Balanced Scorecard of Wal-Mart 苏晓瑞 2012201689 Background of Wal-Mart Wal-Mart is an American multinational retail corporation that operates a chain of discount department stores and warehouse stores. Headquartered in Bentonville‚ United States‚ the company was founded by Sam Walton in 1962 and incorporated on October 31‚ 1969. It has over 11‚000 stores in 27 countries. Now Walmart has become the world’s largest company by revenue‚ according to Fortune Global 500 list in 2014‚ as well as the biggest
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The world ’s largest retailer‚ Wal-Mart‚ is moving into Europe‚ and the UK is its second target after Germany. BBC News Online ’s Tim Weber looks at the secrets behind the company ’s success. The figures make the owners of corner shops and small retail chains shudder: Wal-Mart operates 3‚601 stores‚ employs more than 910‚000 people world-wide‚ sales amounted last year to $137.6bn (£85.7bn) - equivalent to a tenth of Britain ’s total economic output. Patrick O ’Connell: The largest retailer
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Introduction Since its establishment in 1962‚ Wal-Mart has grown to be one of the biggest conglomerates in the world. Inevitably‚ with the expansion of the company‚ the weight and number of social and ethical issues facing the company has increased. The key issues discussed in this particular case are: Wal-Mart’s and America community Small merchants and the community’s environment Barriers to domestic expansion Wal-Mart and its Opponents Wal-Mart’s Corporate Social Responsibility (CSR)
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Wal-Mart‚ first opened in 1962 by Sam Walton in Rogers‚Arkansas‚ has become the largest retailer in the world‚ with almost 10000 store locations and approximately 2 million employees worldwide. Despite the death of Sam Walton in 1992‚ Wal-Mart continues to be successful‚ reaching record annual sales of $437 billion in 2012. Each week‚ over 100 million customers visit a Wal-Mart store. Wal-Mart Stores have stood at #1 position on Fortune ’s 500 and Global 500 lists for the year 2012 as CNN reports
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Wal-Mart’s Global Expansion Established in Arkansas in 1962 by Sam Walton‚ over the last four decades Wal-Mart has grown rapidly to become the largest retailer in the world with sales of $330 billion‚ 1.8 million associates (Wal-Mart’s term for employees)‚ and almost 7‚000 stores. Until 1991‚ Wal-Mart’s operations were confined to the United States. There it established a competitive advantage based upon a combination of efficient merchandising‚ buying power‚ and human relations policies. Among other
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world store is Wal-Mart which is founded by Sam Walton in 1962 and incorporated on October 31‚ 1969. Wal-Mart is American multinational retail corporation that operates a chain of hypermarkets‚ discount department stores‚ and grocery stores. According to Fortune Global 500 list in 2014‚ Wal-Mart is the world’s largest company by revenue and biggest private employer in the world with 2.2 million employees. As of March 31‚ 2016‚ Wal-Mart has 11‚527 stores and clubs in 28 countries. Wal-Mart remains a family-owned
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Wal-Mart Goes South Name Course Prof Date “Save money. Live better” is the slogan of the 1962 founded American multinational retailer corporation that runs chains of large discount department stores and warehouse stores around the world. Wal-Mart today is the world’s 18th largest public corporation according to Forbes Global 2011 list. In 1991 Wal-Mart opened its first stores in Mexico and the competition between the store and local supermarkets began. Wal-Mart being so large and worldwide
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Case: Wal-Mart Members of the group: Marie Wemaere Liying Shi Adolfo Mac Consultant Group F 10‚ Champs Elysees Paris‚ France Rennes‚ 15th March 2006 Board of Directors of Wal-Mart Dear Sir/Madam‚ As a consultant group hired to analyse the current situation in your company‚ we have prepared a report on the problems it is facing‚ different viable alternatives and the description of the strategy that‚ we think‚ is going to help to overcome the difficulties. Wal-Mart Stores
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common places known to everyone (Except Paris Hilton) is Wal-Mart. Last year‚ Wal-Mart had revenues of $191 billion and has 1‚283‚000 employees‚ as of 2002. Wal-Mart is the largest retail store in the United States‚ and is larger than any other retail chain in the world. Currently Wal-Mart operates over 4‚150 retail facilities globally. According to the Fortune 500 index of the wealthiest and most powerful corporations in the world‚ Wal-Mart holds the number one spot‚ ranked by its total sales. The
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Wal-Mart Strategic Development and future Becoming Wal-Mart- The Past: Overview Wal-mart was founded by sam Walton in 1962. The idea behind was to bring discount shopping stores to rural America. It grew rapidly with huge popularity. Today it has 3708 Wal-mart U. S. Units‚ 569 U.S. Sam’s Club and 4112 International units. It toppled GE and became No.1 in Fortune 500 Company list with annual revenue of 405 Billion USD and employs about 2 million associates. It has presence in multiple sectors
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