The Determinants Of Wal Mart

898 WordsNov 1, 20154 Pages
Walmart stores are known for helping people to save money and proving away to live better. The company has the ability to services the consumers online, through mobile devices, as well as having the capabilities to ship the merchandise to the customer home, or instore pickup, which make a very convenience to the consumer that need time to bring the merchandise in the home during the holidays or anytime they are needed time to have the merchandise delivered. Also, Walmart have earned the trust of the people with have the “everyday lowest price” and quality merchandise (Walmart, 2014). Walmart is a very American enterprise. The profitability of its domestic retail stores drove its international expansion and continues to be its most profitable operation. The determinants of Wal-Mart’s success can be categorized, into target market, international operations and locations. Wal-Mart is considered a multinational company because it has operations in nations other than the country it is headquartered (Walmart, 2014). Walmart was founded in 1962 in Roger, Arkansas by Sam Walton. Sam Walton was born on March 29, 1918 in Kingfisher, Oklahoma, and died in 1992. Mr. Walton open his first Walmart store on July 2, 1962 in Rogers, Arkansas, after being in the retail industry for many years. Within five years Mr. Walton had open twenty-four store, and successfully gross over $12.7 million in sales. By 1969 the company was officially incorporated as Walmart Stores, Inc. The company expanded

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