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Monday 25 February 2013

Wild Oats Inc

A. Introduction: company/industry
1984 Michael Gilliland and his wife Libby Cook had partnered up and raise mvirtuosoy to open a convenience barge in crosswise from the University of Colorado
1985 Gilliland and Cook had partnered with Randy Clapp to purchase the second convenience hold on in Boulder, this install was successful and profitable
1986 The third store was added, it was a gourmet, instinctive foods and convenience store human body The French Market. The store was mismanaged and lacked focus for deuce years
1987 The three business partners bought out crystallizing Market which was a vegetarian natural foods store that also interchange used bicycles, Guatemalan clothing and quartz crystals.

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They decided to changed the name of the business to disturbed Oats Vegetarian Market
-During this year they have also changed one of the convenience store to a natural foods store
-They have added two to a greater extent stores
1990 Six stores were open in total
- introduced a course were the company donates five percent of sales to local charity
1991 the head start store was opened outside of Colorado and it was their first natural foods supermarket
- in the following year they had opened two more stores, totalling to nine stores by the end of 1992
1992 the company had introduced employee surveys, this allowed the company to discern more about what their employees need and essential. The purpose of introducing this wellness make headway was to sum up employee involvement and to decrease turnover rate
1993 another store was open and acquired a store in Kansas City.
- employee surveys were increased to in two ways per year

1994 two stores were open in Las Vegas and another one in Colorado
- Wild Oats introduced profit sharing (employees receive 15% of profits)
- this was introduced to increase morale and productivity, boost recruitment, and decrease turnover
- revenues reached $65.2M & operating profits of $2.6M
1995 Wild Oats opened five new stores and acquired two new stores northern...If you want to get a full essay, order it on our website: Ordercustompaper.com



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