WAL-MART STORES, INC Step 1: Identify the Firm’s Existing Vision, Mission, Objectives, and Strategies. Vision and Mission: There is no formal vision and mission of Wal-Mart available in this case study. Objective: Wal-Mart is a retail store that strives to excellently serve, respect and focus on both domestic and international customer by providing every-day low prices’ general merchandise to satisfy customers’ needs and help customers to save money. Strategies: 1. Forward Integration *
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total operational control of the chain in 1988. Currently 18 JUSCO stores and supermarkets are in operation in Malaysia with another four confirmed openings and three planned stores by 2010. 2. CARREFOUR Company Carrefour is a French international hypermarket chain. The headquater of Carrefour is located in Levallois-Perret, France.
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Case Study: Wal-Mart in China (2012) In 1996, China’s national economy was growing at a rapid pace. The gross domestic product reached over US$1064.4 billion, an increase of 9.7% over the previous year. To further increase and attract foreign investment, the Chinese government increased its number of experimental, special economic-zoned cities in which foreigners could operate a business. There were, however, restrictions set forward by the government, in that all foreign businesses would have
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Growth of a Genius in Management My understanding in management deepened with the rise of my age. My charisma in interpersonal relations that can help win instant popularity easily was displayed when I was pupil. Every classmate treated me as their best friend naturally. This situation gave me a good opportunity to get to know everyone’s strength and needs. The ability to gain instant popularity is not human nature, and neither is mine. But my parents set me good example. My father is a business
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480 10.3.13 Case Analysis: Carrefour S.A. Context and Key Issues This case, centered in 2002, involves Carrefour S.A., at the time, Europe’s largest retailer. Leading up to 2002, Carrefour largely grew its business, including acquisitions, outside of its home country of France. At the time, Carrefour had retail operations in 26 different countries and funded any of its capital needs within these countries with the country’s currency denomination. Confronting Carrefour is a decision brought to it
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CARREFOUR S.A. Synopsis and Objectives In August 2002, the French retail giant Carrefour S.A. is considering alternative currencies for raising (euros) EUR750 million in the eurobond market. Carrefour’s investment bankers provide various borrowing rates across four different currencies. Despite the high nominal coupon rate and the lack of any material business activity in the United Kingdom, the British-pound issue appears to provide the lowest cost of funds if the exchange rate
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I. BACKGROUND Carrefour has first introduced the concept of hypermarket in the small French town of Sainte-Genevieve-des-Bois in 1963. It is an all in one shopping store that combines the supermarket, drugstore, discount store, and gas station. In the retail industry, where the competition is tough, it is only normal to see mergers and acquisitions between big companies and small-time businesses. The most notable mergers are with Euromarche and Montlaur in 1991. After three years, the
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Redesigning retail: Operating model imperatives for international retailers Deploying the right operating model can help international retailers drive profitable growth by balancing customer relevance and operational efficiency across diverse and dynamic markets. Today’s consumers are a formidable bunch. Armed with more information than ever thanks to technology, they shop anytime, anywhere and with anyone they choose. Moreover, choice, convenience and service mean just as much to them as price
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Internationalization of a French retailer—Carrefour In 1960, Carrefour opened its first supermarket in France. In 1963, Carrefour invented a new store concept—the hypermarket. The hypermarket concept was novel, and revolutionized the way French people did their shopping. It moved daily shopping from small stores to enormous stores where customers find everything they want under one roof, in addition to selfservice, discount price, and free parking space. The first Carrefour hypermarket store was established
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amidst the global financial crisis in recent years. Carrefour is a famous hypermarket chain who selling a wide range of grocery products ranging from frozen goods and fresh products to textiles products, clothes and shoes, as well as electrical goods such as home kitchen items, furniture and audio. Besides, Carrefour is considered as a convenient store in most of the countries. It provides daily goods for housewives and students. Carrefour is a French international
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