Running head: WAL-MART FINANCIAL REPORT 1
WAL-MART FINANCIAL REPORT 2
Wal-Mart Financial Report
Norma J. Weathersby
Bethel University
Quantitative Approaches to Managerial Decision Making: 1487-05
Dr. Dorothy Black
August 30, 2016
The paper will discuss the answer to the following questions: When did Wal-Mart began, who were the founders, and the original reason the company was formed. What products or services does the company offer? Where does the company do business? Who are their competitors? Is there anything unique about the company? Who is the company?s target market? Over the last 50 years the Wal-Mart franchise has grown into one of the hugest retailer stores worldwide. The first Wal-Mart store opened July 2, 1962 in Rogers, Arkansas. The store was founded by Sam Walton from Bentonville, a small town in
…show more content…
(2008). Walmart re-brand: Starburst, asterisk or sphincter? Retrieved from http://www.outsourcemarketing.com/walmart-re-brand-starburst-asterisk-or-sphincter/
Libby, R., Libby, P., Short, D., Whitecotton, S., Phillips, F., Wild, J., Shaw, K., Chiappetta, B., Quantitative Approaches to Managerial Decision Making. The McGraw-Hill Companies, Inc.
Financial Statements for Wal-Mart Stores, Inc. Retrieved from https://www.google.com/finance ?q=NYSE:WMT&fstype=ii
Frank, T.A. (2006). Reclaim Democracy! A Brief History of Wal-Mart. Retrieved from http://reclaimdemocracy.org/brief-history-of-walmart/ Market Segmentation, Target Market for Wal-Mart. Retrieved from http://essayturf.com/blog/market-segmentation-target-market-for-wal-mart/
Our History ? Wal-Mart. Retrieve from https://corporate.walmart.com/our-story/our-history
WMT: Wal-Mart Stores, Inc. Top Competitors and Peers ? Morningstar. Retrieved from
The Wal-Mart company was established on July 2, 1962 in Rogers, Arkansas (History Timeline). The company was based on the vision of Sam Walton, who believed in giving his customers the lowest prices, anytime, anywhere. By 1967 the Walton family owned 27 different stores, and in 1969 they officially incorporated, becoming Wal-Mart Stores, Inc. Just a year later in 1970 Wal-Mart went National, proving the wide spread appeal of Sam Walton's beliefs (History). This same year Wal-Mart became a publicly traded company, with its first shares priced at 16.50. A short year later the company was listed in The New York Stock Exchange (History Timeline). The 80's were a major success for this company. In 1983 the first Sams Club opened, this was and still is a store that sells product in bulk to small businesses and individuals. In 1988 the first Wal-Mart Super center opened. The Super center combined a full scale supermarket with general merchandise to create one stop shopping convenience (History). In 1992 the company suffered a hard hit when Sam Walton passed away at the age of 74. Although they lost the man at the heart of the company they were determined to carry on with his vision, and so they did. In 1996 they opened their first stores in China (History Timeline). By 2002 they reach the top of the Fortune 500 ranking of Americas largest companies. In 2012 Wal-Mart celebrated 50 successful years of business. Today the company employs 2.2 million associates worldwide and serves
The following report contains an analysis with an overview of Wal-Mart Inc. and it’s financial statements. Wal-Mart, one of the biggest corporations and the largest employer in the world, has used exceptional ways of generating revenue and systems of tracking inventory, two very distinct characteristics of the company, while still maintaining a powerful imagine over all these years.
The Organization that we selected as our topic of discussion in our Project Paper is the Wal-Mart Corporation. Sam Walton is the founder of Wal-Mart. He opened his first store called Wal-Mart Discount City in Rogers, Arkansas in July of 1962. Their corporate office is currently located in Bentonville, Arkansas. Wal-Mart Stores Inc. incorporated its stores on October 31, 1969. In 1972, they started selling stock on the New York Stock exchange. Although, though the company has had controversial operational business practices they have grown to be the largest Retail Corporations in the world. In 1997,
Wal-Mart is an American company that was founded in the year 1962 by Sam Walton. The company operates in the retail industry. Notably, the company operates various chains of stores in the entire world which has made the venture a big success in the retail industry. The efficiency and the effectiveness of the company’s operations have seen it ranked the second largest public company in the world (Copeland & Labuski, 2013). The company has over two million workers which makes the leading private corporation employer in the world. Notably, despite the fact that the company is traded publicly, Wal-Mart is more of a family company since Walton’s family still controls over fifty percent of the company’s shares. The company has expanded its business through venturing into external markets such as China, the United Kingdom, North Korea, South Korea, North America, and so forth. However, these markets have produced mixed results in terms of the level of success and profitability. For instance, the German market and the South Korean markets have turned out to be less favorable for the company.
The first Wal-Mart store opened in 1962 in Rogers. Arkansas. In 1969 Wal-Mart became incorporated. The first distribution center opened in 1970 and Wal-Mart was put in the New York Stock Exchange. By 1985 Wal-Mart had 882 stores and made $8.5 billion. In the 1990’s Wal-Mart became the nation’s number one retailer and in 1991
Through continual research and readings Team Wal-Mart has gained a better understanding and perspective of America’s fascination with Wal-Mart. Despite the constant barrage of negative press relating to its handling of labor issues, employee benefits, vendor practices and customer service, the retailer is able to thrive. Wal-Martfacts.com brings an enlightening perspective on Wal-Mart views and how they and the public perceive its pitfalls. First, we are going to examine the history of the company. Where did Sam Walton get the idea to come up with a retail store like Wal-Mart? Did he actually expect to be as large of the retailer as it is now? Our team wanted to better understand where Wal-Mart is with its corporate level strategy, business level strategy, strategic formulation and it own views on its implementation. W We will further explore some alternative solutions and make recommendations as to where the public views the company in regards to the topics of discussion, and where our team’s views, and its perceptions of where they are today in how well it is
The following is the history of dividends declared and paid by Wal-Mart from 2008 to 2012.
Wal-Mart is a general merchandise discount retailer, which was incorporated in 1962. Wal-Mart’s history is based on one man, Sam Walton, who changed the course of retailing forever. Sam Walton first entered retailing when he was a management trainee at J.C. Penny Co. in 1940 in Des Moines, Iowa. After serving in the Army in World War II, Walton acquired a Ben Franklin variety store franchise with his brother James Walton in Newport Arkansas, until they lost the lease to the store in 1950. By 1962, when the first Wal-Mart Discount City was opened in Rogers Arkansas, both Walton’s were operating fifteen stores under the “Walton 5 & 10” name, and were the largest Ben Franklin franchisee in the
Wal-Mart is arguably the most dynamic corporation in the last 50 years in the United States, if not the world. Arising from its beginnings in Bentonville, Arkansas, it has grown to over 4,400 discount stores, super centers and corner markets worldwide. Wal-Mart continues to expand despite public criticism of its labor practices as well as complaints about their treatment of competitors. The many strengths of Wal-Mart, like their low cost production and marketing practices, will aid Wal-Mart as it continues to grow in the retail
The purpose of this business report is to gain familiarity with Wal-Mart and to learn about the different aspects that make Wal-Mart a successful company. This report gives an in-depth analysis of the company history, services and products provided, the company philosophy, business methods, organizational structure, and financial and competitive analysis.
In this paper, I have researched to find out how this grant empire has become and remain so successful. I found out that one of the reasons is because it has been able to maintain the goals and standards that its owner, Mr. Sam Walton has built it upon. Even after his death, Wal-Mart continues to expand and grow in other countries. Wal-Mart is considered one of the top ten global companies today. Mr. Walton’s main goal was to sell products at a low price so that people could live a better life. Another reason is because Wal-Mart uses certain market mix strategies such as the four P”. These strategies, price, promotion, product and place.
Ans:Wal-Mart,Inc runs a chain of large, discount department stores.it is the world’s largest public corporation by revenue. Walmart is the largest private employer and the largest grocery retailer in the United States. Walmart is one of the best known industries all over the world. Its concentration of a single business strategy is the basis of its success over the decades by this strategy without having to rely upon diversification to sustain its growth and competitive advantage. The leading marketing strategies of Wal-Mart are low prices, service and smile. However by adapting this strategy, it has risked itself by putting all of a company’s egg in one industry basket. While its global strategy worked elsewhere, the results were bad in Germany and Korea that Wal-Mart withdrew from those countries.
Sam Walton 's first venture as a milk boy is when he understood the value of a dollar and the knowledge of how far a dollar could take one in life. From Sam 's first five and dime stores in the 1950 's to his opening of the first Wal-Mart in Rogers, Arkansas in 1962, no one could have predicted the enormous success of this small-town merchant. Today, fourteen years after his death, Wal-Mart continues to grow and leadership of this company continues to rely on many of the traditional goals and philosophies that Mr. Walton left behind. In keeping one step
The mission statement aims at markets by saying: "Wal-Mart is accomplished as a universal competitor." Wal-Mart has stores worldwide. They have conquered the international market. They are the number one retail-variety store in the world.
Wal-Mart is the largest and most innovative company in the world, grossing annual revenue of $430 billion dollars and maintains stores internationally. Although it has seen its success in areas of customer service, it currently sees the negative impact that anti-corporation groups and lawsuits can have on profits. Although these problems would amount to a sufficient issue, an even bigger issue facing Wal-Mart today is the consistent approaching threat of competition with fellow rivals such as the stores Kmart, Target, and the practicality of Dollar stores. Everything from wage rates, prices, economy, technology, etc., has been affected by Wal-Mart’s success. Although the threat of competition does not outweigh the overall success that