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Who Is Wal-Mart?

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Who Is Wal-Mart?
WAL-MART 1Wal-Mart
Erik J. Kelly
Professor Mack A. Bean
Managerial Finance
Franklin Pierce University
WAL-MART 2
Chapter 1: Wal-Mart
Company Profile
A current business on the fortune 500 list is Wal-Mart. According to www.reuters.com (n. d.), Wal-Mart’s corporate headquarters is located on 702 S.W. Eighth Street in Bentonville, AR. According to www.corporate.walmart.com (n. d.), Wal-Mart operates more than 11,000 retail units under 69 banners in 27 countries and e-commerce websites in 10 countries. Each week, Wal-Mart has more than 245 million customers (www.corporate.walmart.com, n. d.). Wal-Mart employs 2.2 million associates around the world and 1.3 million in the United States alone (www.corporate.walmart.com, n. d.). In 2013, Wal-Mart ranked number one in the fortune 500 list with revenue of $469,162,000, according to www.financials.morningstar.com (n. d.).
On July 2, 1962, Sam Walton opened the first Walmart store in Rodgers, Arkansas …show more content…
d.). Everyday low pricing is the company’s pricing philosophy (www.corporate.walmart.com, n. d.). Walmart believes that through innovation, they are creating a seamless experience to let customers shop anytime and anywhere online, through mobile devices and in stores (www.corporate.walmart.com, n. d.). They are creating opportunities and brining value to customers and communities around the globe (www.corporate.walmart.com, n. d.). Innovative thinking, leadership through service, and above all, Wal-Mart’s commitment to save people money so they can live better have made Wal-Mart the business they are today (www.corporate.walmart.com, n.
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