Marten Arts Gallery

  • Reference: IVEY-9B10B005-E

  • Year: 2009

  • Number of pages: 12

  • Geographic Setting: Canada

  • Publication Date: Aug 19, 2010

  • Source: Ivey Business School (Canada)

  • Type of Document: Case

  • Industry Setting: Retail Trade;

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Description

Recent changes to the fine art industry and the economy had impaired Marten Arts Gallery's financial performance. The owner of Marten Arts Gallery was concerned that there was no longer a future for him in the fine art industry. Although the business had regained profitability in the first half of 2009, the owner decided it was time to look at all options, ranging from adding a second store to selling the business.

Keywords

Profitability analysis Retail Marketing small business Strategic planning