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The 4P strategies of Wal-Mart and Carrefour

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The 4P strategies of Wal-Mart and Carrefour
Contents
1. Introduction 1.1 Background 1.1.1 The development and history of Wal-Mart 1.1.2 The development and history of Carrefour 1.2 Definition 1.3 Objectives
2. 4Ps of Wal-Mart and Carrefour 2.1 The similarities and differences about pricing strategy 2.1.1 Wal-Mart’s pricing strategy 2.1.2 Carrefour’s pricing strategy 2.1.3 similarities and differences 2.2 The similarities and differences about placing strategy 2.2.1 Wal-Mart’s placing strategy 2.2.2 Carrefour’s placing strategy 2.2.3 similarities and differences 2.3 The similarities and differences about product strategy 2.3.1 Wal-Mart’s product strategy 2.3.2 Carrefour’s product strategy 2.3.3 similarities and differences 2.4 The similarities and differences about promotion strategy 2.4.1 Wal-Mart’s promotion strategy 2.4.2 Carrefour’s promotion strategy 2.4.3 similarities and differences
3.Conclusion
4.Reference Lists

1 Introduce
1.1 Background
1.1.1 The development and history of Wal-Mart
On July 2, 1962, the first Wal-Mart store was opened by Sam Walton in Rogers, Ark. After 28 year’s development, Wal-Mart became the nation 's number-one retailer by 1990. Wal-Mart’s 10,900 stores under 69 banners in 27 countries and e-commerce websites in 10 countries are visited by more than 245 million customers and members each week. Wal-Mart International is currently the fastest growing part of its business and it leverages its global resources to meet local needs. With fiscal year 2013 sales of approximately $466 billion, Wal-Mart employs 2.2 million associates worldwide(Wal-Mart,2013).
1.1.2The development and history of Carrefour
The Carrefour supermarket company was set up by the Fournier, Badin and Defforey families who run a discount supermarket in Annecy in 1959. More than 9900 company-owned and franchise stores are run by Carrefour Group currently, and now the Group operates



References: Wal-Mart(2013)Retrieved Aug 24, 2013 from http://corporate.walmart.com/our-story/heritage/history-timeline Carrefour(2013)Retrieved Aug 24,2013 from http://www.carrefour.com/content/presentation-group Man, T. W., Lau, T., & Chan, K. F. (2002). The competitiveness of small and medium enterprises: a conceptualization with focus on entrepreneurial competencies. Journal of Business Venturing, 17(2), 123-142. Anderson, C. H., & Vincze, J. W. (2004). Strategic marketing management (2nd edition.). Boston: Houghton Mifflin. Businessdictionaries(2013). Retrieved Sept 2 ,2013 from http://marketing.businessdictionaries.org/Public-Service-Advertising-Glossary/U/1/Place_Strategy Kotler, P., Brown, L., Adam, S., Burton, S., & Armstrong, G Marketingteacher(2013).Retrieved Sept 2,2013 form http://www.marketingteacher.com/lesson-store/lesson-promotion.html Mujtaba, B Baek, J. (2005). How Does the Global Retailer Localize Its Format? The Case of Toys “R” Us and Carrefour in Japan. Journal of Global Marketing,18(1-2), 151-166. Dupuis, M., Chul Choi, S., & Larke, R. (2006). Carrefour,. Being aware of the domestic market!. Dawson, J., Larke, R. and Mukoyama, M., Strategic Issue in International Retailing, Routledge, London, 71-90. Gereffi, G., & Christian, M. (2009). The impacts of Wal-Mart: The rise and consequences of the world 's dominant retailer. Annual Review of Sociology,35, 573-591. Graff, T. O. (1998). The locations of Wal-Mart and Kmart supercenters: Contrasting corporate strategies. The Professional Geographer, 50(1), 46-57. Durand, C., & Wrigley, N. (2009). Institutional and economic determinants of transnational retailer expansion and performance: a comparative analysis of Wal-Mart and Carrefour. Environment and planning. A, 41(7), 1534. Yuan, W. , Wei-wei, K. , Yu, W. , Feng-hua, W. , Lu-min, W. , et al. (2012). The strategy of site location based on business area theory: Case study of wal-mart, carrefour and metro in xi 'an. , 209-211, 1-3. Lindgreen, A., Palmer, R., & Vanhamme, J. (2004). Contemporary marketing practice: theoretical propositions and practical implications. Marketing Intelligence & Planning, 22(6), 673-692. Sunanto, S. , Tuninga, R. , Kaynak, E. , Harcar, T. , & ASSOCIATION-IMDA, I. (2009). Hypermarkets and consumer shopping behavior: The case of carrefour in indonesia. ,18, 540-547. Colla, E., & Dupuis, M. (2000). CARREFOUR/WAL-MART: Questions autour d 'un combat global. Décisions Marketing, (21), 73-79

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