...first to automatically think similar corporations within the same market either small or big or even in direct competition. Upon researching and reviewing the required readings I realized there are numerous types of mergers and acquisitions that could and should be considered in the terms of better business for my company (Target), for the market, and for the consumers in general. The Target Corporation is an American retailing company. It is the second largest discount retailer behind Walmart. With that being said it would at first be a natural thought maybe to think of a merger with Walmart, but as Target being second to them it wouldn’t necessarily be a merger as it would be an acquisition by Walmart and probably wouldn’t make the most business sense even if both were allowed to remain as separate entities. Beyond that certain regulatory bodies would probably find a merger or acquisition to constitute a monopoly and threaten competition within the respective industry. So what would be a company worth merging with or acquiring? One such company that comes to mind which I believe would be considered a Horizontal merger would be the Kmart Corporation as they are in direct competition. Kmart is listed as the 3rd largest discount retail chain behind Walmart and Target. Kmart has struggled in the last 10 years with re-invention, re-modeling, bankruptcy, and the successful utilization of Sears stores after their merger with Sears/Roebuck Corporation. One adversity that could be face...
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...Salvador Rameriz FROM: xxx DATE: December 8, 2013 SUBJECT: Charitable Giving of Target and Walmart The aim of this project was to compare and contrast the charitable practices between Target Corporation and Walmart. This report presents the charitable giving of these two corporations. For the past few years, both Target and Walmart had become major contributors that give back to the community. Introduction The Target Corporation was founded by George Dayton in 1902 and headquartered in Minneapolis, Minnesota. It is the second largest discount retailer in the United States and its first Target store was opened in 1962 in Roseville, Minnesota (Target Corporation, 2013). The company has been praised for giving back to the community with an average of 5 percent of pretax earnings consistently each year, in fat and in lean times. Wal-Mart Stores, Inc., branded as Walmart, is one of the largest retailers in the world. The company was founded by Sam Walton in 1962, incorporated on October 31, 1969 and headquartered in Bentonville, Arkansas. After the death of its founder in 1992, Walmart and Walmart Foundation dramatically increased charitable giving (Walmart, 2013). Target Corporation Charitable Giving and Community Services Target Corporation is consistently ranked as one of the most philanthropic companies in the U.S. As the company grows, so does their work in communities. The company sponsors...
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...About Walmart: Since the 1980s, Walmart has grown to be the world leader in retail industry. And in the recent decade, the company has clocked higher growth in sales than growth in inventory. The growth in sales was significantly higher in 2007-10 though there was an unusual spur in inventory growth in 2011. Also the total income has been on a roll and has been showing a constant upward trend from 2002. Also, the total assets of the company has been showing a similar trend. | | Comparison of Walmart with its Competitors: The competitors of Walmart includes Target Corporation, Kroger Co., Costco Wholesale Cop., Safeway Inc, Amazon.com, Dollar General, Dollar Tree Inc, Big Lots Inc, Fred's Inc, Sears Holding Co., Walgreen Co., CVS Caremark Corporation, Carrefour and Tesco Plc. To study the relative performance of Walmart vis-a-vis its competitors, financial statements of all the companies given in Exhibit-3 were analyzed for each of the parameters as mentioned below: (a) Inventory Turnover Ratio (ITR)- Inventory turnover ratio is an important metric in retail industry as it shows how many times the inventory was sold through during a period. Higher value of the ratio indicates better performance if lost sales are taken care of by a company. This ITR has been calculated for Walmart and its competitors from their annual financial statements from Exhibit-3. INVENTORY TURNOVER RATIO (ITR) | | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | ...
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...opportunistic short-term investments based on proactive investment research and a disciplined strategy. Our Strategy Our company’s short term strategy is to invest in US Retail industry’s top performing stocks. We are specifically targeting the high retail stock returns during this US holiday season. The US Retail Industry The National Retail Federation (NRF) estimates that U.S. retail sales will rise 3.9% during this holiday season, overshadowing last year’s growth of 3.5%. Sales during the months of November and December are estimated at $602.1 billion. NRF also forecasts a 13%-15% rise in online holiday sales to $82 billion, stronger than the 11.1% growth seen during the 2012 season. Stocks selected Companies we chose to invest in are Walmart, Target, Macys, Amazon. These retail companies have been around for years, and doing good business. Moreover these companies are industry leaders who’re giving higher returns compared to its peers in the industry. Performance of selected companies in the Retail...
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... From the beginning, Walmart did not have many threats. However, not only the competition is different, several global retailers such as Target, Carrefour, Costco, and Amazon, are working hard to keep efficiency. They are trying to work together to shrink the prices difference between them. Walmart has facing difficulties from every single angle. Not only the company has internal labor relation problems, but also it has some external threats from its competitors. The company must work hard to get possible solutions against its competitors, and to solve any internal problems regarding its labor relations. Even though Walmart does not have any problems with its good sales performance, it does not stop the company to have issues with sales. Walmart needs to pay attention because there are too many claims from women regarding the lawsuit discrimination for several reasons inside the company such as pay, promotions, and training. The company has no other recourses to re-evaluate the situation to make its employees feel better as far as the coverage is concerned. There are several companies in the United States that offer better health insurance coverage than Walmart does. As a result, a re-evaluation is necessary so that associates can pay less with a higher contribution of the company. Life insurance is important for every single employee within an organization. An employee with no good life insurance can be in trouble at any given time. Consequently, Walmart should make clear decisions...
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...WALMART Andrew Louis Webster University MNGT 5650 Kenneth Chapman Wal-Mart study Case#1 1. What threats and challenges is Wal-Mart currently facing? From the beginning, Walmart did not have many threats. However, not only the competition is different, several global retailers such as Target, Carrefour, Costco, and Amazon, are working hard to keep efficiency. They are trying to work together to shrink the prices difference between them. Walmart has facing difficulties from every single angle. Not only the company has internal labor relation problems, but also it has some external threats from its competitors. The company must work hard to get possible solutions against its competitors, and to solve any internal problems regarding its labor relations. Even though Walmart does not have any problems with its good sales performance, it does not stop the company to have issues with sales. Walmart needs to pay attention because there are too many claims from women regarding the lawsuit discrimination for several reasons inside the company such as pay, promotions, and training. The company has no other recourses to re-evaluate the situation to make its employees feel better as far as the coverage is concerned. There are several companies in the United States that offer better health insurance coverage than Walmart does. As a result, a re-evaluation is necessary so that associates can pay less with a higher contribution of the company. Life insurance is important for...
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...Accounting 205 Emmett Denham August 9, 2015 Week 5 Final Company Overview Sam Walton opened the first Walmart store on July 2, 1962 in Rogers, Arkansas. The first Walmart store was created as a small discount retailer, but began to rise quickly. There were 24 stores with $12.7 million dollars in sales by in 1967. Walmart officially became a corporation in 1969. By 1970s Walmart became a publicly traded company, and was bought at $16.50 per share in the New York Stock Exchange. In the 1980s the first Walmart Supercenter opened and they hit their first $1 billion in annual sales, which were faster than any other competitor. Walmart became known as ‘America’s Top Retailer’ in the 90’s. In the ‘New Millennium’ Walmart topped the Fortune 500 ranking of America's largest companies. Today the company employs 2.2 million associates worldwide and serves more than 200 million customers each week at more than 11,000 stores in 27 countries ("History Timeline," 2015, p. 1). Walmart sells large assortments of merchandise such as merchandise to consumers such as, food, electronics, house ware, health and beauty, jewelry automotive, hardware and miscellaneous other conventional products. Having a lot of stores with such a wide variety of merchandise allows Walmart to be such a well-known name throughout the world. Walmarts main competitors are companies such as Big Lots, Target, Kroger, Olies, Sears, and Amazon. Horizontal Analysis of Income Statement The definition of a horizontal...
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...HUMAN RESOURCES MANAGEMENT Instructor: Lori Gardner Wal-mart associates go through an in-depth orientation that lets them know what it means to be part of the Wal-mart family. This begins with a “business simulation” that places new associates in the role of the customer. The simulation exercise helps associates understand customer expectations and what they can do to meet and exceed those expectations. They need to possess good public relations, knowledge of tools, cashier, technologies, and leadership. Employees need to know about industry trends, industry rules and regulations. Employees need to know about the sales process to make effective sales to target customers. We here at Wal Mart the employees want the employees to know about sales process to make an effective sales to target customers. We have varies training such as communication skills, presentation skills, and executive coaching. A college degree combined with public relations experience, usually gained through an internship, is considered excellent preparation for public relations work; in fact, internships are becoming vital to obtaining employment. Colleges offer at least one course in this field. Public relations includes courses in public relations principles and techniques; public relations management and administration, including organizational development; writing, emphasizing news releases, proposals, annual reports, scripts, speeches, and related items; visual communications, including...
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...Context: 1. Introduction 2 2. Background of Wal-Mart stores Inc. 3 3. Retail organization internatinalization expension 4 4. International Expansion of Wal-Mart in Maxico,china and canada 5 5. Comparison of Entry Modes 6 6. comparison of Opportunities 7 7. Final touch 8 8. Conclusion 9 9.Bibliography 10 1. Introduction: Being present and having to enter foreign markets is for many companies natural, while for other it is a new challenge that they have to face. This challenge, known as market entry, consists of three major decisions: where to enter, when to enter and how to enter different markets. Some companies are forced to internationalize in the early stages of their life due to small saturated home markets, while other companies choose to go abroad because of the great opportunities new markets might bring (Peng, 2006). Once deciding to go abroad and choosing the target market and timing, companies' need to consider the choice of entry modes. Generally, to choose international firm there are six different entry modes: exporting, turnkey projects, licensing, franchising, joint ventures, wholly owned subsidiary (Hill, 2004). Each entry mode its distinctive characteristics (see, e.g., Hill, 2004; Hill, et al, 1990; Hill and kim, 1988; Anderson and Gatignon, 1986; Madhok, 1997; Brouthers and Brouthers, 2000; Bishop 2006. Selecting a suitable entry mode is a difficult decision for firms interested in entering a foreign market (Agarwal and Ramaswami, 1992). Sometimes...
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...or service. Step three is explaining the importance of marketing for organizational success. The fourth step analyzes the factors of strengths, weaknesses, opportunities, threats, and trends (SWOTT) of the new product or service. Step five is the marketing research approach for developing the marketing strategy and tactics of the new product or service (Perreault, Cannon, & McCarty, 2011). Organizational Overview Team Charlie chose the Walmart organization for completing this assignment. Walmart is one of the best known organizations in the world that have successful marketing plans and strategies. Sam Walton is the founder of Walmart and opened the first store in Rogers, Arkansas, 50 years ago in 1962 (Walmart, 2012). Currently Walmart operates in more than 10,000 retail stores under 69 diverse banners in 27 different geographic locations across the world. They service customers and members in excess of 200 million times per week with sales of approximately $444 billion continually for the fiscal year 2012 (Walmart, 2012). Sam Walton’s visionary leadership and focus point centered on helping customers and...
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...Wal-mart in comparison with comparable organizations in their industry segments using United States companies. Competitors in the supercenter market are Target and Meijer, whereas Costco is a key competitor in the member warehouse-style market. Only Costco (Costco Annual Report, 2011) is currently competing in the international marketplace. Financial Health Wal-Mart Stores Incorporated (WMT), Target Corporation (TGT), and Costco Wholesale Corporation (COST) are public held companies with stock traded on the New York Stock Exchange (NYSE) and required to file an Annual Report on forms 10-K annually with the Security and Exchange Commission (SEC) (Stock Quotes, 2012). Meijer’s is a family-owned private company and not subject to SEC filings of their performance and is excluded from analysis because their financial data is not available (At 75, Meijer family still controls retailers destiny, 2009). Income Statement The latest income statements submitted by Wal-Mart, Target, and Costco to the Security and Exchange commission all reported millions in profit (Stock Quotes, 2012). Wal-Mart’s consolidated net income for its fiscal year ending January 31, 2012 is $15,699 million (Walmart Annual Report, 2012), which equates to a $4.54 net per share income, and resulted in $1.46 paid in dividends for each common share (Walmart Annual Report, 2012) ). By comparison, Costco latest annual report for fiscal year ending August 28, 2011 reported $1,462 million in profit with a net...
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...competitors and create value and examine the measurement guidelines and the effectiveness of those guidelines to authenticate strategic effectiveness. Researchers have found a definite connection between profits and environmental scanning. Internal and External Environments Because a company has little to no control over external issues, it is important to monitor continuously for changes so that corrections can be made promptly. PEST is an acronym for political, economic, social, technological problems that may affect an external environment, and companies use this tool for external environmental scanning. The political factor looks at how legal issues and government regulations impact a company’s ability to gain profits and success. Walmart and Dollar General both will have to contend with tax guidelines, trade regulations, employment laws, environmental and social policies, and safety regulations. Both companies should consider federal and local power structures, and strategize for how a shift in power could impact their business. The economic factor scans outside economic issues that influence the business’s success. Topics to consider are inflation, interest rates, economic growth, unemployment policies, and economic stability, unanticipated shifts in resource costs, and commodity, and credit availability. The social issue can analyze the cultural and demographic aspects of the companies...
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...History of J.C. Penney Company, Inc. J.C. Penny is the second largest of all the United States department stores. The nearly thousand stores are dispersed around the United States and even in Puerto Rico and Mexico. J.C. Penny has been around for over 100 years. According to International Directory of Company Histories, “James Cash Penney started his first retail store in 1902 in Kemmerer, Wyoming, a small mining town.” (Grant, 1997) The store has since transformed to more of fashion-oriented retail store instead of a wide variety of goods. Since their refocus of the company, JCPenny’s has been able to compete in the very harsh market with a lot of competitors such as Sears, Walmart and Kmart. The internet shopping options provided by JCPenny has been showing great growth for the company. In fact the company is so well known because of its ability to adapt to the new forms of sales such as online. JCPenny SWOT Analysis Strengths: * JCPenny has a long history in the business * Brand Recognition * Locations nationwide that are in nearly every mall * Exclusive popular brand names that are not available other places Weaknesses: * Decline in comparable store sales * Decrease in popularity due to competitors * Changing business strategies a little too often * Lack of coupons Opportunities: * Growing internet sales * Exploring specific markets such as maternity and/or big & tall * Attracting new customers through new business...
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...1-Wal-Mart history and Introduction The first Wal-Mart was opened in Rogers, Arkansas, in 1962. By 1969 it was incorporated into Wal-Mart Stores, Inc., and in 1972 went public on the New York Stock Exchange. The company grew steadily across the United States, and by 1990 was the nation's largest retailer. In 1991 and 1994, Wal-Mart moved into Mexico and Canada respectively. By 1997 it was incorporated into the Dow Jones Industrial Average. As of 2005, Wal-Mart has stores in the United Kingdom, and Puerto Rico, and brings in revenue of close to 300 billion dollars a year. In 2006, Wal-Mart invaded the China and India's markets. During the last two decades, Wal-Mart has been able to take advantage of the rise of information technology and the explosion of the global economy to change the balance of power in the business world (Wikipedia, 2006). Today Wal-Mart continues to grow and their success is not only from their sound strategic management planning but also from its implementation of those strategic plans. In other words operational planning has been an important key to their success. 2-Wal-Mart Strategy Once plans have been developed, an organization must address how management will be accomplishing be those plans. This involves operational plans that must flow from strategy; specify resource, time issues, and commitment of human resources. Operational plans at the lower - levels of the organization, have a shorter time horizon, and are narrower in scope (Bateman...
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...Organizational Structure of Walmart Doshiemae Johnson MGT/230 Patricia Ford February 1, 2016 Introduction Walmart’s humble beginnings started in Rogers, Arkansas in 1962 by Sam Walton. Today, Walmart has evolved into a multibillion dollar company earning 486 billion dollars (Wikipedia.com (Entreprenuer, 2016) (Entreprenuer, 2016), 2015). Walmart is currently located in over fifteen countries and have over eleven thousand six hundred twenty stores (wikepedia.com). Their slogan is “Save Money, Live Better.” Walmart’s success could not have happened without strategic planning of the company’s business processes. These factors decide which organizational structure would be appropriate for the company to use. This paper will discuss the organizational structure of Walmart and their corporate processes that include marketing, human resources, products, and geographical locations. Organizational Structure Walmart’s organizational structure is divisional. Under this type of structure, each division has its own executive, which is the vice president. The vice president is responsible for their own budgets, advertising, and hiring (Bateman, 2011). Each division is given enough resources and autonomy to function alone. Unlike other organizational structures such as functional where divisions are departmentalized based on common job functions and matrix where both employees and managers from different company departments work together to achieve goals and solve problems (Bateman...
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