TradingPostCo* was ready to get on the high-growth track, but needed a new corporate strategy to guide the way.
- TradingPostCo, a $10B global specialty retail conglomerate, had performed poorly over the past decade and had a drooping stock price to match
- The company asked Bain to develop a corporate strategy for successful financial performance
Since TradingPostCo is a global retail conglomerate, it needed a regional strategy for its retail stores. Bain assessed each market separately for attractiveness, strategic position and fit with a new strategy.
Based on this analysis, Bain recommended that TradingPostCo take action appropriate for each market—including getting out of unprofitable locations.
TradingPostCo implemented the new strategy based on Bain's suggestion to break the company into independent regions. The resulting overall performance improvement has been impressive.
* We take our clients' confidentiality seriously. While we've changed their names, the results are real.