A Report On Wal Mart

2059 Words9 Pages
12/15/2014 BY :GROUP-4 Submitted to : Prof : Vijya Bandhopadya Acknowledgement We would like to take this opportunity to express our sincere thanks and gratitude to all those people who have significantly contributed towards the completion of this assignment. The project given to us was carried under the supervision and expert guidance of Prof: Vijya Bandhopadya . We are extremely thankful to her for providing us this opportunity. We would also like to express our gratitude to other people who directly or indirectly helped us in successful completion of this project. Contents About Wal-mart 4 Mission:- 4 Facts & Figure 5 A glance of major outlet of Walmart…show more content…
Walmart is headquartered in the Wal-Mart home office complex in Bentonville, Arkansas. Almost all the products are available in Walmart and gradually Walmart expanded their stores across various countries. As Walmart rapidly expanded into the world 's largest corporation, many critics worried about its effect on local communities, particularly small towns with many "mom and pop" stores. They were mainly emphasising on “Every day Low price”. Around 40 percent of products sold in Walmart are private label store brands, which are offered by Walmart and are produced through contracts with manufacturers. Wal-Mart is currently led by three key people, the CEO; Mike Duke, Executive Chairman; H. Lee Scott and Chairman; S. Robson Walton. They have over 2 million workers operating in 6500 stores worldwide. In United States alone, it has 3800 stores with each store as close as sixty kilometers each (Zook & Graham, 2006). Wal-Mart Stores consists of three different traditional retail formats, Supercenters, Discount Stores (SAM’s Club), and Neighborhood Markets, all of which operate in the U.S, and its online retail format, Walmart.com. Mission:- “Saving people money so they can live better” Facts & Figure A glance of major outlet of Walmart present worldwide Supply chain at Wal-mart: Wal-Mart embraced technology to become an innovator in the way stores track inventory and restock their shelves, cutting costs and passing the savings along to customers. In the
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