Behaviours were prompting executive decision making to shift

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Reference no: EM132173928

In the early part of 2015, Canadian retailing underwent a transition. It started with Target Canada announcing that it had filed for bankruptcy and would be closing all 133 of its Canadian stores, resulting in a loss of 17,600 jobs. Within a few weeks, another announcement hit the media: this time it was Burger King declaring that it was taking over Tim Hortons (Canada’s 50 year old doughnut and coffee behemoth), resulting in rumours that hundreds at Tim’s Oakville head office would be served layoff notices immediately. By mid-April another surprise announcement was made that effective immediately: all Future Shop stores would be closing their doors permanently and consolidating under the Best Buy name.

--What would prompt these organizations to make such radical decisions?

--What changes in consumer behaviours were prompting executive decision making to shift?

Reference no: EM132173928

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