...com. It offers hard-goods, soft-goods, software, electronics, jewelry, sporting goods, toys, tires, stationery and books, institutional-size grocery items, and selected private labels. The International segment operates 6,288 various retail formats in countries to include Argentina, Brazil, Canada, Germany, Mexico, Puerto Rico, South Korea, and the United Kingdom. This segment operated 261 Canadian Wal-Mart stores and SAM's Clubs, 11 units in Argentina, 150 units in Brazil, 88 units in Germany, 16 units in South Korea, 697 units in Mexico, 54 units in Puerto Rico, and 292 units in the United Kingdom, as well as 48 units in China under joint venture agreements. The company was incorporated in 1969 and is based in Bentonville, Arkansas. Walmart employs 2.2 million...
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...Wal-Mart Financial Analysis Wal-Mart, also famously known as “Wally-World”, is said to serve at a rate of about 200 million times per week at more than 9,029 retail units under 60 different banners in 15 countries. Wal-Mart currently employees an estimated 2.1 million associates worldwide and continues to grow. A leader in sustainability, corporate patronage and employment opportunity, Wal-Mart ranked in the top ten among retailers in Fortune Magazine’s 2010 Most Admired Companies survey. [ (About Us, 2010) ] In 2010, Wal-Mart was named the largest public corporation by revenue. The company was founded by Sam Walton in 1962. Wal-Mart is headquartered in Bentonville, Arkansas, they are also known as the largest grocery retailer in the U. S. Internationally, Wal-Mart operates under different names. Mexico as Walmex, United Kingdom as Asda, Japan as Seiyu, and India as Best Price. Wal-Mart has high-volume relationships with several companies whose success depends on its association with the retailer. For instance, twenty-eight percent of Dial Corporation’s business comes from its affiliation with Wal-Mart. Other large suppliers include Revlon, Proctor & Gamble, Kraft Foods, General Mills and Kellogg’s. These companies sell more than twelve percent of its product through Wal-Mart. [ (Adam, 2008) ] Wal-Mart’s ultimately goal is to keep prices low and the customers satisfied, and it expects their suppliers to do the same. The push for low prices has caused affects on a global...
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...On July 2, 1962, in Rogers, Arkansas, Sam Walton opened the first Wal-Mart discount store. Sam Walton’s vision was to have the lowest price for the consumers anywhere and anytime. In just five short years the organization owned 24 stores with 12 million in sales. The early years of the company had the business owner leading the organization daily. In 1969, Wal-Mart was officially incorporated as Wal-mart Stores, Inc. In 1970, Wal-Mart sold their first public stock at just under $17 a share. Starting in 1970’s, Wal-mart had a decade of incredible growth with the expansion of the stores nationally, the Home Office opened in Bentonville, Arkansas, and the first distribution center. Beginning in 1980 sales for the retail giant reached $1 billion in annual sales and had grown to over 275 stores and had 21,000 employees. After reaching monumental sales the company, in 1987, installed the largest private satellite communication system in the United States, to connect the daily operations through voice, data, and video communication. In 1988, the first Wal-mart Supercenter opened in Washington, Missouri, to combine general merchandise with a full scale grocery store to ultimately create one stop shopping experience. In the begging of the 90’s, Wal-mart went global by opening a Sam’s club store in Mexico City. Sam Walton died in 1992; Rob Walton became chairman of the retail giant and had over 1900 stores and almost 400,000 associates. The rest of the 90’s...
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...At the downside of its uncomparable business success is Wal-Mart's hugely criticised unethical business practice. Along the years, Wal-Mart had been involved into numerous lawsuits from various walks of the society. The affected stakeholders include labor unions, environmental groups, local communities and even its own employees. In detail, controversial business conducts are observed on many different fronts, including gender and racial discrimination at workplace and overseas prison labor and sweatshops arising from questionable supplier selection. Discrimination towards women and the disabled As the largest stakeholders that build up Wal-Mart’s business empire, employees are of paramount importance to Wal-Mart’s success. However, over the two million employees it has worldwide, it is seen that women are treated differently than men. Over 100 female employees had submitted the unfairness treatment to the American highest court, claiming that women are discriminated in promotion, pay, training and job assignment. Evidence found supports the statements that two-thirds of the employees paid by the hour in Wal-Mart are women,and only 31% of the managers are females. Meanwhile, unfair treatment towards the disabled people were also found.Wal-Mart had first agreed an amount of $132,500 for two deaf applicants, hiring them to make corporate-wide changes in the hiring and training of new employees who are deaf or hearing impaired. But in June 2001, Wal-Mart failed to carry on with...
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...Walmart Movie Analysis Threat Level Midnight MGMT 382, 12:00pm Monday Class Rheanna Ladron De Guevara Mohammad Shojaei Danielle Seymour Teresa Radtke Curtis Anson Amy Self Walmart is quite arguably one of the largest multinational grocery retailers in America. The corporation routinely produces record sales, earnings, and employs more than 2.1 million full time employees. Last year Walmart earned a record four hundred and five billion dollars in revenue. The company was founded in 1962 by business entrepreneur Sam Walton. Walmart’s past (2006) advertising slogan, “Low prices, always”, accurately reflects the appeal the store has to the masses. In an attempt to attain a wider and more diverse customer base, in recent years Walmart has adopted the new slogan: “Saving people money so they can live better lives.” While there’s no doubt about Walmart’s low prices, it’s questionable as to whether Walmart actually allows people to “live better lives.” Not only this, but the ethicality of Walmart’s business practices seem unsound to say the least. After watching the film “Walmart: the High Cost of Low Cost”, the ethicality of Walmart’s business practices and the impact the company has on the communities in which they expand into become apparent. While some argue that Walmart makes unethical decisions quite often that harm the communities they expand into, others assert that Walmart operates within the law and is simply doing business rather than acting unethically...
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...! ! ! ! ! ! ! ! ! ! ! ! !!!!!!!!!!! ! ! Did Wal-Mart Wake Up? How Strategic Management Handled Wal-Mart’s Reputation [ABSTRACT] The nation’s largest private corporation and retail giant Wal-Mart has faced multiple opposition from labor unions, grassroots organizations, religious groups, and even from its own employees, impacting its corporate reputation and ultimately its bottom line. This case study will demonstrate the strategic communication Wal-Mart used for its corporate reputation management (CRM). In particular, the case describes the company’s response to criticism regarding its current business policies and practices. Table of Contents Introduction………………………………………………………………3 1. Company History……………………………………………………..5 1.1 Wal-Mart’s Early History: 1960s to 1970s…………………………….5 1.2 Wal-Mart Expands and Goes International: 1980s to 1990s…………...6 1.3 Attack of the Advocacy Groups: 2000 to present……………………....7 1.4 Repercussions…………………………………………………………...8 2. The Issue: Employee Relations and Workers’ Rights…………………9 3. Opposition…………………………………………………………….10 3.1 Labor Union-Funded Groups…………………………………………...11 3.2 Gender Discrimination………………………………………………….12 3.3 Wal-Mart: The High Cost of Low Price……………………………………..13 4. Wal-Mart’s Response……………………………………………………15 4.1 Response to Labor Union-Backer Groups………………………………...16 4.2 Response to Gender Discrimination Lawsuit……………………………..17 4.3 Response to Greenwald’s Film……………………………………………18 4.4 Wal-Marting Across America:...
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...1a. Wal-Mart is a US based multinational retail company that sells general merchandise and groceries. It has grown over the last fifty years into the largest retailer in the world. Today, nearly 260 million customers visit more than 11,500 stores under 65 banners in 28 countries and e-commerce sites in 11 countries each week. With fiscal year 2015 net sales of $482.2 billion, Wal-Mart employs 2.2 million associates worldwide – 1.4 million in the U.S. alone. One of the strengths of Wal-Mart is the scale of operations. Wal-Mart is the largest retailer in the world with more than $400 billion in revenue and 10,130 stores. It makes Wal-Mart a giant retailer that is very difficult for other companies to compete with. Due to such large scale of operations, the company can exercise strong buyer power on suppliers to reduce the prices. It can also achieve higher economies of scale than competitors because of its size. Higher economies of scale results in lower prices that are passed to consumers. Another strength is cost leadership strategy. This strategy has helped Wal-Mart to become the low cost leader in the retail market. Wal-Mart sells products at the lowest price possible and providing a no frill services to achieve higher economies of scale and attract huge numbers of consumers. It sells products at much lower prices than competitors do, builds warehouse style superstores that contain extensive range of products but doesn’t offer much additional benefits or services. All of...
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...In the beginning when Walmart was small and maturing business, they were an ideal company in the eyes of employees. But as the company grew into a worldwide empire, so did the number of ethical issues they faced. With promises of low prices to keep to its customers, they have made decisions which have impacted employees. People say Walmart has poor management, have poor wages for both local and outsourced workers. Many people would call these things uneithical, but Walmart claims otherwise. They claim they are helping people by creating jobs, which meet minimum wage standards, and they care about the ethics within their company. There is an abundance of arguments that call out Walmart as being unethical, but what people easily ignore are these lesser known ones that argue for Walmart’s ethical side. The most predominate unethical issue Walmart has received criticism over for countless years is their poor treatment of employees. The retailer is known for paying its store associates minimum wage. These low wages make it tough for an employee to support a family let alone themselves. Because of the low wages that Walmart pays its employees, many of them have to use government assistance such as food stamps in order to survive. This is not only bad for the employees but it is also costing taxpayers. Walmart does not offer benefits to their part-time workers who work less than twenty-eight hours a week. This can be seen as unethical because the employees are already being paid such...
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...International Analysis of Walmart 8/11/2013 International Operations Walmart is a Multinational Entity (MNE) that has 10,800 stores in 27 countries. The countries of China, Japan, India, UK, Nigeria, Ghana, South Africa, Uganda, Tanzania, Zambia, Malawi, Mozambique, Botswana, Namibia, Lesotho, Swaziland, Argentina, Chile, Brazil, Costa Rica, Nicaragua, Honduras, El Salvador, Guatemala, Mexico, US, and Canada represent Walmart’s influence globally. Walmart employees 2.2 million people worldwide with 1.3 million in the US alone. At the end of fiscal 2013, Walmart’s domestic sales were $466.1 billion and international sales were 135 billion making Walmart number 2 on the Fortune 500 list of largest companies by revenue (Walmart, 2013). Walmart’s internationalization ratio is 29%, outlining the percentage of international sales of total sales. International sales, as a percentage of total sales, are up roughly 5% since 2010 when international sales were 24.7% of total sales (Walmart, 2010). Walmart’s international presence is growing through expansion and a more multinational mindset. Walmart espouses a multinational mentality. Although the company realizes the need to have an efficient business model, the thought is “we sell what customers want” meaning that Walmart treats the different regions of the world as local domestic markets (Pennsylvania State University, 2013). As Walmart enters emerging markets, obstacles arise with integration and expansion...
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...a tool to check and track the environment they are operating. Walmart uses the PESTLE analysis, which sometimes reffered as PEST analysis, is a concept of marketing principles . Moreover, this comcept is used as a tool by companies to track the environment they are operating in or planning to launch new product or service. PESTLE is a mnemonic which expanded form donates to P-Political, E- Economic, S-Social, T- Technology, L-Legal, and E-Environmental. Let’s see the few below for Walmart- • Political and Legal Environment Walmart donates to the governor but at times it still faces some huge problems like- locking up the employees in store at night, fake sustainability displays, gender discrimination, labor union problems, etc. Till 1998 no steps has taken towards the political aspect and in 2006 it rises up as the No. 1 corporate political contributor. Unstable government also caused hindrance in the path of company expansion. For instance- Walmart was unable to expand in South Africa due to unstable and no proper direction government. • Economic Environment Fortune Magazine named Wal-Mart the nation's most admired company. It now has more revenue and more employees than any other U.S. company. Wal-Mart's growth over the last decade is unprecedented -- the company has gone from being a successful discount retailer to being a dominant force that no other retailer can ignore. When recession hits US, Walmart is one of the few companies which are thriving. Slow economy...
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...* Wal-Mart Plastic Bags FUNSAM es la empresa que le distribuye bolsas plásticas a Wal-Mart, Por otra parte en su proceso de producción reciclan el recorte, que viene a ser un 8 %. En el mismo momento que sale del proceso de fabricación se mete a la recicladora y vuelve a ingresar a la máquina. FUNSAM posee una capacidad de almacenaje en los silos de 300 toneladas, el material viene a granel. * Pedido: Walmart realiza el pedido a funsam. * Extrusión: Una vez que los detalles de la bolsa están totalmente definidos con el cliente, el pedido pasa a extrusión, primer paso en la cadena de transformación de la granza de polietileno en una bolsa o film de plástico, Como insumo principal en el proceso utilizan resina de alta densidad de la cual un 90% es Alathon L5005 del fabricante Lyondell-Equistar y el 10% restante es E-924 de Formosa, directamente importado del fabricante. El uso de Master Batch es garantizado a una concentración del 70% de TIO2 (Dióxido de Titanio). * Comprobación de programación y materiales: se comprueban las mezclas de material y aditivos necesarios para conformar el pedido: alta o baja densidad, con o sin polietileno lineal, deslizante o antideslizante, con o sin pigmento de color, superficie porosa o lisa, etc. * Pigmentación: La granza de polietileno es transparente, por lo que es necesario añadirle pigmento para conseguir el color deseado en el material. El pigmento se mezcla con la granza en las tolvas de las extrusoras. Se añadirá...
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...STRATEGIC MANAGEMENT MGMT E -5000 WALMART CASE ANALYSIS BY Indhu SEPTEMBER 19th, 2012 SWOT Analysis of Wal-Mart: (2008- 2010) EXTERNAL ANALYSIS: Significant findings on the PESTEL analysis were:(Refer Fig 1 ) * Socio Cultural factor: One of the most important concerns among consumers during that period was price. Since its establishment Walton focused on Everyday low prices (EDLP) and always geared towards the low- income groups of the society. This provided Walmart better opportunities and helped them gain a competitive advantage in the industry. * Demographic factor: Another opportunity facing the industry was that Consumers (working Mothers and other American workers) wanted ease of shopping (fast, efficient and one-stop shopping). Walmart provided its customers with what they want in the Walmart supercenters combined with its wholesale unit “Sam’s Club”. * Technological Factor: Heightening of Internet users (70% of the population) and more people were comfortable shopping online. This yielded both favorable (lower over head costs and convenience to the customers with wide choices of items and prices that were appealing) and unfavorable (Walmart has invested heavily on the infrastructure like the EDI links and POS systems) circumstances. * Economic Factor: Domestically the U.S market had a very slow growth. Although the economy was said to be in recession it favored the growth of the organization because it offered consumers commodities at a...
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...Wal-Mart Stores Inc. (WMT-NYSE) is a worldwide retail stores, which is the largest retailer in the world, found by Sam Walton in 1962.There are three major segments: Walmart US, Walmart International, and Sams Club. These retail stores include discount stores, hypermarkets, supercenters and others. Industry Analysis The major business revenue of WMT is from supercenters and Sam’s Clubs. So we focus on the industry of supercenters and warehouse clubs in the US. 1. Define the industry----Supercenter and Warehouse club industry Supercenters are some large department stores that retail various goods and service to customers such as groceries, apparel and accessories. Supercenters and warehouse clubs are different. Warehouse clubs provide membership programs to customers, which charge the membership fees and then offer many goods in bulk with discount price. The market size of the industry is estimated as $453.8 billion, and the profit is $21.3 billion in 2016. The annual growth rate from 2011 to 2016 is 1.8%. The customers in this industry are householders. Based on the market research, 55% consumption of customers is food and beverages, 23.1% consumption of customers is food and appliances. The technology development in the industry is steady. For example, point-of-sale (POS) systems and radio-frequency identification (RFID) technology are used to improve the efficiency of operation. Revenue in 2016 | $453.8bn | Profit in 2016 | $21.3bn | Annual Growth...
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...provided Last Tuesday of March • The Company’s independent accountant/auditor Wal-Mart's independent accountants are responsible for auditing Wal-Mart's • The primary products(s) and/or services (s) of the corporation Wal-Mart is one of the largest chains, which operates in three large segments: The Walmart U.S., the Walmart International, and the Sam’s Club. In this report we are focusing mainly on Walmart US. This latter is has a momentous presence in the retail industry, operating throughout the United States. “ The Walmart U.S segment includes the Company’s mass merchant concept under the Walmart or Wal-Mart brand, as well as walmart.com.” (Reuters, n.d) Walmart offers various lines of products and services including the following: * Retail goods, which consists of a large variety of categories, namely electronics, home furnishing, sporting goods, baby products, and grocery items (Washington, n.d) * Photo Services: Walmart makes a photo lab available for customers inside the stores and online. They are provided the possibility to upload their photos via the company’s website, or drop them off for developing via a store kiosk (Washington, n.d) * Pharmacy: Walmart started pharmacy operations as of 2006. Since then, it...
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...The Publicly traded company I have chosen to conduct a SWOT analysis of is Walmart. I think Walmart is a fascinating company because they are America’s largest retailer. Also, according to http://www.businessinsider.com/facts-about-wal-mart-2014-6 90 percent of Americans live within fifteen minutes of a Walmart. Strengths * A strength of the company is Investment capabilities. During fiscal 2014, the company generated total revenues of $ 476 billion, which was primarily comprised of net sales of $473 billion. I base this assessment on http://marketrealist.com/2014/05/berkshire-hathaway-ups-position-wal-mart/ * Another strength of the company is that they have the widest selection of products among retailers. This gives the company a better chance of keeping customers in one place because of the possibility of finding anything at Walmart. I base this assessment on http://www.businessinsider.com/facts-about-wal-mart-2014-6 which states that the average Walmart supercenter has at least a hundred and forty thousand individual items. * Walmart also has a technologically advanced information system to support its logistics; real-time order, inventory tracking for better decision-making and more efficient supply chain management. I base this assessment on http://www.cio.com/article/2437873/infrastructure/45-years-of-wal-mart-history--a-technology-time-line.html Weakness * A weakness of the company is that they have been involved in multiple lawsuits involving questionable...
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