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Wal-Mart And Target: Managing Organizational Change

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Running head: Topic Proposal 1 Topic Proposal 5 Wal-Mart and Target Joseph Laudando HRM-587: Managing Organizational Change Professor James Hess July 6th, 2017 Table of Contents Table of Contents 1 Introduction 3 References 5 Introduction Wal-Mart and Target have been known as rivals in the US discount retail market. Over the last few decades both have experienced tremendous growth. However, in the recent years, with the entry of smaller discount stores and emergence of online shopping websites where both are weak, these companies are finding themselves challenged in sustaining growth. In fact, both have cut back on their annual growth forecast for the coming year as customer traffic in their big box stores were observed to be declining. (Team, 2014). Aside from external factors, each company is also encountering internal issues in their operation that is further driving respective organization to change. Incorporated in Minnesota in 1902, Target Corp is known as a general merchandise and food discount stores. It has two segments: the US and Canadian segments. Its expansion in the Canadian market in 2013 had not been as successful as expected and is contributing to a financial setback. This was followed by breach of security of its store systems which is somewhat resulting to declining customer …show more content…

The company’s retail operation has three segments: Walmart U.S., Walmart International and Sam’s Club. Its international operation is now present in South America, Europe and Asia. Although the company was incorporated in Delaware only in 1969, it has overtaken all its domestic US competitors with its rapid expansion. After succeeding in its supercenters (big-box) expansion strategy, it is now venturing into development of small stores to cope with the changing business environment (Team,

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