Sam Walton, in the city of Rogers, opened Walmart’s first store in 1962 Arkansas. Seven years later (1969) the company was incorporated as Walmart Stores Inc. and was already listed at the NY stock market in 1972.
What started with a single store in Arkansas became one of the most powerful multinational companies in the world, serving more than 200 million clients weekly in 28 countries.
Value Walmart provides his stakeholders
Sam Walton believed from the very beginning in the idea of saving people’s money. That mission still guides our company’s culture, “Save Money, Live Better”.
Always focusing on our relation to stakeholders so we created some practices that not only affect our costumers and employees but the whole environment that surrounds Walmart. We support healthy programs to all associates and make healthy products more accessible to our customer based on a “low price every day” policy.
Besides that, our engagement on creating a diversified friendly environment and our concerns about sustainability, not only in our operations but also in the whole supply chain, have led to many awards won worldwide. In addition our Walmart foundation supports the fight against hunger and number of military veterans that are working in our company drive us to the same objective of being profitable and stakeholders friendly.
Trends and Tendencies for 2012
To maintain our company’s successes we need to focus and adapt to the current and future trends and market Tendencies that influence our company.
Specialists say that we are facing a food inflation of 5% to 8% in 2012. That tends to affect not only the groceries stores but big retailers as well. Walmart is prepared to take advantage of this situation as soon as our competitive advantages give us better spreads than other competitors. That drives us to a scenario where Walmart, besides the inflation, can maintain it’s prices for a longer time than other players which