Wal Mart Executive Summary

The scenario chosen was a 65-year-old woman with high blood pressure. I decided to base my meal plan on cheap food and starches mainly. The full service store I decided to use was Wal-Mart. Wal-Mart is known for having lower prices so I decided to shop there and found everything on my list. Also at Walmart, I bought generic items which helped to save money. The convenience store that I went to was CVS where I could not find fresh items. At Walmart I was able to find bananas and spinach fresh however, at CVS there was no fresh food options available. I also decided to use frozen fruits and frozen vegetables in my meal plan because I knew it was cheaper but it was not accessible at CVS. There was enough money for me to purchase the food that was on my meal plan. In fact, I actually had money left over and was surprised that anything was left over. I decided how much of everything I needed by serving sizes. At CVS, even

The publicly traded company I selected was Walmart. The most recent financial statements available were for the year of 2014. The footnote’s of the financial statements was necessary for investors to gain insight into the company because it contains important information of the processes or accounting methods of the organization for recording and reporting transactions such as the pension plan details and stock and compensation information which can deal with what a shareholder can expect from an investment in the company. The foot notes of the financial statement report the specific details are financial information over a specific time frame that were left out of the main reporting documents. More so, to give clarity since the financial statements

Walmart Corporation was open in 1962 by Sam Walton. The first Walmart was open in Roger, Arkansas to save money or better people life and live a better. Walmart has over 8,800 stores sites in 15 countries with 2.2million employees worldwide. Bentonville, Arkansas has the headquarters and distribution center of Walmart. The discount departs stores are known as the original stores.

The Wal-Mart company was established on July 2, 1962 in Rogers, Arkansas (History Timeline). The company was based on the vision of Sam Walton, who believed in giving his customers the lowest prices, anytime, anywhere. By 1967 the Walton family owned 27 different stores, and in 1969 they officially incorporated, becoming Wal-Mart Stores, Inc. Just a year later in 1970 Wal-Mart went National, proving the wide spread appeal of Sam Walton's beliefs (History). This same year Wal-Mart became a publicly traded company, with its first shares priced at 16.50. A short year later the company was listed in The New York Stock Exchange (History Timeline). The 80's were a major success for this company. In 1983 the first Sams Club opened, this was and still is a store that sells product in bulk to small businesses and individuals. In 1988 the first Wal-Mart Super center opened. The Super center combined a full scale supermarket with general merchandise to create one stop shopping convenience (History). In 1992 the company suffered a hard hit when Sam Walton passed away at the age of 74. Although they lost the man at the heart of the company they were determined to carry on with his vision, and so they did. In 1996 they opened their first stores in China (History Timeline). By 2002 they reach the top of the Fortune 500 ranking of Americas largest companies. In 2012 Wal-Mart celebrated 50 successful years of business. Today the company employs 2.2 million associates worldwide and serves

Wal-Mart has been successful in becoming the number one retailer. Purchasing items in large quantities is effective in lowering the prices for the consumers. Lower prices bring the customers in the doors which in turns sells the large scale of purchasing that Wal-Mart does. With the large scale of purchasing brings a cost advantage. This cost advantage is passed onto the customer.

Starting out with a single store in Bentonville, Arkansas, Wal-Mart has not stopped expanding. The First Wal-Mart store was opened in 1962 by a Mr. Sam Walton. He opened the store with one intention: sell products people need at the lowest price available. Wal-Mart has since blown up into a globally known and used corporation. Currently, more than fifty percent of all Americans live within five miles of a Wal-Mart store, which is less than a ten mile drive away. Ninety percent of Americans live within fifteen miles of a Wal-Mart. (Fishman, 2006). Wal-Mart is bordering on 9000 locations worldwide including operations in Mexico, United Kingdom, Japan, and India.

First, it is important to understand that Walmart, being the economic super power it is, developed extremely quickly. According to the Company Profile Walmart Stores, Inc., Walmart was established in 1969, and shortly thereafter in 1972 become publicly traded on the New York Stock exchange. As the company continued to grow, in the 1980’s the company diversified into Supercenters, Sam’s Club (membership warehouse club), and even international operations. Walmart expanded and began to sell household items (2000), the launch of their “No Boundaries” cosmetic line (2001), an online music store (2004), the completion of Walmart Site to Store (2007), Walmart prepaid debit cards (2007), their very own home furnishing brand “Canopy” (2008), and finally their very own line of Sam’s choice coffee (2008). In 2009 the company took a huge leap

Wal-Mart began operations in 1962 which quickly dominated the American market and then internationally by 1991 opening Sam’s Club a subsidiary company in Mexico. Within the next 10 years Wal-Mart expanded its global reach to China, Uniting Kingdom and Europe creating its global empire. Wal-Mart currently employs 2.2 million associates around the world and has over 5000 stores in America which is the

Walmart has promised to create more American jobs by supporting more American manufacturing. Also, Walmart has pledged to purchase approximately $250 billion in products, by 2023. It makes great economic sense for American’s economy for Walmart to shift from foreign goods to domestic goods.

The first Wal-Mart store opened July 2, 1962 in Rogers, Arkansas. The store was founded by Sam Walton from Bentonville, a small town in

While Wal-Mart supporters tout the advantages of one-stop, low-cost shopping, others are alarmed at both the outsourcing that has made these low prices possible and how large retailers affect smaller, local businesses. Not everyone knows the history of Wal-Mart and how it started off. On July 2, 1962, Sam Walton opened the first Wal-Mart in Arkansas. By 1967 Sam owned 24 stores which made 12.7 million in sales. Two years later Wal-Mart was incorporated into Wal-Mart

Wal-Mart is arguably the most dynamic corporation in the last 50 years in the United States, if not the world. Arising from its beginnings in Bentonville, Arkansas, it has grown to over 4,400 discount stores, super centers and corner markets worldwide. Wal-Mart continues to expand despite public criticism of its labor practices as well as complaints about their treatment of competitors. The many strengths of Wal-Mart, like their low cost production and marketing practices, will aid Wal-Mart as it continues to grow in the retail

Wal-Mart was first opened in 1962 by Sam Walter as a retail store. It started out a five and dime store in Rogers, Arkansas and was called Walton’s. He opened this store with one goal in mind, to sale at the lowest prices possible, quality leadership and great customer services. He thought that his idea could change the retail industrial. Wal-Mart was built on a solid foundation that remains stable even after the death of Mr. Walton. Wal-Mart became the largest multinational retail store in America, with a grocery store and a pharmacy. There is a Wal-Mart in all fifty states and seventeen international states and has more than 2.3 million employees. This store

Like all departmental and/or discount stores, Wal-Mart's strategies are focused around achieving the goals such as building a large and strong customer base, under-cutting competitors, and organization of its supply chain in the most efficient and effective manner and above all, market growth.

The premier Wal-Mart location opened in 1962 in Rogers, Arkansas. Walton and his wife Helen set up 95% of the cash for the endeavor. Only six years after the fact Wal-Mart started extending outside of Arkansas State. Wal-Mart stores opened in two more southern states, Missouri and Oklahoma. On October 31, 1969, Wal-Mart had become incorporated. In 1971, Wal-Mart stock had its first 100% part and was sold at a stock price of price of $47. By 1972, Wal-Mart was being traded on the New York Stock Exchange. By its 18th birthday, Wal-Mart turned into the speediest organization to reach $1 billion in sales. The chain included 276 stores, 21,000 partners, $1.248 billion in sales. All through the 1980s, Wal-Mart developed to have areas in 13 new states. By 1991, Wal-Mart proceeded onward to the international business sector, opening its first