Frenchie Ford
(MBA) Healthcare Management
Salem International University
2013
Abstract
Wal-Mart is better-known American retailer corporation that runs chains of large discount department stores and warehouse stores. It is also the largest private employer in the world with over two million employees, and is the largest retailer in the world. However, Wal-Mart is revolutionizing the way the retail items are passed from producer to end-user by drastically cutting costs at every opportunity and demanding the same of their suppliers. These savings passed onto the consumers has not come without a price! This research introduces the history and background of Wal-Mart. This paper also addresses the dividend policy, ratio analysis for financial data, and the company 's future plans.
Wal-Mart
Wal-Mart remains a family owned business as the company is controlled by the Walton family who own a 48 percent stake in Wal-Mart. It is also one of the world’s most valuable companies. The company was founded by Sam Walton in 1962, incorporated on October 31, 1969, and publicly traded on the New York Exchange in 1972. In 2009, it generated 51 percent of $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 was the most profitable retailer in the US, and by November 1990, it outsold K-mart. By 1991 it outsold Sears in retail, making it America 's largest retailer and a distinction it still holds. Wal-Mart has 8,500 stores in 15 countries, under 55 different names. (Wikipedia, 2013)
Currently Wal-Mart operates over 4,150 retail facilities globally. Also, the company is the dominant retail store in Canada, Mexico, and the United Kingdom. Wal-Mart holds the number one spot, ranked by its total sales. The company is ranked as the second most admired company in the world by Fortune. Wal-Mart provides general
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