Walmart

Case Wal-Mart Stores, Inc.: On Becoming the Worlds Largest Company (2002) I. strip ABSTRACT Wal-Mart Stores, Inc., in 2002, with corporate headquarters in Bentonville, Arkansas, was not notwithstanding the nations largest discount department store chain, but also had surpassed Sears, Roebuck & Company as the largest retail organization in gross gross revenue volume in the United States. It was also considered the largest retailer in the world. The firm operated stores under a variety of names and retail formats including: Wal-Mart, discount department stores; SAMS Clubs, wholesale and retail rank w atomic number 18houses; Neighborhood Markets, small grocery/drug store formats; and Supercenters, large combination general merchandise and grocery stores. In the foreign family, it operated stores in Canada, Mexico, Argentina, Brazil, Germany, United Kingdom, Puerto Rico, South Korea, and China. The McLane Company, a support division with over 36,000 customers, was the nations largest distributor of food and merchandise to gizmo store and selected Wal-Marts, SAMS Clubs, and Supercenters. Sales for the year ending January 31, 2002 were around $218 billion, making Wal-Mart Stores, Inc. the largest company in the world as measurable by annual revenue.

A major concern was Wal-Marts spectacular emergence and the dominance of the firm in the market. The firm was comprehend to be in the accelerated development or growth stage of the institutional life cycle in which sales are increasing rapidly, profits are high, new stores are beingness opened, existing stores are being refurbished, the product overseas telegram is being reevaluated, service offerings are being upgraded, automation is being introduced to store operation, and better management controls are being developed. What makes this federal agency unique is that the discount department store industry was sensed as being at maturity. The industry faced change magnitude competition, leveling of sales, moderate profits by surviving firms,... If you essential to get a full essay, order it on our website: Orderessay

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