Description: She saw the company through a rough spot. And now Loblaws has rewarded Sarah Davis and named her as president of the huge grocer. Davis has been described as strong with both operations and the numbers side of the business. One of her challenges may be continuing to integrate the Shoppers Drug Mart acquisition, including a marriage of Shoppers’ and Loblaws’ customer loyalty programs.
Date: January 19, 2017
1) Ms. Davis is described as having strengths in both operations and in the numbers. What type of training do you think may help build those strengths?
2) The article discusses customer loyalty programs. How would a company account for the rewards customers have built up but not yet claimed?
3) Wiley’s Financial Accounting: Tools for Business Decision Making talks about both Loblaws and Shoppers Drug Mart. Where can you find information on these companies in your accounting text?