Wal-Mart Stores, Inc., an American
multinational retail corporation
Head quarters - Bentonville, Arkansas, US
Founded- 1962,Rogers
Founder- Sam Walton
Chairman - S. Robson Walton
President /CEO- Mike Duke
Revenue- US$ 469.162 billion
Operating income -US$ 27.801 billion
Net income-US$ 16.999 billion
In November of 1962 Wal-Mart was opened.
Wal-Mart became a publicly traded company. The
first stock was sold at $16.50
1972- listed on Newyork Stock Exchange as WMT
1983-Sams club opened in Midwest city, Okla
1988-David Glass named CEO
1991-through a joint venture company Cifra a Mexican
retail company Wal-Mart went global, opening Sams
club in Mexico City
2000-H. Lee Scott, Jr. succeeded David Glass as CEO.
2000-www.walmart.com founded, facilitated US
customers to shop online.
2007-online purchasing facility in world wide
2009-Mike Duke become CEO
2010- Bharati Wal-Mart ,a joint venture with India
2012-Walmart celebrated 50 years of helping people
save money so they can live better
"The secret of successful retailing is to give your customers
what they want. And really, if you think about it from your
point of view as a customer, you want everything: a wide
assortment of good-quality merchandise; the lowest
possible prices; guaranteed satisfaction with what you buy;
friendly, knowledgeable service; convenient hours; free
parking; a pleasant shopping experience."
- Sam Walton (1918-1992)
STEP 1-DECIDING COUNTRY-specifics of the business,
competitive and economic environments
Acquiring
an existing player
(GM,CN,UK,SK,PR,JP)
Starting new stores
on own
Joint Ventures(MX,BZ)
STEP 2-DECIDING STRATEGY
Start greenfield
operations .(AG,CH)
• Diversity in products & services
• Convenient prices & locations
• Strong market presence
• Customer loyalty
• Strong financial performance
• Cost and pricing advantages over
rivals
• Good supply chain
• Global Expansion: new geographic
areas
• Increasing online sales
• Acquiring rival firms
•Low global presence
•Behind rivals in e-
commerce
•Less in EPS
• Intense Competition
• Laws and Regulations
• Cultural barriers
• Slow market growth
• Increasing threat from Amazon
online.
• High competition with Family
Dollar and Target.
Renewable energy now provides 21% of Wal-Mart's electricity globally,
and we became the largest onsite green power generator in the United
States.
Wal-Mart and the Wal-Mart Foundation are increasing training,
market access, and career opportunities for nearly 1 million women
worldwide.
Wal-Mart and the Wal-Mart Foundation gave more than $1 billion to
support organizations that impact local communities around the
world.
The Wal-Mart Foundation became the first partner of Feeding America
to donate 1 billion meals (since 2005).
We saved our customers $2.3 billion on fresh fruits and vegetables since
2011.
Wal-Mart committed to hire any honourably discharged U.S. veteran in
his or her first year off active duty.