An overview of Walmart

Type :

Term papers

Pages :

9 pages

Format :

.doc

Published date :

08/28/2009

Category :

Business & market

Sub category :

Business strategy

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Summary :

Case summary and facts and figures
1. Walmart
2. Discount stores
3. Super center
4. Neighborhood market
Value created by Wal-Mart
Implications to Competition
The 1 trillion target of Walmart
1. Walton's projection
Wal-Mart's practice of cross pollination
Wal-Mart's success in the United States
SWOT analysis of Wal-Mart
Conclusion

Abstract

Wal-Mart Stores, Inc. is the American corporation that operates discount department stores. In terms of revenue it happens to be the world's largest public corporation and the evaluation was made by 2008 Fortune Global 500. It was started by Sam Walton in 1962, and incorporated on October 31, 1969. In 1972 it got a position on the New York Stock Exchange. It is the single largest private employer in the U.S. along with which it is the largest grocery retailer holding an estimated 20% market share of the retail grocery and consumables business. It is also the owner and operator of the North American company, Sam's Club.

walmart:

Every day Low Price concept, (EDLP), prices are 20% to 30% less than competitors.

Required additional sales of $37 Billion each year to maintain the growth rate of 17%.

To have 17% growth in next 10 years, it should achieve a sales of $1080 Billion (1 Trillion), another $862 Billion; $758 from domestic operation and $322 Billion from International operation.

Out of total sales of $218 Billion, 4140 Billion was from Retail Division (over $62 Billion from Super center, and $60 Billion from Discount stores), $29 Billion from Sam's club, and $35 Billion from International operation.