Pep provides a lifeline to local people with affordable good quality merchandise. ( Log Out /  PEP Stores employ over 17 000 people and more than 50% of PEP Stores managers are promoted from within the company. Tweet. The new PAXI parcel service creates a valuable in-store addition to the overall PEP experience. Restoring Families. o Diversification and horizontal consolidation of the retail businesses in the hands of Pep Stores (Blue Sky, Pep Home-ware) PEP Home. Module Annotations. o Poor people with little disposable income can have a massive collective buyer power. BP strategic issues highlighting the relationship between leadership style and strategic orientation (1989 – 2007). CAMPBELL, D. and CRAIG, T., 2005. Diversity, fairness and respect. o Customers who are not only looking at price or a combination of price and quality are also going to competitors. Post was not sent - check your email addresses! o Operational efficiencies are technology-driven. o Apartheid got abolished and democracy took place changing in depth the socio-economic behaviour in the country. The case examines the antecedents and consequences of market orientation in the context of Pep Stores, a modern profitable clothing, footwear and textiles discount retailer, catering to low-income consumers in an emerging consumer market. 5 Forces A Guide to Project Management. less formalisation and less centralisation (Harrison and Handy matrix). To find out more about Pep Stores brand value, request the Pep Stores Brand Value … © Pepkor Holdings Limited. PEP has been voted as the best clothing store in South Africa. As defined by De Wit and Meyer (2004), “strategy is a course of action for achieving an organization’s purpose” therefore we have to firstly define the organisation values. Change ), You are commenting using your Twitter account. The default version takes strings of the form defined in PEP 3101, such as “0[name]” or “label.title”. Copy link. All rights reserved. Pep stores shoes come in a variety and also available for school wear where customers can shop for all the childrens school clothes and playsuits for baby requirements and save. Andover, UK: Cengage Learning EMEA. Corporate. Company’s strategic development over time. Jobs. o Strong corporate culture (Sikhula KunYe). Casual permanent (Former Employee) - Eastern Cape, Butterworth - 4 June 2020. 3,133 Pep Stores jobs available on Indeed.com. PEP plans to open 100 new stores in 2021, says Pep CEO Jaap Hamman, as they believe more traditional top end retail customers will be cost cutting and looking for value. o Implementation of new systems to track stocks, customer needs at store level, etc… Today there is a PEP in virtually every town in South Africa. This position is responsible for safely operating a delivery truck of less than three (3) tons and ensuring the delivery load is stacked, padded, and properly secured. Market orientation is an important source of competitive advantage as it facilitates the profitable serving of target customer segments. However, it has no intention of abandoning its core bottom-end market. The retailer is clearly going after the now cash-strapped middle market Woolies … • Competitive rivalry within the industry: In conclusion, reading the different analysis, it appears that Pep Stores has been through a lot of changes in its environment leading to major strategic modifications of the company. The group was established in 1965 and now employs over 32,000 people in 3,800 stores across Europe, Africa, and Australasia. o Diversity did lead to a loss of focus. References: To bting positive attitude towards customers all the time. PEP makes it possible for their customers to look and feel good. Apply to Regional Director, Cashier, Customer Service Representative and more! o Customers who are not only looking at price or a combination of price and quality are also going to competitors. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. With PEP’s lay-by policy, you get 4 months to pay items in full. Dawson International Plc. o Cost cutting drove lack of marketing spend. o Pep Stores are more involved in giving back to the community through corporate social investment. Next it will be a SWOT analysis to not only analyse external factors but also their influence internally, a 5 Forces assessment will complete the analysis. [online]. o Competitors are developing sustainability plans and reporting e.g. With our commitment to gender equality … • Opportunities: Find the latest Pepsico, Inc. (PEP) stock quote, history, news and other vital information to help you with your stock trading and investing. The brand was recently rated – again – as one of the top inspiring business cultures in the world (Barrett Culture Survey, 2017). • Politic: Pep Stores’ values are “Honesty, Passion and Resourcefulness, the vision is: Delighted customers: our focus and pleasure and the mission is to strive to be the friendliest and most exciting retailer offering up-to-date and durable products at the best price” (De Wit and Meyer 2010). London, UK: Thomson Learning. PEP opened its first store in 1965 in De Aar, in the Northern Cape. Pepkor brands are part of the fabric of southern African life. • Bargaining power of suppliers: In their guide to Project Management (2008), Fox and van der Waldt state that while a PESTEL analysis measures the market through external factors, the SWOT analysis will measure a business unit, a proposition or an idea. Back | Store Directory. Cape Town, South Africa: Juta Academic. Implementing Six Sigma and Lean: a practical guide to tools and techniques. Pep Stores’ values are “Honesty, Passion and Resourcefulness, the vision is: Delighted customers: our focus and pleasure and the mission is to strive to be the friendliest and most exciting retailer offering up-to-date and durable products at the best price” (De Wit and Meyer 2010). There are 25 PEP Academies operating within existing schools across four provinces, helping to build a stronger early learning foundation for more than 4 000 grade 4 and 5 learners. Convenient and affordable sending of parcels to anywhere in South Africa, 7 … DE WIT, B. and MEYER, R., 2010. Values . They are Pepkor's largest and first subsidiary with over 1,500 stores in … Values . We can say that a Kaizen management type is in place and so a culture of continuous improvement demonstrated its effectiveness since 1965. o Loss of focus did let competition enter and grab market shares. In addition to its core product range, PEP continues to evolve to meet changing consumer needs. Conclusion As described in the case study (2010) Pep has been impacted by many major external factors influencing many internal changes. Over the next 54 years, the PEP brand became a firm part of South Africa’s history and culture. This report consists of five main parts. PepsiCo (PEP) shares ended the last trading session 3.3% higher at $133.03. Culture and Values. Internal and external factors have now been identified with these 2 analysis. ( Log Out /  Module annotations work much the same as class annotations. • Threat of substitutes: They sell clothing, footwear, home-ware, baby-wear, school-wear, health, beauty and wellness products, cellular products, insurance policies, etc… Pep has more than 1600 stores, making it the biggest single brand chain store in Southern Africa (Angola, Zambia, Zimbabwe, Mozambique and Malawi ), Poland and Australia. PEP is the friendliest and most trusted retailer, offering wanted products and services at the lowest prices Our success lies in giving our customers what they want. Sorry, your blog cannot share posts by email. o Van Rooyen had a strong vision to be implemented. The company believes that its success lies in giving customers what they want. 5,0. Salary/Benefits. This would mean, according to Berkowitz (2010), that, even if the market is maturing, the company is able to retain a strong market share and that they generate a significant cash flow, and, when the shares are dropping, consolidation strategies have to take place as demonstrated in the 1990’s. o Apartheid legislation had a big impact on Pep Stores as the customers were treated as second class citizens. Pep. At a time when many high street names are battening down the hatches, value retailer Poundland announced last week that it will expand its Pep&Co shop-in-shop concept to another six stores this summer, and is beginning to take its first steps towards a transactional website as part of a "transformation" programme.. Pep&Co was founded in 2015 by chief executive of Pepco Group … args and kwargs are as passed in to vformat(). Central Textiles, H&M, GAP Inc., M&S, etc… (csr – reporting 2011) • Ecologic: PEP provides a lifeline to local people with affordable, good quality merchandise. It offers the lowest price for sending a parcel from one PEP store to another. With more than 2 200 PEP, PEPhome and PEPcell stores, PEP is the biggest single-brand retailer in Africa. PEP | Complete PepsiCo Inc. stock news by MarketWatch. To further enhance PEP’s focus on education, it has partnered with Thandulwazi, a programme of the St Stithians Foundation. PEP Stores - Johannesburg (CENTRE BARRY MARAIS ROAD, RUSLOO, VOSLOOSRUS) PEP Stores - Johannesburg (PICK'N PAY SENRTUM WINKEL NO.6, WITPOORTJIE, ROODEPOORT) PEP Stores - Johannesburg (3839 MC BOTHA AVENUE, VOSLOOSRUS) PEP Stores - Johannesburg (SHOPS 1415 ZANDSPRUIT VALUE CNT, CO KONIFFER & BEYERS NAUDE WAY, ZANDSPRUIT) is the latest addition to the PEP business and offers a variety of sought-after brands and quality products at surprisingly low prices in the FMCG, toys, general merchandise, homeware and technology product categories. o Cellular phones arrival on the market. PEP stores cater primarily for the lower income market segment offering quality, affordable merchandise for men, women, kids and babies alike. http://csr-reporting.blogspot.com/2010/08/19-textile-sector-companies.html. Strategy, Process, Content, Context an international perspective, 3rd ed. Join Today! Not only do customers get the best value for money, but PEP stores also have the lowest number of complaints! PEP managing director George Steyn said market research showed that customers associated the slogan "Low prices for everyone" with "cheap and nasty" and did not like to be told they were poor. This is no accident – it stems from PEP’s unique Sikhula KunYe (growing together) culture, which unites everyone who works at the business – regardless of age, gender or job function – and makes PEP one of the most exciting companies to work for in southern Africa. 3,133 Pep Stores jobs available on Indeed.com. Change ), You are commenting using your Facebook account. Working at Pep stores is the most enjoyable period I've ever experienced in my life. Organisations and the business environment, 2nd ed. The Tire Stock Order Driver will provide superior customer service through safe, effective, and timely delivery of parts and tires to Pep Boys stores. Corporate. Pep Stores also worked in turning weaknesses into strengths by implementing new strategies, when the population migrated to the cities, Pep Stores created new stores in cities and shopping mall to reach a 60/40 locations-mix to meet customers’ needs. R1BOP mission (increase sales and reduce costs to achieve 1 billion of operating profit) or bringing marketing and advertising back in house to reposition the brand. o Original vision was not followed in the 1990s diverting customers elsewhere. My knowledge of the SA regulatory rules is too limited and this was not to be treated in this exercise. The 17 000 people employed at PEP are united by a unique culture that promotes growth, dignity, respect and fun. Available from: http://csr-reporting.blogspot.com/2010/08/19-textile-sector-companies.html [Accessed 26 February 2011]. This will help to or consolidate strengths by using opportunities or transform weaknesses into strengths or even mitigate the risks identified in the threats. Plan your shopping with Tiendeo! Pep store is a fun workpace and it has its values which you just have to comply with them and enjoy your work and beverything able to work on weekends and holidays if you go an extra you will be a good asset for pep. Careers. The stores were neither flashy nor fashion houses – just plain value for money, big volumes and low margins, similar in philosophy to today’s giants like Wal-Mart, the biggest retailer in the world. The core values have been key to implement a deep and influencing corporate culture that serves not only the core values of the company but also the cultural values of where Pep Stores operates. Close. Over half of all PEP’s store managers are promoted from within the company. They also could adapt their image to meet the demand, as the customers were perceiving the stores as obsolete and cheap, and so refocus the company on new vision/mission statements e.g. This initiative will extend its teacher development programme to the Limpopo province, offering approximately 200 teachers early childhood education support and training in the Modimolle area. The value is still assigned to, the object it refers to is still kept alive until the end of the scope, and it can still be used. California Prop 65 WARNING: This product can expose you to chemicals including lead and lead compounds, Di(2-ethylhexyl)phthalate (DEHP), which are known to the State of California to cause cancer , and chemicals including Di-n-butyl Phthalate (DBP), which are known to the State of California to cause birth defects or other reproductive harm. BERKOWITZ, E., 2010. o There are a large number of national players, as well as independent stores, in the retail clothing market such as Edgars, Foschini, Woolworths, Truworths, Jet, Markhams, Queenspark, Clothing City and Mr Price. To be a bit more granular in the portfolio analysis, we could refer to the Boston Consulting Group matrix and check each family of goods and services but for this specific exercise (limited length) we can try to consider Pep Stores as one single entity and state that, as the market share of the company is high (Southern Africa being the reference i.e. o End of 20th century Pep was considered as cheap. That also shows they realised that they could contain the bargaining power of suppliers by integrating the supply chain and the bargaining power of the buyers could be controlled by revamping the corporate image while there are almost no new entrants as the conditions are not easy to fulfil and there is no substitute per se. get_value (key, args, kwargs) ¶ Retrieve a given field value. From 2008 to 2019, PEP Academy has assisted approximately 18 500 learners and hundreds of teachers and school managers. SWOT To complete the analysis, a look at the operating environment is necessary as it will show the relationship with suppliers, customers and competitors but also assess the threats of new entrants and substitutes. Pep stores made me to value myself, staff members and more especially the customers. Over the next 54 years, the PEP brand became a firm part of South Africa’s history and culture. o In the 1990’s the competitors started to make credits for lower income population. Sikhula KunYe, a people centered corporate culture, was implemented i.e. The case examines the antecedents and consequences of market orientation in the context of Pep Stores, a modern profitable clothing, footwear and textiles discount retailer, catering to low-income consumers in an emerging consumer market. Enter your email address to subscribe to this blog and receive notifications of new posts by email. We have pioneered innovative programs that connect the nation’s top executives, entrepreneurs, and MBA students with convicted felons. Pep Comics. Nor is the use of "_" for unused variables entirely ubiquitous, since it conflicts with conventional internationalization, it isn't obvious that it is a regular variable, and it isn't as obviously unused like a variable named "unused" . flatter organisation and more decentralised decision-making. Sudbury, Massachusetts, USA: Jones & Bartlett Learning Back | Store Directory. Only then we can have an appraisal of the company’s strategic development over time and a conclusion. Strategy, Process, Content, Context an international perspective, 4th ed. • Legal: Their school clothes are made in a factory in Cape Town, so it’s all proudly South African as well. Sales bonus. The goal of the SWOT analysis with PESTEL as input for Threats and Opportunities is to generate strategies for improvement (Basu 2008). View market values for books, store your collection, and meet fellow comic fans! The culture has always been there from the beginning in 1965 with a clear vision from Renier van Rooyen, but in the 1990’s most major environmental changes took place e.g. o Reviewed new vision, mission and values at the end of the 1990’s to revitalise the company. The group was established in 1965 and now employs over 32,000 people in 3,800 stores across Europe, Africa, and Australasia. Essentials of Health Care Marketing, 3rd ed. PEP opened its first store in 1965 in De Aar, in the Northern Cape. According to Porter the 5 forces analysis will determine the level of competition in an industry and so its potential benefits. The Pep Stores brand valuation has featured in 3 brand rankings, including the biggest Africa brands and the best South Africa brands. In addition to clothing and footwear, it offers: PEP people are known as Dynamos and are famous for greeting each other with a high five. He delivered a new vision/mission statement and raised the corporate culture as a process to boost the staff and deliver the mission. This framework will also be a main input into the SWOT analysis as Threats and Opportunities represent the external factors in that analysis. Find the latest Pepsico, Inc. (PEP) stock quote, history, news and other vital information to help you with your stock trading and investing. Introduction o Vertical consolidation of activities to ensure distribution costs reduction and higher flexibility in demand management. Oxford, UK: Publisher: Butterworth-Heinemann. o Customers left the stores end of the 1990’s as products did not have the image they wanted for their clothes. Customer Service: 0860 737 000. ( Log Out /  Apply to Regional Director, Cashier, Customer Service Representative and more!