Holt Renfrew Case Study
Holt Renfrew Case Analysis: Nausherwan Saleem (11020035) Rukunuddin Aslam (11020163) Case Summary: 1) Company Profile: a. High-end retailer in Canada with ten stores in seven Canadian cities b. Sells top quality, branded and private-label designer fashions as well as cosmetics c. Owned by the Wittington Group headed by Galen Weston d. Peak sales occurred in March/April, July/August.
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- Tracy Dong ISQA 429 Holt Renfrew Case Study Background Holt Renfrew, founded in 1837 in Quebec City as a hat and fur shop, is a high-end retailer in Canada with 10 stores in 7 Canadian cities. The company sells top quality, branded and private-label designer clothing, accessories, and cosmetics (such as Prada, Gucci, Dolce & Gabbana). The luxury retailer is owned by the Wittington.
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Organization Name: Holt RenfrewIndustry: RetailName of Contact:, Director, Total Rewards & HR Analytics, Holt RenfrewWeb References:,Description of How Social Media is Used for Business Performance:According to the Human Resources Professionals Association,“A robust compensation, rewards and benefits strategy builds higher employee attraction, performance, retention and satisfaction. But one size does not fit all: Designing flexible and effective compensation, benefits and rewards strategies that fit your organization and industry is a significant challenge for all organizations.”In 2008, Canadian luxury retailer Holt Renfrew was faced with the challenge of ineffectively communicating the company’s superior compensation and rewards package to its 2,200+ employees. For decades, the retailer synonymous with providing outstanding service and value to its customers had fallen short in effectively delivering perks to their employees. As a result, employees were unaware of the program’s added value to their compensation, thus they were not taking full advantage of it’s benefits.Holt Renfrew’s objective was to design an internal marketing tool that effectively delivered the value of the company’s Compensation Total Rewards program to its employees.