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Industrial Analysis Paper

1500 Words6 Pages

Industrial Analysis Paper Walmart Khanjanben Patel King graduate school, Monroe college Walmart is a one of the growing franchise business in all over the world and it is running by a team management leadership. It is one of the most growing corporations in USA. It has approximately 2.2 million employees. Walmart is the big name in retail industry environment. It was founded by Sam Walton in 1962 and first store was in Arkansas. Its headquarter is in Bentonville in Arkansas. Doug McMillon is the CEO of the Walmart on Feb1,2014. Walmart’s stores other than in USA is more than in 6500 locations worldwide like in Canada, Mexico, Asia, Africa, Europe and Latin America. In 2017, company’s global net sales were 481.32 billion U.S dollars. Its gross profit margin worldwide is 24.9%. The company began trading stock as a publicly held company and was listed in New York stock exchange in 1972. By 1975, it was operating in a multitude of states in USA. In 1980, Walmart continued to grow rapidly. By 1987, there were 1198 stores …show more content…

There are many other suppliers in the retail industry. Large firms like Walmart can affect these suppliers. Based on this situation, Walmart and other retail firms must consider some factors which contributes bargaining power of suppliers. (1) Gigantic population of suppliers (2) hard competition among suppliers (3) high availability of supply. - Large population of suppliers has strong impact on firms like Walmart. On the other hand, high availability of supply makes it hard for suppliers to affect retail firms. So, Walmart and other retailers face the problem of weak force of power of

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