Group Report
Submitted To:
Jian Guan
MGT802
Ryerson University
April 2, 2008
Submitted By:
Lalit Kalra
Miri Kwun
Galant Lee
Muruhendran Mahendran
Jani Theiventhiran
TABLE OF CONTENTS
Introduction 3
Wal-Mart and Wages 4 - 7
- Basic Facts
- Ethical Issues
- Alternatives
- Recommendations
Wal-Mart and Gender Discrimination 7 - 10
- Basic Facts
- Ethical Issues
- Alternatives
- Recommendations
Wal-Mart and Sweatshops 11 - 14
- Basic Facts
- Ethical Issues
- Alternatives
- Recommendations
Wal-Mart and Community Impact 14 - 18
- Basic Facts
- Ethical Issues
- Alternatives
- Recommendations
Lawsuits 18 - 21
Impact on Stakeholders 22
References 23
INTRODUCTION
The first Wal-Mart store was opened in Rogers Arkansas in the Year 1962. From Wal-Mart’s company website a common misconception people have in regards to discount retailing is put to rest. That being this was the year it all started, When Kmart, Target, and Wal-Mart first opened. In actuality however, the chain of variety stores Sam Walton owned during the 1950’s faced stiff competition for many regional discount stores. In 1972, Wal-Mart stock was offered for the first time on the New York Stock Exchange. With this infusion of capital, the company grew to 276 stores in 11 states by the end of the decade. Also from the company’s official website, it is important to note that in 1983 the first Sam’s Club members-warehouse store opened. The first Supercenter opened in 1988, featuring a complete grocery, and 36 departments of general merchandise. By 1989, there were 1,402 Wal-Mart stores and 123 Sam’s Club locations. Employment had increased tenfold. Sales had grown from $1 billion in 1980, to $26 billion. Wal-Mart’s company website states that Today, 7,262 stores and club locations in 14 markets employ more than 1.9 million associates,
References: REFERENCES Basker, Emek (2005) Beaver William. (2005). Battling Wal-Mart: How Communities Can Respond. Business Society Review, 110:2, 159-169 Bianco, Anthony Bloomberg (2005). Wal-Mart Didn 't Act on Internal Sex-Bias Alert. Documents Show.