Walmart Inc. is an American multinational retail corporation that operates a chain of hypermarkets, discount department stores, and grocery stores in the United States, headquartered in Bentonville, Arkansas.
Renowned for its cheap, one-stop shopping experience, Walmart swiftly captured market share by aggressively undercutting small-town supermarkets. By 2001, Walmart overtook Exxon Mobil to become the world's largest company by revenue.
2. Area Covered
Introduction to Wal-Mart
Behind the success of Wal-Mart
How they make profit
Critique of Wal-Mart
3. Introduction to Wal-Mart
World largest multinational retail corporation
Founded in 1962, at bentonville in USA
Sells several categories of consumer products
25.8 million people visit wal-mart store each day
It has 11,368 stores and clubs in 27 countries with 2.2 million
employees
4. Behind the success of Wal-Mart
It is passionately dedicated to long-time low-price value
proposition
It select the goods at unbeatable price
Use the barcode technology to check-out counter
Advanced supply chain management
Dealing directly with manufacturers
5. How they make profit
Their huge exchange at lowest price allow them to reap higher profit
Its food price is 20 percent less than its rivals. Lower price attract more
shoppers, executing more sales, making the company more efficient
They are very honest and straightforward to deal with their vendor
Its automated distribution centers and latest technology supply efficiently
As they take majority product from manufacturer, they can get at cheap cost
6. Critique of Wal-Mart
Some ague that Wal-Mart squeeze its suppliers too hard and driving some
out of business
It seems now to be facing midlife crisis
Profit growth has slowed and stock has slumped a bit