Reed’s Clothier” Case Study and Questions
Reed’s Clothier Case Study Analysis
Jim Reed, II the owner of Reed’s Clothier, a men’s clothing establishment is facing financial difficulties. Established in 1934, by Jim Reed to cater to the numerous Virginia Military Institute (VMI) graduates, the business struggled for the first several years. By 1976, the business annual sales had grown to $800,000, where Jim Reed decided to retire and hand over the business to his son, Jim Reed II.
In 1981, Jim
Words: 1585 - Pages: 7