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Walmart The Main Street Merchant Of Doom

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Wal-Mart Stores Inc. is a private employer of millions of people around the world. They are also a fortune 500 companies globally. Corporate offices are located in Bentonville, Arkansas, but Wal-Mart is a global company with different factions. The factions include Wal-Mart Inc., Wal-Mart U.S., Wal-Mart International, Sam’s Club, and Wal-Mart ecommerce. Each one of these factions has a President and CEO with a multitude of other employees under them. Wal-Mart is at the top of every financial list when it comes to profit. They generate so much revenue globally that they have to embed Corporate Social Responsibility (CSR) into their business strategy; otherwise, they wouldn’t be able to operate at the level they operate at. Furthermore, if CSR is not a big part of their business strategy it would be interesting to research how Wal-Mart is able to command such a strong presence worldwide without backlash. Creating that many jobs and revenue does not come with some kind of negativity and Wal-Mart has had its fair share of negative press. Most of Wal-Mart’s legal issues get resolved, ignored or are still in the …show more content…

In 2015 they hit their highest mark and their stock rose to $89.45 per share. Wal-Mart hasn’t always enjoyed high marks when it comes to stock prices, which was proven in November 2015 when their stock hit a low mark of $56.43 per share. In 2012 there was a bribery scandal in Mexico that could have preceded and influenced this low stock price. Wal-Mart stock has proven to be very steady over the last few years and as now they stand at $74.84 per share. As far as revenue Wal-Mart has hovered around the hundred million mark in gross profit. Wal-Mart profit has not been seen since the success of General Motors within the business world. “The quantitative dimensions are staggering: annual sales of over $300 billion, 5,000 stores, and 1.5 million employees worldwide” (O’Gorman,

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Wal-Mart increased standards of wages and benefits throughout the United States economy. In agreement Americans cannot live on a Wal-Mart paycheck. The company it is the dominant employer and what the company is paying will be

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The Truth about Walmart Being the world’s fourth largest retailer Walmart still keeps growing, and Walmart CEO earns $1,034 more per year than the average Walmart worker (Kavoussi). Karen Olsson’s article “Up Against Walmart” suggest that the growth of Walmart does not help an individual due to many job problems that are present this is important because it can affect the future of the workers. The problem and the effect in Sebastian Mallaby’s article “Progressive Walmart. Really,” suggests that Walmart helps overcome all the negative criticism of a job company. On the controversy despite their different viewpoints, both articles mention minority discrimination, corporate abuses, and health care.

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Some people may wonder how, with such low prices, Wal-Mart can sustain such a large profit margin. Well according to Jim Hightower, that answer lies within Wal-Mart’s workforce. Hightower believes that Wal-Mart is tricking its workers into thinking they are, “one big, happy family,” when in reality those workers are being exploited. According to Jim, Wal-Mart is diverting their workers from the actual issues such as, “fair wages, hiring discrimination, or unionization.” This is backed up in the 2004 documentary aired by PBS called, “Is Wal-Mart Good for America?”

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Wal-Mart is good because it produces products for consumers to buy at a low price. The low prices help people that can’t afford high price products to be able to buy what they need. Wal-Mart is probably the widest and strongest company in the U.S. business history. They have a great economy and they are the most admired company. Can you believe that Wal-Mart is the first company on the planet to report one quarter of a trillion dollars in sales $256 billion?

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Walmart was founded in the summer of 1962 by Kingfisher, Oklahoma native Sam Walton. Although Walton’s original vision for the store was relatively modest, the half century since its founding has seen Walmart morph into one of the biggest companies in the world. Today headed by one Doug McMillon, Walmart boasts more than 5000 stores in the United States of America alone and employs more than 1.5 million people. Walmart is undoubtedly an American institution, yet each Walmart store feels like its own little country. Walmart seems to have its own laws and customs and the people who shop their on a regular basis appear almost primitive in their behavior as they go about raiding the store’s shelves and wrestling with fellow customers for discount flat screen televisions and bulk packages of two-ply toilet paper.

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They gain so much money and keep it to themselves, yet minimum wage is at $9 in the state of Texas. They are also wrongfully mistreating employees to the point of forcing them to quit their jobs. Sam Walton (the creator of Wal-Mart), would be so disappointed with the new way corporate has been treating their associates and customers.

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Walmart is known to put other stores out of business and left unheard of. While this may be good for them, this is bad for those employees who work or those businesses. These people use these jobs to take care of their families, and Walmart is taking that opportunity away by trying to compete for the areas customers. Ethan Wolff-man stated “A 44-year-old grocery store in North Carolina saw a 30% sales drop immediately when a nearby Walmart opened a couple of years ago, according to a Bloomberg News story. Whenever the mom-and-pop supermarket cut prices, the Walmart would match or undercut them.

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Walmart is one of the biggest corporaations in America. They sell pretty much everything! Whether is TV's, clothing, food, house accessories, furniture, you name it, they got it. Everytime I walk into a Walmart, it's always full with customers theres never a time where its empty. How ever, their amazing sales is what catches the citizens attencion.

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If you’ve ever wondered how America is so rich, you should consider Walmart as a factor. Walmart is one of America’s largest retail companies that operates by selling discounted groceries, electronics, clothing, and many other valuable goods. Sam Walton, the founder of Walmart, opened the first store in 1962 in Rogers, Arkansas. Five years after the corporation opened only 24 stores existed, however, there are now 11,700 stores that spreads across 28 countries. Sam’s purpose of Walmart was to change the face of retail, in which he expanded the format by adding merchants such Sam’s Club and Neighborhood Walmart’s.

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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.

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Walmart is a powerful entity with a whole host of allegations past and proven and pending. The consumer sees one side of the Walmart business and the employees and vendors see a whole other side. To the consumer =, Walmart presents itself as a money saver with the lowest prices and price matching. This makes consumers very happy to know they are saving money, time, and gas. By shopping under one roof.

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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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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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Walmart, is an American multi-billion dollar low-cost retail organization that operates a chain of hypermarkets, discount department stores and grocery stores (Walmart, 2016). It also known as a multinational retail corporation, which started small, with the simple idea of selling more for less as a single discount store, has grown over the last 50 years into today’s largest retailer of the world (Our Story- About Us, 2016). According to Wikipedia (2016), Walmart is a family-owned business company, founded by Sam Walton in 1962 and incorporated on October 31, 1969. Headquartered in Bentonville, Arkansas, that organized under four divisions: Walmart U.S., Walmart International, Sam's Club and Global e-Commerce.

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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.

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