Jazmyne Renfro Megan Pender March 7‚ 2013 Marketing Management – TTH 12:15 Wal-Mart Case Analysis Problem Walmart has become one of the top companies in the world with their best cost strategy. Providing a service that has good quality and low cost. Although Walmart’s dominant brand brings in large revenue the competition is still vigorous. Direct competitors‚ Target and Costco fight for market share in discount merchandise. Home Depot‚ Circuit City‚ and Best buy manage to still
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building with the blue and white Wal-Mart sign across it. At least one of us has visited the store and shopped‚ whether for ourselves‚ friends or family members. We like the store because of its convenience to our homes‚ the variety of products and‚ most of all‚ the savings we obtain whenever we make a purchase. Besides the "everyday low prices" of this retail giant‚ what exactly do we know about this massive organization? Although to some of us it may seem Wal-Mart is only a few years old‚ it is
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Wal-Mart went public in October of 1970. Their IPO was 3‚000 shares at a price of $16.50 per share. By having a smart business model and keeping cost low though a variety of tactics including low employees wages and benefits‚ Wal-Mart has been able to sustain an incredible rate of growth. Since their IPO Wal-Mart has undergone eleven full 2-1 stock splits. That means that just one share of their IPO has turned into 2‚048 current shares. The current market value of Wal-Mart stocks on the NYSE
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Question: Is Wal-Mart Good for the Economy? Yes. Wal-Mart is now the largest grocer‚ largest retailer‚ largest corporation in the world. "If Wal-Mart was a nation‚ it would have a bigger economy than 80 percent of the world’s countries"(Singer and Mason). About "138 million people go to one of Wal-Mart’s 5‚000 stores in the United States and nine other countries"‚ and purchase more than $300 billion every year (Singer and Mason). With a 1.6 million global workforce‚ Wal-Mart has become the
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The Wal-Mart Dispute Karen Olsson believes that Wal-Mart‚ the world’s largest retailer company‚ under pays their employees for the amount of work they do daily. They do not offer good working conditions for their employees or enough medical benefits to support themselves and their families. Sebastian Mallaby says that Wal-Mart is not wrong for the way that they run their business; he feels as though Wal-Mart does their consumers a favor by keeping the wages low and offering “low prices”
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researchers refer to Wal-Mart as the industry trendsetter. Today‚ this retailing pioneer has annual revenues of over $100 billion‚ 3‚000 stores and more than 750‚000 employees worldwide. Wal-Mart operates each store‚ from the products it stocks‚ to the front-end equipment that helps speed checkout‚ with the same philosophy: provide everyday low prices and superior customer service. Lower prices also eliminate the expense of frequent sales promotions and sales are more predictable. Wal-Mart has invested heavily
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for Wal-Mart’s success has been its inbound logistics. Wal-Mart pioneered the development of a hub-and-spoke distribution system. Its central distribution warehouses are strategically located to serve clusters of Wal-Mart stores which lead to minimized shipping times. • Operations: Hand-held scanners allow Wal-Mart to monitor its inventory in real-time. This helps Wal-Mart reduce the potential for stock outs and excess inventory. Other significant operations that differentiate Wal-Mart from
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In 1962‚ Sam Walton founded Wal-Mart by opening the first Wal-Mart in Rogers‚ Arkansas. Wal-Mart Stores Inc. was incorporated October 31‚ 1969. By the end of the 1960s‚ Wal-Mart had grown to 276 stores in 11 states‚ and Wal-Mart went public in 1972. In 1991‚ Wal-Mart opened its first international store in Mexico City and has never looked back. As of this year‚ Wal-Mart has 8‚446 store and club locations in 15 countries that serve more than 176 million customers every year (walmartstores.com) Every
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Facts: Betty Dukes and five other women‚ who were Wal-Mart employees‚ filed a class-action lawsuit against alleged infringement upon civil rights done by Wal-Mart. They argued on behalf of themselves and 1.5 million women—who had been employed by Wal-Mart after December 26‚ 1998—that Wal-Mart implemented corporate policies that resulted in nationwide discrimination against employed females. They claimed there was a moratorium in promotion in comparison to male employees; furthermore‚ they contended
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corporation were entered‚ e.g. Carrefour‚ Tesco and Wal-mart. Now the Wal-mart has become one of the very important supermarkets in Chinese supermarket sector. This assignment is intends to offer the evaluation for the business and performance of Wal-mart in China in terms of PEST and SWOT models‚ with critical discussion on the choosing and using of those two analytical models‚ so that provide the critical analysis and related recommendation to Wal-mart’s strategy in China. Critical evaluation of PEST
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