Wal-Mart is a retail conglomerate that was created in 1962 by Sam Walton and his brother, James “Bud” Walton. (Parnell, 2008 p. 345). In Rogers, Arkansas, the brothers opened chain discount store and named it Wal-Mart Discount City. (Wal-Mart, 2018). Within 8 years, the Sam Walton launched 17 more locations (Parnell, 2008, p. 345). The company’s early strategy was to evade rivalry by focusing on introducing their stores to undersized and average sized communities, increasing store locations to 276 by 1980 and raking in billions in sales (Parnell, 2008, p. 345). Eventually, in 1983, the company opened Sam’s Wholesale Club and continued to proper. Sam Walton was known for his ostentatious style of leadership and his continual transformations within stores. Eventually, CEOs led the organization and introduced different strategies based on the state of the company during their tenures. In 2004, …show more content…
states and facilities throughout the world. Walmart and Sam’s Club stores sell groceries both for both online pickup and in person. These stores also sell services and other goods at discounted prices. In 2018, the retail giant closed 63 Sam’s Club locations in the U.S., alluding to reasons such as the locations closed were located in areas that did not grow as expected. On the same day that the store closings were announced, the company also announced plans to raise the minimum entry-level pay for employees to $11 per hour (Thomas & Wells, 2018). The company has also enhanced its corporate perks packages for employees by aiding with costs for college tuition. Walmart will subsidize college tuition for all employees who enroll in one of three institutions that it partnered with. For only a dollar a day, students may earn a business or management degree ((Corkery, 2018). The company is no longer a lonely empire with no competition. Online retailers such as Amazon.com now pose a serious threat to the future of