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Annotated Bibliography

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Yijie Cheng (1000393530) Wenbin Wu (999241752) Annotated Bibliography Basker, Emek. (2007). The Causes and Consequences of Wal-Mart's Growth. Journal of Economic Perspectives, 21(3): 177-198. This article discusses the competitive advantages of Wal-Mart and its impact on the local and global economy. Wal-Mart’s early investment helps itself gain the competitive advantages, which not only allows Wal-Mart to gain bargaining power, but also enables Wal-Mart to have an advantage over its competitors. In addition, Basker also states that Wal-Mart has a large influence on retail industry because its growth limits the profitability of other retail stores, especially the small one. We find this article useful because much of the content can be easily …show more content…

(2016). Factiva Company Report Wal-Mart Stores, Inc. Retrieved March 14, 2016, from Factiva database. Factiva database provides specific financial performance information of Wal-Mart Stores, Inc., such as balance sheet, cash flow, and income statement. By measuring financial statements, such as key financial ratios, it is easy for us to analysis Wal-Mart’s performance over years. Sometimes, the effect of strategic decisions will be reflected by financial reports. Fishman, C. (2006). The Wal-Mart Effect and a Decent Society: Who Knew Shopping Was So Important?. Academy Of Management Perspectives, 20(3), 6-25. doi:10.5465/AMP.2006.21903477 This article talks about “Walmart effect” in different aspects. The Wal-Mart effect means when Wal-Mart opens a new store, the local businesses will feel the impact and pressure. Therefore, Wal-Mart needs to figure out how to reduce the impact and there is a lot of strategy involved in this topic. We are going to use the strategies that Walmart uses and analyze why Walmart does it in order to figure out the reason why Walmart can be the largest company in the …show more content…

We are going to use these data to analyze how Walmart can sell products at lower prices even in a competitive market. This is very meaningful to the result we are looking for. Most of the articles talk about Walmart’s strategy using words, but this one used data as evidence, which is more convincing. Jantzen, R., Pescatrice, D., & Braunstein, A. (2009). Wal-Mart and the US Economy. Eastern Economic Journal Eastern Econ J, 35(3), 297-308. Retrieved March 13, 2016. This article tries to figure out whether there is any long-run relationship between Walmart and US economy. It is not directly connected to strategies or management, but if we can find out why Walmart has relationship with US economy, we can use the logic backwardly to find out what characteristics Walmart must have to maintain the relationship with US economy. Since Walmart is an American company, the relationship between Walmart and US economy is very meaningful. Therefore, we are going to analyze the features that Walmart has according to this article. Morillo, Juan, Callie McNally and Walter E. Block. (2015). The Real Walmart. Business

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In the recent years Walmart has been far our performing its top two competitors; Costco and Target. With a market cap of 212,195,024, Walmart had beaten its competitors who remain at 65,969,279 for Costco and 43,701,237 Target (NASDAQ, Competitors). This means that for Walmart, the total market of all of their goods and services far surpasses its top two market competitors. As investors, you may ask why Costco is second to Walmart’s regarding sales. Well when we take a closer look, we see that “Walmart’s treatment of its customers and employees has not always been then best.

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"Is Wal-Mart Good for America?" gives a provocative examination of the effect Wal-Mart has had on the U.S. economy. The documentary highlights the changing connection amongst makers and the purported "big box" retailers, exemplified by Wal-Mart, that has added to the insolvency of some American organizations and a developing unemployment rate. While Wal-Mart supporters tout the upsides of one-stop, ease shopping, others are frightened at both the outsourcing that has made these low costs conceivable and how extensive retailers influence littler, neighborhood organizations. Cutting edge inspects the champs and the failures as it archives how: Worldwide retailers are superceding makers in settling on choices about item quality, sort and cost.

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This video brought more insight on an economic perspective when it comes to Wal-Mart. Up until now, my knowledge has admittedly come from the vast cloud of Netflix documentaries. Which tend to show a much more empathetic, personal or sociological perspective of the inner happenings of the giant company. No matter what I am watching, the theme remains the same with Wal-Mart, economic gains for those able to supply mass quantities for the demands as retailers are “urged” to ramp up production, supply Wal-Mart and ship to America from places like China. Some of what surprises me most in “Is Wal-Mart Good for America,” is how one company has managed to single handedly create a global retail and economic trade model for an entire generation.

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Wal-Mart is known as the largest retailer in the world. As a matter of fact, Wal-Mart is successful because of their everyday low prices (Reuters, 2016) According to Reuters, Wal-Mart operates in three segments (2016). The first segment is Wal-Mart U.S., which has “six strategic merchandise units across several store formats, including supercenters, neighborhood markets, discount stores, Walmart.com, and other small store formats” (2016, para. 2). Next, is Wal-Mart International, which has “various formats, such as hypermarkets, supercenters, cash and carry, digital retail, and etc.”

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This debate focuses on the importance of Walmart for the families and the economy of America. Richard Vedder and John Tierney were for the debate while Amy Traub and Nelson Lichtenstien are against it. In Richard’s opening statement, he praises Walmart and clear the poverty issues Walmart solves in the opening statement. Tierney addresses that Walmart saves and redistributes money from developed to developing countries. He touches on saying that many trial lawyers and unions target Walmart.

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Previous academic research on the expansion of dominant retailers such as Wal-Mart has examined implications for incumbent retailers, consumers, and the local community. Little is known, however, about Wal-Mart's influence on suppliers' performance. Manufacturers suggest that Wal-Mart uses its power to squeeze their profits. In this article, the authors study the validity of this claim. They investigate the underlying mechanisms that may cause changes in

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Although Walmart displays less prevalence in the city of Saint Louis, Saint Louis harbors a multitude of Walmarts. Further investigating Walmart’s activities and presence in Saint Louis, there appears to be many double edge swords regarding whether the store has a positive or negative

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By 1990, Walmart was the nation's number-one retailer. As the Walmart Supercenter redefined convenience and one-stop shopping, their signature “Every Day Low Prices” went international. As Walmart quickly became the world's largest corporation, many people worried about the effect of their stores on local communities, particularly

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Mid-Term Exam Your Mele P Tuifua American Public University (Charles Town, West Virginia) Abstract This paper analyzes and compares the companies Walmart and Amazon. After explaining a brief overview of each company, we will look at how Walmart stays profitable by having a good relationship with suppliers, and how they keep their competitive position in the global market.

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‘Is Wal-Mart Good for America?’ On PBS Frontline, May 11, 2015 ‘Is Wal-Mart Good for America?’ is a documentary that examines the relationship between Wal-Mart’s rapid growth and its impact on the US economy ever since it blossomed in trade productivity in the mid 20th century. The documentary, published on February 2014 by PBS Frontline, conveys a deep understanding of how Wal-Mart changed the living standards of many Americans and took consumerism and retail logistics in the U.S. to another level; by cutting costs through offshore outsourcing to China and employing cheap Chinese labor. The documentary focuses on the changing relationship between big retailers and manufacturers and the transition in pricing and decision-making.

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I. Introduction Walmart Stores, Inc. - the American corporation which was established in 1962, is well-know for the globe’s largest multinational retailer (Walmart 2016). Walmart owns a chain of grocery stores, discount department stores and hypermarkets with about 11,500 retail stores over 28 countries. In 1998, Walmart entered Germany with the acquisition of Wertkauf and Interspar chain (Louisa 2006). Despite having the strongest economy in Europe and the third largest retail market in the world, Germany was not an ideal place for Walmart to achieve its ambition (Knorr and Andt 2003). After nearly a decade struggling to grow, Walmart decided to pull out of German market in 2006 with the loss of one billion dollars (Mark 2006).

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The company "Walmart" is one of the most influential companies in the retail trade. For over 10 years it became the largest chain of retail supermarkets in the United States. In addition, the position of Wal-Mart are strong and in other countries. "Walmart", since its foundation, pursues a strategy of low prices. This is the strategy through which it can offer products cheaper than other competitors.

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Furthermore, this paper will discuss some proposed solutions to the current ethical issues facing Walmart that could assist Walmart in its objective of continued growth in an ethical and sustainable manner. One of the major ways in which Walmart was able to grow and out compete its rivals was through its ability to provide retail goods to consumers at prices lower than competitors (Ferrell 407). Walmart ability to keep prices low is based on its ability to secure cheaply made goods from foreign manufacturers while also keeping the wages for its workforce low. The combination of cheaply made goods and a low paid retail staff means that Walmart can pass the savings to consumers which made it a popular retail shopping spot for lower to middle income Americans

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According to Wal-Mart Stores, Inc. SWOT Analysis. (2016) “Wal-Mart is the largest retailer in the world. The company was featured among the top three largest corporations in the US, as well as among the top three world 's largest corporations in the rankings released by a business magazine in 2015”. The growth rate, poverty rate and employment rate, inflation rate and income distribution also affect the growth strategy of Wal-Mart in a significant way. Wal-Mart and other retail chains are also affected by these changes of economic recession External

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Wal-Mart is a powerful and influential grocery store in America and even in the world. It has a good reputation in terms of convenience, variety and good value for money. The greatest strengths of Wal-Mart are “the consumer understanding of low prices, their market clout, their competence in information technology, and their wide store and distribution network” (Internal Analysis of Wal-Mart 2015). The company has built good reputation among consumers during several decades’

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