"Discount Store" Essays and Research Papers

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 Walmart being the largest retailer in history you can come to the agreement of it being good for the united states of america becuase of wealth, merchandise, and growth. Wal-mart stores operates more than 8,000 stores, employs more than 2.1 million people, and sells more than $400 billion of goods every year. (walmart.com) Wal-marts are huge and are everywhere and its sizes enables it to provide services that other retailers could not. it has become a part of our modern economy. Knowing that Wal-mart...

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Wal-Mart is an important decision for the company. But in the course of making that decision, they will not consider every alternative. Because Wal-Mart stores are not randomly placed, estimating Wal-Mart’s impact on labor markets without accounting for the potential endogeneity of Wal-Mart’s entry decision, both regarding the locations of Wal-Mart stores and the timing of entry, is subject to omitted variable and selection biases. Someof the other businesses in the area will benefit from larger sales...

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PESTEL Analysis of K-Mart

areas have can have tremendous affects on the success of retail companies. If the Economy is down then people don’t usually like to spend a lot of money, and this takes a toll on sales of retail businesses. In 2011 Sears and K-Mart closed over 100 stores in an effort to raise cash. According to an article in the Huffington Post, the “problem is the weak economy that is hurting virtually all retailers that cater to low- and middle-income shoppers, who are being forced to cut back on spending.3” Today...

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operations analysis

information about the company and the industry Wal-Mart Stores Inc. was started by Sam Walton in 1962 as a simple store in Rogers. The company grew drastically and by the year 1967, it had 24 stores in Arkansas earning more than 12.6 million dollars in sales. The store continued to expand and opened other stores in towns outside Arkansas like Montana, Oklahoma, Claremore, and Sikeston in 1968. The company was officially branded Wal-Mart Stores Inc. in 1969 and opened the first distribution centre in...

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Wal-Mart Item Finder Application

existing application. Executive Summary The cost effectiveness, the added customer satisfaction, and the increase of sales for previously “dud” products are enough reasons to add one more feature to the Wal-Mart application. Customers leave the stores every day and go to other large retailers to purchase products that they simply could not locate within Wal-Mart. It is frustrating to walk around, tiring yourself out, and not find the things that you need. With an added awareness of unknown products...

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Overview of the organization of Wal-Mart and goals. Are theses effective goals? How should they plan to achieve those goals?

Today, one of the most common places known to everyone (Except Paris Hilton) is Wal-Mart. Last year, Wal-Mart had revenues of $191 billion and has 1,283,000 employees, as of 2002. Wal-Mart is the largest retail store in the United States, and is larger than any other retail chain in the world. Currently Wal-Mart operates over 4,150 retail facilities globally. According to the Fortune 500 index of the wealthiest and most powerful corporations in the world, Wal-Mart holds the number one spot, ranked...

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its founder, the Kresge “five and dime store” chain, invented the concept of the discount store. The first Kmart was established in Detroit in 1962, the same year Wal-Mart opened its first store in Rogers, Arkansas. By the end of 1963 Kmart had 63 stores converted from Kresge’s.

In the following years, however, Wal-Mart expanded quickly by following a strategy of everyday low prices. Wal Mart used information technology (IT) to track sales in all its stores and to replenish its fastest selling products...

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Mgt 230 Internal & External Factors

and External Factors Stella Aybinder, Brook Erhart, Tavares Liggons, Veronica Mora, and Felicia Thompson MGT/230 May 21, 2012 Tammy Patchin Internal and External Factors Wal-Mart discount store was opened by Walton, in Rogers, Arkansas, in 1962. On October 31, 1969 the business incorporated as Wal-Mart Stores. Wal-Mart was opened with the objective of helping people save money and live better, which became Wal-Mart’s slogan: Save money. Live better. Wal-Mart has changed the way business is...

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Wal Mart Cultural Perspectives

in culture. Cultural differences influence different businesses that are operating across the globe. So as to respond to cultural difficulties, businesses have to come up with as well as implement efficient strategies. Wal-Mart Inc. is a large discount store within the U.S. that has successfully operated within the U.S. in addition to around the globe (Boeing, 2012). The company is still expanding its operations in the global scene. The international expansion of companies is prone to facing different...

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International Operations & Expanding Globally

they may encounter. This paper will discuss those challenges and ways in which to ensure a successful transition into the international market place. International Operations & Expanding Globally Wal-Mart is considered the largest retail store in the United States. It is a company that has set goals on maintaining low prices while encouraging growth and expansion. They have gone from being recognized domestically, to spreading their retail techniques into the international level. With this...

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