History Of The Company : Wal Mart Essay

1880 WordsDec 11, 20168 Pages
History of the company Walmart was founded in Bentonville, Arkansas USA. The founder, Sam Walton, had owned previous stores called Walton’s Five and Dime that had led to Wal-Mart. You can find a Wal-Mart location anywhere across the United States of America and ships globally. Wal-Mart provides many products and services for their customers. The store sells household products like bedding supplies to game consoles. Wal-Mart even supplies people with their market where they sell produce and selected food like cereal, cans goods, bread, etc. Walmart services provide pharmacies, photo technicians, money-related products, and deliveries for people. Wal-Mart was designed to be opposite of other large super stores. It is meant to help with less crowding in aisles, better parking for everyone, and quicker lines. Wal-Mart attracts low budget customers. They want to provide quality items for those with a small price range. Wal-Mart has a revenue of $482.13 billion and 150+ distribution centers. Every distribution center supports 90 to 100 stores in a 150+ mile radius. (Walmart, 2016) Company Mission, Vision, and Philosophy Wal-Mart mission Statement is "Saving people money so they can live better"(Lucio, 2012). The mission of Wal-Mart is to save money. “Wal-Mart philosophy is Global Ethics is responsible for promoting Walmart’s culture of integrity. This includes developing and upholding our policies for ethical behavior for all our stakeholders everywhere we operate. But

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