The Business Problem Of Wal Mart

1810 WordsApr 24, 20168 Pages
Introduction “Save Money. Live Better” (Wal-Mart Stores Inc., 2015), is the slogan of the retail company, Wal-Mart Stores, Inc. (also referred to as Wal-Mart), that will be the emphasis of my proposal. The company website is www.walmart.com, which links to the corporate website, www.corporate.walmart.com. The focal point of this proposal is to discuss the history and a business problem that Wal-Mart, as a retail company is currently facing. Analysis of the problem with an introduction of a solution will be addressed. Establishment of a plan to include a scheduled implementation and a timeline is based on the research. It is my view that the solution proposed will resolve the problem. Company History Wal-Mart Stores Inc., (2016) stated that Sam Walton opened the first Walmart Discount City in 1962, in Rogers, Arkansas. Before Wal-Mart Discount City; Sam and James Walton, brothers opened up a variety store franchise in 1945 (Wal-Mart Stores Inc., 2015). Sam Walton had retail experience and believed that by buying in bulk he could offer lower priced goods to consumers. Mr. Walton wanted to provide his customers lower prices and great customer service. Sam Walton stated, “If we work together, we 'll lower the cost of living for everyone...we 'll give the world an opportunity to see what it 's like to save and have a better life” (Wal-Mart Stores Inc., 2016). With Mr. Walton’s experience, he could get a bargain from the wholesaler, lower his store prices, and pass

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