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.
This company uses good pricing strategies to keep consumers walking in their door and to keep profits increasing. The Wal-Mart has stayed true to its roots by continuing to offer everyday low prices. Fortunately for them, they have opened up multiple stores all over the world and are the world’s largest retail store. Wal-Mart Corporation will continue to be around for many years to come. They will continue serving the community in a positive way.
Hi Marielle! I like your SWOT analysis! I like how you stated their similarities that make them direct competitors. I do agree that Wal-Mart would be Target’s main competitor because of the similarity in target market such as low to mid income families. I would like to add that some of tWalmart’s strengths are brand recognition and convenience.
Introduction Target Corporation is one of the largest American discount retailers that offers large-scale food and general merchandise stores (Nolen, 2024). They currently have almost 2000 stores and 56 supply chain facilities in the US (Target, n.d.). Their retail location strategy is to be in neighborhoods and communities with online shopping capabilities and had a total revenue of $109 billion in 2022, with 5% of their profits being deployed back into communities (Target, n.d.). Target operates a corporate website referenced and a retail (e-commerce) website which can be accessed through https://corporate.target.com/. Discuss the tangible and intangible resources this firm has. Suggest which resources it can build and which ones it can
This would include identifying Walmart’s competitive advantage, itemizing their marketing strategy, listing their pricing and knowing their target audience. Creating a product or service which is unique to customers is another way our company could compete with Walmart. However, the merchandise should be marketed in such a manner that it makes the consumers feel the product is exclusive to our store. Larger businesses ultimately have an array of advantages over their smaller competitors. For instance Walmart has a more recognizable brand and they can easily outspend smaller businesses like ours, on marketing and advertising in order to secure that advantage.
Walmart and Target are rivals in the retail business. Both Target and Walmart have their own in-store brands, with Target’s being Up and Up and Walmart’s Great Value. Both stores also have a reputation in different aspects of their business that set them apart from each other. In addition to being one of the largest retailers in the world, Walmart is the largest supermarket around. Most people need to find reasonably affordable goods and that’s what Walmart has to offer.
In recent years, a large amount of the things you buy and need to live can all be found in your nearest Walmart: Need diapers? Walmart. Need shampoo? Walmart. Need dog food?
As can be seen in the 5 year stock chart below (Figure 5), Wal-Mart’s stock started off stronger than the Dow Jones if we compare it in 2012. Towards the rest of the year, one begins to see that percentage wise, Wal-Mart begins to flirt with the rest of the market as it enters a slight downward trend. In the beginning of 2013, the markets take off, bypassing Wal-Mart and never looking back. Comparing Wal-Mart to it’s competitors like Target and Costco in 2012, one may see that all three stocks were relatively competitive. Once they entered 2013, Costco begins to pull away from the rest of the companies because of great PR and strong numbers in inventory sales and membership registrations (The Montley Fool).
Wal-Mart is a powerful merchant business that sells food, clothing, home furnishings, electronics and other department store items. Home, business and educational are available as well. They market their product across the United States. Wal-Mart is considered an expert in generating cash flow. They have accumulated approximately $136.3 billion in cash in five years.
Wal-Mart is one of the largest retail companies in the world. The company operates retail stores in various formats worldwide. The company also offers its products through various e-commerce websites, including walmart.com and samsclub.com. Wal-Mart recorded revenues of $485,651 billion in the fiscal year ending January 2015, an increase of 2.0% compared to fiscal 2014. Its net income was $16,363 billion in fiscal 2015, compared to a net income of $16,022 billion in the preceding year.
Take Wal-Mart for an example. They are a major employer in our economic system. Likewise, our economic system, companies do not survive unless they can offer the mix of price and quality that their customers want. A company will die if its competitors can, for example, give the same quality of goods and services at a lower price.
The one company I would definitely like to work for some day would be Walmart. There are many reasons why I would like at Walmart. One reason is because I could make a lot of innovations to this company. One reason would be because you can make a lot of money with what you do. From some reviews that I read from people that worked in the corporate office people enjoyed the use of a lot of new technology, good pay, and the benefits they received.
• Wal-Mart prices are less than the other competitors. But, in some cases they need to improve the quality of its products because customers prefer low price with minimum reliable quality. • Wal-Mart helps the community, because they hiring people who need jobs for example, in 2014 Wal-Mart Company hired 2.3millon people all over the world. Wal-Mart accepts people without any experience or qualifications and gives them the minimum training to
Being one of the largest and leading retail corporations brings a lot of responsibility. Walmart can face many challenges at home and abroad in its attempt to maintain industry dominance. “The company expresses they are always trying to make their social, environmental and economic outcomes better”(Walmart, 2017). As economy changes, it becomes more important for business to be aware and focus on implementing changes as they face challenges. Walmart serves it customers by store and online.
Investors in Wal-Mart were aware of the obstacles that the giant retailer would face due to the changing consumer preferences and behaviors. However, the financial reports showcased that its online strategy was successful. At the end of the second quarter in 2017, Wal-Mart reported revenue of $123.4 billion, which was an increment of about 2.1% over the previous year quarter. There was also an increase in comparable sales by 1.8% year over year. Wal-Mart has significantly focused on structuring its online sales, while using its already well-established brick and mortar stores and excellent supply chain and logistics to its big advantage.
