Newell Rubbermaid SWOT and PESTLE Analysis
COMPANY PROFILE -Newell Rubbermaid
Business Sector :Consumer Goods
Operating Geography :Global, United States
About Newell Rubbermaid :
Newell Brands is an American company that manufactures consumer and commercial products with a diverse range of brands. It was founded in 1903. Newell Rubbermaid acquired Jarden, together known as Newell Brands. Some of its famous brands are Parker, PaperMate, Calphalon, Dymo, First Alert, Yankee candles, Jostens to name a few across different segments like writing, food storage, home organization and kitchen appliances. It is head quartered in Hoboken, New Jersey, U.S. and has around 53,400 employees as of 2017.Newell Rubbermaid Revenue :
U.S $ 13.26 BillionCompetitive Analysis of Newell Rubbermaid
1. Growth game plan 2. Diverse Product Portfolio 3. Acquisitions & Mergers 4. Focussed R&D | 1. Lack of ecommerce presence 2. Dependence on suppliers |
1. Growth in Emerging Markets 2. Growth of eCommerce | 1. Competitors 2. Market uncertainties |
Complete Report
USD 14.21
- Debit/Credit card
- PayPal
Detailed SWOT Analysis of Newell Rubbermaid
Strength
1. Growth game plan: Newell Brand introduced its growth game plan as part of its strategy in late 2016. This plan focuses on streamlining the organization, new investment priorities, expands eCommerce capabilities across various categories. Also the plan divides its portfolio into 3 broad categories namely win bigger, develop for growth, entrepreneurial. As part of the plan, the company will simplify its existing 32 business units to 16 operating divisions, this also includes the newly created global enterprise-wide eCommerce division.
In order to strengthen its brand portfolio, Newell Brand sold its tools business, which includes Irwin, Lenox, Hilmor brands to Stanley Black & Decker. Newell brands as part of its strategy, sold its winter sports business. Newell brands took these measures in order to accelerate growth by simplifying and strengthening its product portfolio.
2. Diverse Product Portfolio: Newell Brands’ products fall under various categories like Writing, outdoor recreation products, outdoor clothing, sports equipment, baby products, Commercial products, kitchen appliances, Safety products to name a few. Its product portfolio comprises of popular brands like Parker, Paper mate, Dymo, Colman company products, Marmot, Rawlings, Graco, NUK, Oster, Calphalon, First Alert. Newell Brands sells its products in about 200 nations around the globe and has operations on the ground in almost 100 of these nations.
3. Acquisitions & Mergers: Newell Brands has been successfully acquiring companies to complement its product portfolio. The company has acquired Smith Mountain industries, this would complement their existing home fragrance category which includes Yankee candle brand. Also, it would be acquiring Chesapeake Bay Candle.
4. Focussed R&D: It has constantly invested in product based innovation. Newell has set up a state-of-the-art design centre Kalamazoo, Michigan. Through this design center Newell aspires to use both design and innovation as competitive advantage. Some of the exciting new products lined up in 2017 are EXPO Dry Erase Markers with Ink Indicator, the whiteboard marker that provides an indication of low ink to name a few.
Weakness
1. Lack of eCommerce presence: Newell brands such as Sharpie and Rubbermaid have witnessed lower quarterly earnings, one of the reasons being a shift in consumers’ preference towards eCommerce over brick and mortar stores, while the later generates 85 percent of the company’s revenue.
2. Dependence on suppliers: Newell’s dependence on resin suppliers with facilities in Texas and Louisiana, which were affected by Hurricane Harvey, remained shut down for more than a week, this disrupted the supply chain of Newell brands. As a result, the company’s earnings were affected.
Opportunity
This section is available only in the 'Complete Report' on purchase.
Threat
This section is available only in the 'Complete Report' on purchase.
References
1. Newell RubbermaidAnnual Report 2016: https://ir.newellbrands.com/investor-relations/annual-reports/default.aspx
2. Newell Rubbermaid investor relations: https://ir.newellbrands.com/investor-relations/press-releases/press-release-details/2016/Newell-Brands-Announces-New-Growth-Game-Plan/default.aspx https://ir.newellbrands.com/investor-relations/press-releases/press-release-details/2017/Newell-Brands-Completes-Sale-of-Tools-Business-to-Stanley-Black--Decker/default.aspx
3. Shares of Rubbermaid and Sharpie have declined: https://fortune.com/2017/02/06/newell-shares-rubbermaid-sales/
4. Newell blames Harvey for profit warning: https://www.ft.com/content/ca2fb37e-931b-11e7-a9e6-11d2f0ebb7f0
5. Retail eCommerce sector: https://www.statista.com/statistics/379046/worldwide-retail-e-commerce-sales/
Complete Report
USD 14.21
- Debit/Credit card
- PayPal
TABLE OF CONTENTS
DELIVERY AND FORMAT
WHY CHOOSE US?
You may also be interested in other analyses of Newell Rubbermaid:
-
Newell Rubbermaid Porter's Five Forces Analysis -
Newell Rubbermaid VRIO Analysis -
Newell Rubbermaid Value Chain Analysis -
Newell Rubbermaid Covid-19 Impact Analysis -
Newell Rubbermaid BCG Analysis -
Newell Rubbermaid Segmentation, Targeting and Positioning (STP) Analysis -
Newell Rubbermaid Ansoff Matrix Analysis
Get this report delivered straight into your email inbox for free. You also agree to receive email updates from us on our new reports and solutions.
Get this report delivered straight into your email inbox for free. You also agree to receive email updates from us on our new reports and solutions.
Get this report delivered straight into your email inbox for free. You also agree to receive email updates from us on our new reports and solutions.
Get this report delivered straight into your email inbox for free. You also agree to receive email updates from us on our new reports and solutions.
Get this report delivered straight into your email inbox for free. You also agree to receive email updates from us on our new reports and solutions.
Get this report delivered straight into your email inbox for free. You also agree to receive email updates from us on our new reports and solutions.
Get this report delivered straight into your email inbox for free. You also agree to receive email updates from us on our new reports and solutions.
Get this report delivered straight into your email inbox for free. You also agree to receive email updates from us on our new reports and solutions.
Get this report delivered straight into your email inbox for free. You also agree to receive email updates from us on our new reports and solutions.
Get this report delivered straight into your email inbox for free. You also agree to receive email updates from us on our new reports and solutions.
Get this report delivered straight into your email inbox for free. You also agree to receive email updates from us on our new reports and solutions.
Get this report delivered straight into your email inbox for free. You also agree to receive email updates from us on our new reports and solutions.
Get this report delivered straight into your email inbox for free. You also agree to receive email updates from us on our new reports and solutions.
Get this report delivered straight into your email inbox for free. You also agree to receive email updates from us on our new reports and solutions.
Get this report delivered straight into your email inbox for free. You also agree to receive email updates from us on our new reports and solutions.
Get this report delivered straight into your email inbox for free. You also agree to receive email updates from us on our new reports and solutions.
Get this report delivered straight into your email inbox for free. You also agree to receive email updates from us on our new reports and solutions.
Get this report delivered straight into your email inbox for free. You also agree to receive email updates from us on our new reports and solutions.
Get this report delivered straight into your email inbox for free. You also agree to receive email updates from us on our new reports and solutions.
Check Out Analysis of Other Relevant Companies
How to Reference This Page?
You can use the following in your reference section in order to give credit to the source. For different referencing styles and detailed guidelines, please click here.
Newell Rubbermaid SWOT and PESTLE Analysis - SWOT & PESTLE.COM
SWOT & PESTLE.com (2024). Newell Rubbermaid SWOT and PESTLE Analysis - SWOT & PESTLE.com. [online] Available at: https://www.swotandpestle.com/newell-rubbermaid/ [Accessed 03 Jul, 2024].
In-text: (SWOT & PESTLE.com, 2024)
Copyrights and Disclaimer
Newell Rubbermaid SWOT and PESTLE analysis has been conducted by Aparajitha Sanji and reviewed by senior analysts from Barakaat Consulting.
Copyright of Newell Rubbermaid SWOT and PESTLE Analysis is the property of Barakaat Consulting. Please refer to the Terms and Conditions and Disclaimer for usage guidelines.