Thursday, November 21, 2019
E-Project - Business Analysis on Wawa Inc Research Paper - 1
E-Project - Business Analysis on Wawa Inc - Research Paper Example Although company has deep roots in history and it has a history of more than 200 years full of struggle and progression, however, the first convenience store was opened in 1964 (http://biz.yahoo.com). George Wood set up the first dairy store in Wawa, Pennsylvania in 1902. The Wood family still has a share in 52% of the company. The Convenience stores and Gas station industry has a worldwide competitive environment especially there is strong competition in United States. Wawa Inc is presently the leading company of the industry in U.S., however the company is facing serious challenges from several market rivalries like Royal Farms, Subway, Dunkin Donuts, 7-Elevn Inc, Sheetz, and Green Valley Acquisition etc. Royal Farms has shown a great progress in terms of providing fuel in a very clean environment and this category it is surpassing Wawa Inc as it is exceeding all Federal EPA necessities for cleanliness. Further, Royal Farms has controlled the market of Mid-Atlantic region by providing high class beverages. Wawa Inc has experienced the Subway as a very strong competitor in food industry. More than $16.2 billion strategic assets and 35625 restaurants in about 98 countries across the world are the real strength of Subway which has reduced the market capitalization of Wawa in some states (http://www.subway.c om). As compared to Wawa Inc, Dunkin Donuts has a global sphere of operations. It has about 9800 stores in more than 30 countries. It has dominated the consumer market from Wawa Inc as about 6700 Dunkin Donuts branches, offering 52 varieties of donuts and a dozen of coffee beverages, are operating in 35 states of USA (http://www.dunkindonuts.com). Basically Wawa Inc has been affected by its rivalries due to their strong strategic installation on global as well as national scale. The activities and peak of convenience stores and gas station industry is generally characterized by peaceful
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