Wal-Mart‚ first opened in 1962 by Sam Walton in Rogers‚Arkansas‚ has become the largest retailer in the world‚ with almost 10000 store locations and approximately 2 million employees worldwide. Despite the death of Sam Walton in 1992‚ Wal-Mart continues to be successful‚ reaching record annual sales of $437 billion in 2012. Each week‚ over 100 million customers visit a Wal-Mart store. Wal-Mart Stores have stood at #1 position on Fortune ’s 500 and Global 500 lists for the year 2012 as CNN reports
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Case: Wal-Mart Members of the group: Marie Wemaere Liying Shi Adolfo Mac Consultant Group F 10‚ Champs Elysees Paris‚ France Rennes‚ 15th March 2006 Board of Directors of Wal-Mart Dear Sir/Madam‚ As a consultant group hired to analyse the current situation in your company‚ we have prepared a report on the problems it is facing‚ different viable alternatives and the description of the strategy that‚ we think‚ is going to help to overcome the difficulties. Wal-Mart Stores
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The Wal-Mart case is intended for an introductory or main course on Financial Statement Analysis. It may also be useful within a Corporate Finance/Financial Management course. After a class on financial statements and liquidity‚ profitability and solvency ratios – and some brief examples discussed by the lecturer – students should be capable of making a financial analysis of Wal-Mart. Students can be asked to make this analysis in class‚ or to prepare the case outside the classroom‚ and to present
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Thesis The first year of operation for Wal-Mart was 1962. At this time‚ Sam Walton ’s stores in Arkansas and Kansas were already facing competition from regional discount chains‚ such as K-Mart and Target. Sam traveled the country to study this radical‚ new retailing concept and was convinced it was the wave of the future. Today‚ Sam Walton has a global company with more than 1.8 million associates worldwide and nearly 6‚500 stores and wholesale clubs across 14 countries. This kind of success
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Wal-Mart Stores: Every Day Low Prices in China Why the ‘Every Day Low Price’ does not work in China? From the cost structure and supply chain management perspective: Rigorous cost control -Compared to many local competitors‚ Wal-Mart is subject to a number of unfavorable fees and charges. Transportation cost is high as import makes up a large proportion of inventory. Opening stores in prime location also increases land and rent lost. The undercapacity of distribution centres also contribute
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Contents Introduction Wal-Mart’s Ranking & Response to Various Stakeholders Wal-Mart’s Recent Number of Ethical Issues in the News Improved Ethical Culture & Positive Response to Stakeholders What are the relevant Facts? What are the Ethical Issues? a) Female Employees b) Disabled Employees c) Illegal Immigrants d) Low Benefits e) Working Conditions f) Ethical Leadership Issues g) Environmental Stakeholders What are the Primary Stakeholders 1) The Stockholders 2) The Wal-Mart Executives 3) The Employees
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strategies of Carrefour and Wal-Mart in the Chinese market A recent article (Liu Jie‚ 2008) revealed that restrictions on business numbers‚ geographical positions and stockholders have been gradually diminished‚ which can be regarded as a supplement to promises to WTO. As a consequence of market liberalization‚ foreign retailers have gained rights to compete with domestic companies in Chinese market. Over recent years‚ Chinese market has appealed the booming entry to external retail chains and has become
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reduce number of employees‚ what can cause savings of about $100 million. Comparing to Wal-Mart‚ Albertsons will try to move ahead using more technology each day‚ right now they try to be at the same level using RFID system‚ and they got plans to provide the cashier free system of shopping‚ where the products will be scanned through special gate and the payment will be make via credit card. Right now‚ Wal-Mart has got better results of sales‚ and has got steady growth‚ while Albertsons now is reducing
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The retail giant Wal-Mart is based in Bentonville‚ Arkansas and it was founded by the late Sam Walton (1918 – 1992). In the mid 60s Sam Walton was looking at technology to use IBM mainframes to store inventory data (Wallgum‚ p.1‚ 2010). “Wal-Mart Stores Inc. built an inventory and supply chain management system that changed the face of business” (Helen‚ p. 38‚ 2002). Beginning his career in the mid 40s Sam Walton knew the importance of meeting customer’s needs and this ideology remains today. According
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Economic Analysis of external factors: ..................................................................................................... 3 Neutralizing External Factors .................................................................................................................... 6 Conclusion ................................................................................................................................................. 6 2 Introduction: There are many factors that affect
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