The Success of WalMart Helps Society

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Wal-Mart is a chain of large departmental stores all over the United States and it is a Multinational corporation. It is the biggest private employer and the second largest public corp. Wal-Mart was found in 1962 by Sam Walton and to this day it is a family owned business. Wal-Mart’s headquarters are located in Bentonville Arkansas. Some of the countries Wal-Mart’s operates in under different names are Mexico, United Kingdom, China, India, Canada, Argentina, and Brazil. Over the years Wal-Mart has been highly successful and a very profitable company in the stock markets. There are many reasons behind Wal-Mart’s success story, initially it kept expanding at a drastic speed and started covering large metropolitan areas. Secondly Wal-Mart figured out the golden rule of buying cheap from overseas and selling at rock bottom prices to the American public. Adapting to the local customs and culture, having joint ventures with established banks and fast food chains like McDonalds and Subway surely helped them sustain their success, being flexible with prices and willingness to change and understanding the serious threat from the local competition are few of the many reasons why Wal-Mart is on the top. My personal opinion is that any success Wal-Mart has is a success for the general American public. Wal-Mart for over years has saved Americans there hard earned money and continues to do so. And the famous slogan that we see at every Wal-Mart store speaks for itself “Save money live

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