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Wal Mart Corporation - Case Study Example

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Summary to case study on topic "Wal Mart Corporation"
Wal-Mart Stores Inc is currently one of the largest public corporations and a retail giant in the United States. It is also one of the biggest global employers (in terms of number of people employed), next only to the People's Liberation Army of China, the National Health Service of England and Indian Railways…
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Wal Mart Corporation
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Download file "Wal Mart Corporation" to see previous pages... The first Wal-Mart store was opened in 1962, known as the Wal-Mart Discount City. Within five years twenty four more outlets were opened in the state of Arkansas touching $12.6 million in turnover. The company forayed outside the state of Arkansas for the first time in 1968 with the launch of its stores in Sikeston,
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Missouri and Clairemore in Oklahoma. By 1975, the company had established it's presence in most part of country, with 125 stores across different states, with a sales turnover of $340.3 million and 7500 employees. 1(Wikipedia)
The company is now one of the world's top retailers. Mainly driving its growth were its diversification strategies(Wal-Mart Super centers and Neighborhood Markets),international operations and membership warehouse clubs(Sam's Club).As of June 30th 2007,the Company had a network of 1,039 Wal-Mart discount stores,2,337 Supercentres,585 Sam's Clubs and 121 Neighborhood Markets in the United States-a total of 4,082 outlets. The Company's global operations include-15 units in Argentinia,298 units in Brazil,290 units in Canada, a presence of 83 Wal-Mart units and101 Trust-Mart units in China. ...Download file "Wal Mart Corporation" to see next pagesRead More
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