Walmart by Jacob RBS
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Transcript of Walmart by Jacob RBS
Wal-Mart Stores, Inc., an American multinational retail corporation
Head quarters - Bentonville, Arkansas, US
Founded- 1962,RogersFounder- Sam Walton Chairman - S. Robson WaltonPresident /CEO- Mike DukeRevenue- US$ 469.162 billionOperating income -US$ 27.801 billion Net income-US$ 16.999 billion
History..
In November of 1962 Wal-Mart was opened.
Wal-Mart became a publicly traded company. The first stock was sold at $16.50
1972- listed on Newyork Stock Exchange as WMT
1983-Sams club opened in Midwest city, Okla
1988-David Glass named CEO
1991-through a joint venture company Cifra a Mexican retail company Wal-Mart went global, opening Sams club in Mexico City
2000-H. Lee Scott, Jr. succeeded David Glass as CEO.
2000-www.walmart.com founded, facilitated US customers to shop online.
History cont…
2007-online purchasing facility in world wide
2009-Mike Duke become CEO
2010- Bharati Wal-Mart ,a joint venture with India
2012-Walmart celebrated 50 years of helping people save money so they can live better
History cont…
Logo’s…
Global Top Retail Brands
"The secret of successful retailing is to give your customers what they want. And really, if you think about it from your point of view as a customer, you want everything: a wide assortment of good-quality merchandise; the lowest possible prices; guaranteed satisfaction with what you buy; friendly, knowledgeable service; convenient hours; free parking; a pleasant shopping experience."
- Sam Walton (1918-1992)
Vision…
"We save people money, so they can live better."
Mission..
SupercentersDiscount StoresInternational
Sam’s Club Neighborhood
market
Divisions of Wal-Mart
Wal-Mart BrandsSam choiceGreat valueEquateMain stageOl’ royDr.ThunderSpecial kittyParents choiceWhite stag
STEP 1-DECIDING COUNTRY-specifics of the business, competitive and economic environments
Acquiring an existing player
(GM,CN,UK,SK,PR,JP)
Starting new stores on own
Joint Ventures(MX,BZ)
STEP 2-DECIDING STRATEGY
Start greenfield operations .(AG,CH)
Global Strategy
Overall cost leadership
Strong distribution system, Inventory management
Differentiated pricing
IT advantage
Acquiring rivals
Business Strategies
Supply Chain
TescoCarrefourMetro A GThe KrogerTarget CorporationCostcoKmart Corporation
Competitors
Global Market Share In Retail Business
• Diversity in products & services• Convenient prices & locations• Strong market presence• Customer loyalty• Strong financial performance• Cost and pricing advantages over
rivals• Good supply chain
• Global Expansion: new geographic areas
• Increasing online sales
• Acquiring rival firms
•Low global presence•Behind rivals in e-commerce•Less in EPS
• Intense Competition• Laws and Regulations • Cultural barriers• Slow market growth• Increasing threat from Amazon
online.• High competition with Family
Dollar and Target.
Swot…
Renewable energy now provides 21% of Wal-Mart's electricity globally, and we became the largest onsite green power generator in the United States.
Wal-Mart and the Wal-Mart Foundation are increasing training, market access, and career opportunities for nearly 1 million women worldwide.
Wal-Mart and the Wal-Mart Foundation gave more than $1 billion to support organizations that impact local communities around the world.
The Wal-Mart Foundation became the first partner of Feeding America to donate 1 billion meals (since 2005).
We saved our customers $2.3 billion on fresh fruits and vegetables since 2011.
Wal-Mart committed to hire any honourably discharged U.S. veteran in his or her first year off active duty.
Corporate Social Responsibility