Wal Mart And The United States

1862 WordsMar 17, 20168 Pages
One of the largest retailer in the United States is known to many of us as Wal-Mart; boasting over 3,500 domestic stores in the United States, with continued growth in their numbers…and about 1,300 locations in Canada, Mexico, the UK (only Western), Germany, Asia and South America (Mergent). Many of these stores include Supercenters, Sam’s Clubs, and smaller Neighborhood Market centers. Wal-Mart primary focus is on based on six strategic merchandise units: grocery, entertainment, hardlines, health and wellness, apparel, and items for the home (Mergent). Since the begininning of the company in 1962, Wal-Mart has skillful continued growth and prosperity. Its long standing history of profitability and prominence thoughout North America, are key indicators of its future success. When opening the first Wal-Mart store, Sam Walton traveled the country to learn more about discount retailing and gained a new perspective on what he though Americans desired in a store (WalMart). Contrary to popular opinion, Sam Walton believed that discount stores could be successful in rural America so Wal-Mart’s early beginnings were rooted in the establishment of a small discount store in Rogers, AR opened by Sam Walton in 1962 (Wal-Mart). From there ,Wal-Mart continued to grow and was incorporated as Wal-Mart Stores, Inc. in 1969. Once the company was listed on the New York Stock Exchange, the growth skyrocked, growing from a chain of small discount stores to large supercenters
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