Preview

Target Case Study

Powerful Essays
Open Document
Open Document
1639 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Target Case Study
Name: Thuy Nguyen
Date: 03/10/2013
Class: ACFN 310
RESEARCH ABOUT WALMART In 1945, Sam Walton opened his first grocery store. And then, in 1962, he founded the Wal-Mart at cheap prices located in Rogers, Arkansas. In 2012, Wal-Mart’s sales increased 5.9% or $ 443.9 billion over the same period last year (1). By saving money for over million people, Walmart becomes the first company in the world about saving. The question is “why?” that is because Walmart always find the best way to cutting-edge technology to track how people shop, even cut down the price, Walmart never cuts down the good of items, and always deliver as good as they can. Walmart recently held a ceremony to celebrate 50 years of helping customers save money and have a better life. Almost 50 years have passed, but Walmart has always been the first choice of all classes of customers, because Walmart ensuring them one thing that all customers will be unable to earn a safe shopping can save money as Walmart. The first part introduces the profile you know about Walmart. The next section I will go into the ratios and guide you how to calculate the ratios through statistics of Walmart. First, I will mention about liquidity ratio and I will take out current ratio. Current ratio is calculated by, to find the current asset and current liabilities; you need to look at the balance sheet. This ratio let you know that current liabilities are covered by those assets and it is expected to convert to cash in future. Second, let look at asset management and take inventory turnover to be the sample for this ratio. The calculation is. This shows you how many times the particular asset is turned over. Third, we will get to know the riskless is debt management; this ratio is calculated by. This gives us the knowledge percentage about debt of company; does that company borrow lot money? Fourth, it will be profitability and operating profit will representative for this ratio with equation. This ratio means earn


Cited: Duke, Michael. "To our shareholders, associates and customers." N.p., Online Posting to https://twitter.com/walmart. Web. 18 Mar. 2013. <http://www.walmartstores.com/sites/annual- report/2012/CEOletter.aspx>. Wikipedia, . "Financial ratio." Financial_ratio#Ratios, Web. 18 Mar. 2013. <http://en.wikipedia.org/wiki/Financial_ratio#Ratios>. Forbes, . "WAL MART STORES INC (NYSE: WMT)." FinancialIndustrial.jsp?tkr=wmt&period=qtr, Web. 18 Mar. 2013. <http://finapps.forbes.com/finapps/jsp/finance/compinfo/FinancialIndustrial.jsp?tkr=wmt&period=qtr >. Stock, Analysis. "Wal-Mart Stores Inc. (WMT)." Wal-Mart-Stores-Inc#Financial-Statements, Web. 18 Mar. 2013. <http://www.stock-analysis-on.net/NYSE/Company/Wal-Mart-Stores-Inc#Financial- Statements>. Yahoo, Finance. "Target Corp. (TGT) -NYSE." is?s=TGT+Income+Statement&annual, Web. 18 Mar. 2013. <http://finance.yahoo.com/q/is?s=TGT+Income+Statement&annual>. Bloomberg, Businessweek. "Wal-Mart Stores Inc (WMT:New York)." financials/ratios.asp?ticker=WMT, Web. 18 Mar. 2013. <http://investing.businessweek.com/research/stocks/financials/ratios.asp?ticker=WMT>. ADVFN, . "Wal Mart Stores." p.php?pid=financials&symbol=NYSE%3AWMT, Web. 18 Mar. 2013. <http://www.advfn.com/p.php?pid=financials&symbol=NYSE%3AWMT>. Walmart, . "Historical Price Lookup." historical-price-lookup, Web. 18 Mar. 2013. <http://stock.walmart.com/stock-information/historical-price-lookup>.
Continue Reading
View Writing Issues

You May Also Find These Documents Helpful

  • Good Essays

    BUS 570 Cherie Parker Case Study Wk 3
    • 2954 Words
    • 10 Pages

    BUS 570 Cherie Parker Case Study Wk 3

    Sam Walton opened his first store in the 1960’s among a small town in Arkansas. As a known supporter of American manufacturers, Sam Walton promoted American business and economic growth. Throughout the years, the company expanded rapidly, and with the passing of Wal-Mart’s original founder the corporation’s ethics declined. The retail chain we all know of today is not the same as it once had been. Wal-Mart went from a local competitor to the monopolized money hungry corporation that is currently spread across the globe. According to research by the United Food and Commercial Workers International Union, there were over “4,300 world-wide Wal-Mart and Sam 's Club stores” in the year 2003. A documentary titled “Wal-Mart Nation” also states that “Wal-Mart opens a new store every 1.5 days” (Munger). The corporation also shifted their use of American manufacturers to foreign producers along with company expansion.…

    • 2954 Words
    • 10 Pages
    Good Essays
    Read More
  • Good Essays

    Mgt/521 Management
    • 916 Words
    • 4 Pages

    Mgt/521 Management

    The company that is listed as number one on the Fortune 500 list is Wal-Mart. This company has much strength that makes it very interesting for investment. Wal-Mart was founded by Sam Walton in the 1950’s and faced competition among many regional discount stores. In 1962 Wal-Mart officially began with its first store in Rogers, Arkansas. Wal-Mart now has over 600 discount stores in the United States and stores located in 28 countries. No matter the size of the company its purpose has not changed over the years. Mr. Sam Walton said, “If we work together, we’ll lower the cost of living for everyone... we’ll give the world an opportunity to see what it’s like to save and have a better life.”(1)…

    • 916 Words
    • 4 Pages
    Good Essays
    Read More
  • Good Essays

    Mgt 230 Internal & External Factors
    • 1305 Words
    • 6 Pages

    Mgt 230 Internal & 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 conducted worldwide by making a significant impact on the retail industry. Through careful study of the precedence set by Wal-Mart management, we can observe how the organization utilizes external and internal factors to affect the four functions of management: organizing, planning, leading, and controlling. A few of the internal and external factors which Wal-Mart has excelled in applying the four functions of management are globalization, technology, innovation, diversity, and ethics.…

    • 1305 Words
    • 6 Pages
    Good Essays
    Read More
  • Satisfactory Essays

    Target Corporation Case Study
    • 443 Words
    • 2 Pages

    Target Corporation Case Study

    Since 2008 Target Corporation has been implementing solutions to cut expenses without losing the integrity of the “Target Brand” (https://corporate.target.com/about/history/Target-through-the-years ). While testing the solutions each year expectations increase to improve sales per individual store. Implementing correct price changes daily is a multi-billion dollar problem for corporations (Stross, R., 2013). The recession of 2008 unveiled the need to do more with less and refocused Target’s efforts on decreasing one of their highest expenses, payroll. I…

    • 443 Words
    • 2 Pages
    Satisfactory Essays
    Read More
  • Good Essays

    Mara 466 Wal-Mart
    • 832 Words
    • 4 Pages

    Mara 466 Wal-Mart

    In the modern era of business operations the store founded by the Walton family in Bentonville Arkansas has grown into the largest company in the world. From its small beginnings it has grown into the behemoth of the retail industry and defined the new way of doing business worldwide. Wal-Mart’s continued success can be contributed to their business plan, distribution system, HR management, product diversity, price, and negotiating power with manufacturers. They have essentially written their own playbook on how to maximize the profitability of every store, every product and every worker.…

    • 832 Words
    • 4 Pages
    Good Essays
    Read More
  • Good Essays

    Target Corporation Case Study
    • 232 Words
    • 1 Page

    Target Corporation Case Study

    One of the goals common to all businesses is to make profits. According to Höppel (2015), businesses employ different strategies with the main aim of making profits. While some prefer to place high prices on their goods to acquire a lot of profit quickly, others place reasonable prices on their goods which accumulate profit through attracting more consumers. However, the latter method often attracts many consumers and besides acquiring profits, their stock is always in demand. This paper aims at examining Target Corporation to scrutinize its operations overview, revenue composition as well as the relevant information regarding its investors.…

    • 232 Words
    • 1 Page
    Good Essays
    Read More
  • Satisfactory Essays

    Target Corporation Case Study
    • 167 Words
    • 1 Page

    Target Corporation Case Study

    Target Corporation denoted themselves as the most trendy and fashionable retailers that provides customer with high quality product at an affordable price. Their main target customers are the women working in multinationals that accounts for about 93% of the total population with the age group of 35-40 and with the income of $63K. The company also targets young individuals of the age group 18-25 who successfully completed their college degree and accounts for about 51% of the population. Target usually focus on those people who are not a regular customer of its rivals K-Mart or Wal Mart. Target can undoubtedly gain some of its market share from various departmental stores at an affordable rates. The company offers various kinds of reward points…

    • 167 Words
    • 1 Page
    Satisfactory Essays
    Read More
  • Good Essays

    Wal-Mart Research Paper
    • 700 Words
    • 3 Pages

    Wal-Mart Research Paper

    The first Wal-Mart store was opened on July 2nd 1962 in Rogers, Arkansas by Sam Walton, who believed that the future of retailing lay in discounting. To avoid competing head on with companies like Sears and Woolworths which dominated big cities, Walton opened stores in less populated areas that was ignored by other retailers. The stores aimed to serve customers who, up until then, had to travel long distances to save money, and to purchase daily household goods. Now they could buy the same goods cheaply at home. This positioning proved to be critical to Wal-Mart’s success in the years to come as it expanded underneath its competitors radar screens to earn substantial market size. (Farhoomand, 2005)…

    • 700 Words
    • 3 Pages
    Good Essays
    Read More
  • Good Essays

    Target Canada Case Study Essay
    • 507 Words
    • 3 Pages

    Target Canada Case Study Essay

    For Target Canada, supply chain is the bottle neck in its operation system. There are two choices, the first one is to change supply chain system to the one used in U.S. segments, the second one is to improve current supply chain system. Obviously, based on the cost on previous supply chain, such as renovation cost and facility rent, it is better to improve current supply chain system. To be specific, the major problem of current system is “data inconsistencies between the goods and the data system, which created major delays”, the new system should focus on data management. Firstly, this system should improve data tracing, so that Target could know where the data error comes from. For example, as for order quantities, it would be better if Target aggregate the quantities at vendor level instead of at DC levels. Secondly, Target need to build some smaller distribution centers that take charge of unexpected supply chain problems, these problem…

    • 507 Words
    • 3 Pages
    Good Essays
    Read More
  • Powerful Essays

    Week 5 Final Paper Financial Statemen
    • 1143 Words
    • 12 Pages

    Week 5 Final Paper Financial Statemen

    Walmart’s vision, through Sam Walton, to help customers “save money and live better” began in 1962 in Rogers, Arkansas. It was the desire of Sam Walton to offer “great value and great customer service”. (www.corporate.walmart.com). At the age of 44 Sam Walton opened the first Walmart store after being inspired with his store, Walton’s 5 and 10. (www.corporate.walmart.com) Walmart, with more than 11,000 stores in 27 countries is the largest company in the discount store sector. Walmart went public in 1972 with the symbol WMT listed on the NYSE. Walmart is in the discount retail industry offering everything from food to clothing, electronics to car service, etc. Walmart’s competitors include Target, Dollar General and Costco. For 2014, it appears that Walmart has its work cut out for them with the increase of Dollar General stores. “Over those last five years, Wal-Mart has managed 3.3% annualized revenue growth. Compare that to the near 11% annualized growth that one of Wal-Mart 's biggest competitors, Dollar General (NYSE: DG )” (http://www.fool.com) Target is struggling as well as their to open in the Canadian market did not go through. ”Luckily for Wal-Mart, its chief competitor Target is also struggling. Target has been facing slightly different issues, however. Target mainly operates as a North American retailer,…

    • 1143 Words
    • 12 Pages
    Powerful Essays
    Read More
  • Powerful Essays

    Wal-Mart Research Paper
    • 1621 Words
    • 7 Pages

    Wal-Mart Research Paper

    More than 40 years ago, the birth of a retailing phenomenon took place in America. Discount stores, such as Kmart and Target, offered a new concept for consumers that swept the nation. The owner of one tiny chain of discount stores made the decision to research this new concept to improve his own business and surpass competitors. Sam Walton saw the future of American consumerism shifting towards a different kind of store; one that would allow its customers to simultaneously purchase products at the lowest possible prices and search though a wide variety of quality merchandise.…

    • 1621 Words
    • 7 Pages
    Powerful Essays
    Read More
  • Good Essays

    Is Walmart Good or Bad
    • 432 Words
    • 2 Pages

    Is Walmart Good or Bad

    On May 9, 1950 Sam Walton opened Walton's 5&10 store in Bentonville, Arkansas. His idea of making a profit was very different than many others. He made sale prices lower than his competitors, thus reducing the store's profit margin. In the mid 60's Walton's changed the name of the 5 & 10 store as Wal-Mart permanently. By 1980 Wal-Mart was a billion dollar company with stores operating across 28 states. To this day, the company is still run by Sam Walton’s idea of low cost items being sold in a very high volume. Currently Wal-Mart is the one of the biggest corporations in the entire country. Maybe people believe Wal-Mart is actually hurting the consumers of America, with its low prices and imported products. Some of this may be true, but Wal-Mart offers many more positives toward the country than negatives.…

    • 432 Words
    • 2 Pages
    Good Essays
    Read More
  • Powerful Essays

    Financial Outcomes Paper
    • 1645 Words
    • 7 Pages

    Financial Outcomes Paper

    This means that Walmart has financed more than half of its assets with debt. This is a high ratio, thus Walmart’s degree or indebtedness as well as its financial leverage is greater. Another debt ratio is the Times interest earned ratio which is earnings before interest and taxes / interest. The times interest earned ratio for Wal-Mart is $18,435,000 / $1,900,000 = 9.7. This looks good for Wal-Mart because a times interest earned ratio of 3 is decent and 5 is good.…

    • 1645 Words
    • 7 Pages
    Powerful Essays
    Read More
  • Powerful Essays

    Walmart Case Study: Half a Century of Supply Chain Management
    • 3997 Words
    • 15 Pages

    Walmart Case Study: Half a Century of Supply Chain Management

    Sam Walton opened the firs Walmart in 1962 in Rogers, Arkansas with the foundation being that it would offer “The Lowest Prices Anytime, Anywhere” (Walmart Corporate, 2014c), and by 1967 it had over 24 stores and $12.7 million in sales. By 1969, the company was officially incorporated and offered an initial public offering to raise funds to build a distribution center in Bentonville, Arkansas (Johnson & Mark, 2013, p. 3).…

    • 3997 Words
    • 15 Pages
    Powerful Essays
    Read More
  • Good Essays

    Wal-Mart Market Structure
    • 971 Words
    • 3 Pages

    Wal-Mart Market Structure

    When Wal-Mart Stores Inc. opened its doors to their first discount store in 1962, Sam Walton had no idea his business would take off like it has to this day. The reason for Wal-Mart's success has been their ability to create a basic structure for their very own business ecosystem. Wal-Mart came to the conclusion that if they offered a variety of well-known brands and sold them about 15% cheaper than other retailers, then this would make them a powerful force in the retail business.…

    • 971 Words
    • 3 Pages
    Good Essays
    Read More

Related Topics