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Who Is Walmart?

619 Words3 Pages

Company Name and relevant information.
The company that I choose was Wal-Mart. Wal-Mart is a retail giant that operates in various different formats all around the world. Within the United States alone some of the retail formats that Wal-Mart operates are: discount stores, supercenters, neighborhood markets and other small store formats. Wal-Mart also has some international presence in areas such as: Canada, Argentina, Brazil, Chile, Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua, China, India, Japan, Mexico, the UK and Africa. Wal-Mart is headquartered in Bentonville, Arkansas and employed about 2.2 million people as of January 31, 2014.
Why you selected this company for analysis.
I selected this company for analysis because I think it is such an interesting company that seems to prosper despite constantly being sued. For example according to Business Insider.com in 2000, Walmart was sued 4,851 times which is the equivalent of about once every 2 hours. So the fact that Wal-Mart manages to stay on top so well really impresses me and makes me want to continue to watch and see what happens to the company in the future. …show more content…

The operating profit of the company was $26,872 million in FY2014, a decrease of 3.1% compared to FY2013. The net profit was $16,022 million in FY2014, a decrease of 5.7% compared to FY2013. During FY2014, approximately 80% of the international segment's purchases were shipped from these distribution facilities. I also attached a full financial summary from Morning Star to this

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The company’s primary goal “To be America’s one-stop shop.” (Wal-Mart, Inc., 2017) The organizational strategy of Wal-Mart is to keep costs low and make a profit on high turnover sales, which result in volume revenue. A plan designed to dominate the retail market by way of a push to pull production model, which allowed retailers to direct manufacturer what to make or produce and at what price point. As a result, this model gave Wal-Mart a competitive advantage to control the market and offer low prices to customers.

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if you think about it, there are around 5,332 operating Wal-Marts in America. In my own opinion, I’d think that’s creating more jobs rather than losing jobs. Also, bringing in tons of customers, which are spending money thats going back into the economy. In Conclusion, Wal-Mart is good for American Economy.

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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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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.

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Many people throughout the time of the largest retailers existence have argued that the negatives outweigh the positives. I beg to disagree, there are 1.4 million people employed by Walmart. That is approximately 1.7% of the US workforce. To put that in

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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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Wal-Mart and the local economy Walmart is a corporation that wants to make as much money as they can. Walmart employees are treated unfair and make a low salary what will not support family and necessities in life. Walmart also have negative affects upon other small businesses that are located next to the Walmart’s. Most of Walmart’s employees starts at minimum wage to less than nine dollars in hour.

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According to Businessinsider.com, Walmart has over 1.4 million employees in the United States alone. That’s a lot of people who are able to bring home money to their families every day. Despite the low salary and rumors of poor treatment of staff, people need money to survive in today’s society. Working at a Walmart can be a great step for working people to get the experience they need for higher paying positions.

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The two service companies that I chose to focus my paper on Wal-Mart Stores, Inc. and Target Corporation. There two retailers are located fairly close to my living quarters. Both companies have grown and both sell almost all the same products. Within a few years ago Wlamart opened a supermarket area and not too much later so did Target. I have noticed that if you spot a Walmart rest a sure within a few miles you will find a Target.

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The annual reports (FORM 10-K) filed with the United States securities and exchange commission provide relevant information about the two firms: Wal-Mart has operations in U.S., Africa, Argentina, Brazil, Canada, Central America, Chile, China, India, Japan, Mexico, and the United Kingdom. Walmart U.S. retail with about 325 million square feet for 4,500 points of sale is the largest segment of the group contributing 62% of net sales with the highest gross profit as a percentage of net sales. The highest sale volume is expected in the quarter ending on January 31 (Wal-Mart, 2016, pp. 7-9); the fiscal year ends 31 December. Costco has operations in U.S., Puerto Rico, Canada, United Kingdom, Mexico, Japan, Australia, Spain, Taiwan, and Korea.

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I started my research at Wal-Mart, I went to all departments and looked at one item in each department and I notice that in every packaging, the majority of products are made by other countries such as Germany, Mexico, France, United Kingdom and the most them were made in China, I would say close to 70% of the products were made by China. As a matter of fact, Wal-Mart is destroying United States manufacturing jobs. The majority of Wal-Mart products sold in the United States are manufactured abroad. This company searches around the world for the least expensive merchandises possible.

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Why is Wal-Mart successful? Arguably, because they have created the industry standard in supply chain management, vendor management, IT, and job satisfaction of associates creating the largest company in America. Their vast supply chain management and IT investments have truly separated Wal-Mart from all other competitors in their industry and arguably across all industries. They are the benchmark in which all others measure them in these areas. This is truly a result of an exceptional strategy that focused on Every Day Low Prices to streamline and develop efficiencies across their models.

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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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New opportunities mainly come from power of suppliers and inter-firm rivalry. Wal-Mart should utilize its bargaining power with suppliers to lower its costs. In that way, it may provide high quality products for its consumers. It may also grow stronger and more unique through competition between firms in the same industry.

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