Wal Mart 's Largest Public Corporation Essay

Wal-Mart Corporation is one of the largest retail stores in the world. They serve customers in meeting their needs with low cost saving items. On October 31, 1962, Wal-Mart was founded and incorporated by Sam Walton in Bentonville, Arkansas. Mr. Walton went into business because he felt that items sold were too high for the average customer to afford. His focus was to sell products at low prices to get higher volume sales at a lower profit margin. He bought bulk products from different suppliers so he could incorporate savings into his pricing to lower cost for customers. Under the savings cost concept, Wal-Mart grew rapidly and surpassed its competitors in sales and generating profits.

Walmart Corporation is the world’s chief company by revenue and the largest retailer in the world. It is a retail discount department and warehouse store. It currently serves customers worldwide in 28 countries throughout 11,695 store locations-including Sam’s Club and the Walmart Supercenter. It is also the world’s largest private employer, with more than 2.3 million staff and their current CEO is C. Douglas McMillon. Walmart was founded in 1962 by Sam Walton in Rogers, Arkansas. He had a dream to build store that offered low prices and great value to the customers. Walmart’s official company purpose is “Saving people money so they can live better” (2017, Walmart History, pg. 3). Although, the company has expanded its location all around the world and made billions of dollars in sales, Walmart is faced with new competition, numerous legal and unethical disputes and vast fines each year.

Wal-Mart, founded by Sam Walton in 1962, is the world’s largest retailer and public corporation. It operates over 6,500 stores worldwide, employs 1.9 million associates, and serves more

Wal-Mart is a producer who has the sole purpose of promoting consumption of the consumer. Wal-Mart and its quest for capital improvement are playing a major and vital role in the evolution of economic life. Wal-Mart brings positive change to towns in the U.S. They increase competition between retailers, stimulating the economy, and they also bring more capital and tax revenue to at town, some of which desperately need a positive change.

Part of the reason Wal-Mart has not only stayed around but has continued to grow over the years has been its ability to adapt to change in times. This ability has helped them with their environmental

Since the early ages of man there has always been dominating individuals, people that that are either physically stronger, smarter and/or both, compared to others. It is because of these individuals that the human race has survived. The stronger, smarter individuals became leaders and were the guides for the lesser individuals. As is in the case of Walmart, the world's largest corporation, a dominating leader, in the business of offering consumer goods at low prices. Any leader will come under scrutiny at some point during their rule, so it seems natural that Walmart would. In the past few years, Walmart has been criticized publicly for a number of reasons. Though, as with any negative information ever received, one must always consider

Wal-Mart is a public multinational retailing corporation that operates as a chain of discount stores and grocery stores. They also have a successful a subsidiary named Sam's club which is a wholesale store. Wal-Mart was founded by the Walton family. The family is known to be one of the richest families in the world. Majority of their wealth derives from Wal-Mart. The Waltons collectively owns more than half of Wal-Mart with a total wealth of 149 billion dollars. Wal-Mart’s revenue is 485.87 billion dollars in 2016. They employ over 2.3 million workers worldwide and 1.4 million workers in the United States. Services such as Wal-Mart MoneyCard, Wal-Mart pay, Pick up Today and their website. The company is listed on the New York Stock Exchange

Wal-Mart is one of the most successful retailers in the world (Wal-Mart corporate 2012). Currently, there

Wal-Mart company history starts with one man, Sam Walton who started off owning several small rural markets and finally decided to put them all together. In 1962 Sam opens the first Wal-Mart store in Rogers, Arizona. After 7 years of great service, business was going so well that Wal-Mart incorporated in 1969 becoming a well known corporation. In 1970 Sam Walton decides to trade Wal-Mart stock over the counter as a publicly held company. Because of this success in the Wal-Mart company, Sam Walton became known as a brilliant salesman who knew how to run a business.

Wal-Mart is the leading retail firm in the United States that is ranked the first in Fortune 500 index because of its sound business practices and huge profits. The company has

Wal-Mart — the world’s largest most dominant retailer and private employer. Established a highly profitable business centered on a low-cost strategy and utilizes logistical efficiencies to create a competitive advantage. This is a general merchandise discount retailer that was incorporated in 1962 but yet, only established in Canada in 1994.

Founded by Sam Walton in 1962 as a discount city store in Bentonville, Wal-mart was incorporated as Wal-Mart Stores Inc. on October 31, 1969 as an American public corporation that runs a chain of large, discount department stores. Within five years, the company expanded to 24 stores across Arkansas and reached $12.6 million in sales.Wal-Mart further expands outside America and operates in Mexico as Walmex, in the UK as ASDA, and in Japan as Seiyu. It has wholly-owned operations in Argentina, Brazil, Canada, Puerto Rico, and the UK.Presently listed on NYSE, Wal-Mart began trading stock as a publicly-held company on October 1, 1972. According to the 2007 Fortune Global 500, Wal-Mart is the world's largest

According to a recent Forbes article, Walmart continues to prevail as the largest retailer in the world (The World’s, 2016). Walmart is known for selling a variety of retail items at “everyday low prices (EDLP)”, a slogan that is the key foundation to their company’s strategy (Our Business, n.d.). The company puts an immense focus on their prices, to ensure they are offering the lowest price compared to any local competitor.

The company that is listed as number one on the Fortune 500 list is Wal-Mart. This company has much strength that makes it very interesting for investment. Wal-Mart was founded by Sam Walton in the 1950’s and faced competition among many regional discount stores. In 1962 Wal-Mart officially began with its first store in Rogers, Arkansas. Wal-Mart now has over 600 discount stores in the United States and stores located in 28 countries. No matter the size of the company its purpose has not changed over the years. Mr. Sam Walton said, “If we work together, we’ll lower the cost of living for everyone... we’ll give the world an opportunity to see what it’s like to save and have a better

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.