Critical Thinking September 23, 2012
This paper will be discussing a selected group of case questions related to Wal-Mart.Wal-Mart is an American multinational retailer corporation that runs chains of large discount department stores and warehouse stores. The company is the world’s third largest public corporation, according to the Fortune Global 500 list in the world. Wal-Mart remains a family-owned business, as the company is controlled by the Walton family who won a 48% stake in Wal-Mart. It is also one of the world’s most valuable companies (Wikimedia Foundation, Inc.).
The company was founded by Sam Walton in 1962, incorporated on October 31, 1969, and publicly traded on the New York Stock Exchange in 1972. It is headquartered in Bentonville, Arkansas. Wal-Mart is also the largest grocery retailer in the United States. In 2009, it generated 51% of its US $258 billion sales in the U.S. from grocery business. It also owns and operates the Sam’s Club retail warehouse in North America. Wal-Mart has 8,500 stores in 15 countries, under 55 different names. The company operates under the Wal-Mart name in the United States, including the 50 states and Puerto Rico.
Every company has their own strengths, weakness, opportunities and threats. Wal-Mart’s strengths are their powerful retail brand. It has a reputation for value for money, convenience and wide range of products all in one store. They have grown substantially over recent years, and has experienced global expansion (for example its purchase of the United Kingdom based retailer ASDA). The company has a core competence involving its use of information technology to support its international logistics system. For example, it can see how individual products are performing country-wide, store-by-store at a glance. IT also supports