Walmart Case Study

In 1950, Sam Walton purchased a store and opened Walton’s 5 & 10 in Bentonville, Arkansas. This later became the home office of the now multi-billion dollar company. As business became more successful, Walton opened more stores and renamed the chain “Wal-mart.” Now, Walmart has stores all around the globe, with 5,229 stores in the US alone. It is considered the largest retail company in the world.

Businesses especially those that operate in the same industry always try to emerge the best in the market by adopting different strategies so as to become more competitive. In the retail industry where goods move in volumes, proper management of the inventory can make a big difference by making a company to be more competitive as compared to the others. In most retail business, manipulation of the supply chain functions is one of the strategies that are used to give a retailer a competitive edge over its competitors. This research paper will compare how TJ Maxx and Ross manipulate their supply chain functions to gain a competitive edge over each other. Based on the available facts, the paper will make a determination on which of the companies

In 1987, Wal-Mart marked its 25th anniversary with 1,198 stores, sales of $15.9 billion and 200,000 employees. In 1988, Wal-Mart had stores in 29 states. In 1990, Wal-Mart became the nation’s number 1 retailer.

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

Walton opened his first Walmart in Rogers, Ar July 2, 1962. In 1969 Wal-Mart was incorporated. In January 1970 walton and his brother owned eighteen Walmart stores and Fourteen Ben Franklins. In 1976 walton had closed of his Ben Franklin stores leaving him with just Walmart stores. 1980 Walton had 330 walmarts in operation. Ten years later 1990 Walton and his brother owned 1,573 Stores, The annual sales were $25.8 Billion. In 1991 walmart was the nationals largest retail seller with 1,700 Stores. In 1997 Walmart surpassed $100 Billion in sales. Walton became a management leader. Waltons Net Worth Estimated $21 to $23

Sam Walton made a decision to sell high volumes of the products he would carry, and keep the sale prices lower than his competitors to reduce his profit margin. He was inspired by the success of other discount department stores and hired an assistant Bob Bogle, who came up with the name Wal-Mart (Dutton, 1990). By 1967, the company had grew to a total of 24 stores across Arkansas. Shortly after, Walton moved the stores to different states in Missouri, and Oklahoma. Once the 70s hit, Wal-Mart boomed into 5 more states and had over 10,000 employees. This was also when Wal-Mart started to branch into different niche segments of the market. Some examples of these are the auto care center, pharmacy, and jewelry selections. By 1982, Walmart had expanded into Florida, Georgia, South Carolina, and Nebraska. This was also when Sam Walton implemented the “people greeters” in all of their stores, which was a huge hit in the public 's eye. Because of their extreme expansion and all inclusiveness about their stores, Wal-Mart in 1988, became the most profitable retailer in the United States. Although it did not surpass Kmart, and Sears in terms of items purchased until late 1990. By 1991, Wal-Mart had expanded to all 50 states and would go international with its first store outside

With 882 stores and $8.4 billion of sales and 104,000 associates in 1985. Walmart expanded into Wisconsin and Colorado being the first stores to open in Minnesota in 1986. During Walmart’s 25th anniversary in 1987, Walmart was able to track inventory, sales and send instant communication to their stores. As the technology advanced they had equipped 90% of their stores with barcode readers. In 1988, Sam Walton stepped down as Chief Executive Officer and made David Glass Executive Officer instead.

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

In 1970, Sam Walton the founder of Wal-Mart implemented an extremely significant warehouse distribution system. This new system evolved into Wal-Mart Stores Inc. and in that same year the company was publicly traded on the New York Stock Exchange. The company began to expand extremely rapidly throughout the 70’s. During this period Wal-Mart started incorporating pharmacies and auto service centers into its stores which incited even more growth. By 1979, there were 276 Wal-Mart stores in 11 states. During the early 1980’s Wal-Mart’s

In 1962, Wal-Mart was built sometime by Sam Walton in Roger, Arkansas. Wal-Mart has 5,100 stores and clubs all over the United States and a sum of 8,300 unit's global. The company was able to employ something like over 2 million associates from all over the world and about 2.4 million in the United States. Wal-Marts average annual total income rate was somewhat in excess of 10% for the three years from the fiscal year that is ending 2009 to the fiscal year ending 2011 (Blanchard, 2008). Research shows that they also had what was known as a stock split of 100 %; Wal-Mart was able to see this split 12 times all through the eras of 1973 through 2002. They have received many awards and were categorized 5th in Fortune magazine's "Global Most Well-regarded All-Stars" as the third most appreciated corporation in America (Wal-Mart, 2013)

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

Walmart is equally ranked among the highly valuable companies, in terms of market value, as well as the biggest grocery retailer where it generates more than 51% of its sales from the grocery business. This paper explores Walmart’s operation management with regard to supply chain characteristics, global business operations, production processes, the company commitment to quality and excellence, inventory methodologies, operational planning and movement towards lean processes (Massengill, 2013).

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

Bustillo (2010) gives a background on how Walmart commenced operations in 1962 as a local discount store in Rogers, Arkansas. Furthermore, how it was originated by Sam Walton who successfully ran a retail store called Walton’s Five and Dime, an extension of a franchise store called Ben Franklin. Then after five years, Mr. Walton completed 24 stores across Arkansas with annual sales of $12.6 million. In 1968, Walmart expanded outside the state to Missouri and Oklahoma. In October 31, 1969, Wal-Mart was incorporated as Walmart Stores, Inc. Bustillo (2010) further explains that in the next year, the retailer consisted of 38 stores with 1,500 employees with sales totaling over $44 million. Walmart became public trading company on NYSE with a stock split the following year at $47 per share. By 1975, sales totaled just over $340 million and growing rapidly. The store celebrated its 25th anniversary in the 1980s, highlighting its sales of $16 billion and 200,000 employees. Walmart invested $24 million for new technology of a satellite network to track inventory and sales to its corporate office in Bentonville, Arkansas. This gave a great competitive edge as they developed its first super store which opened in Washington, Missouri. By late 1990s, the store expanded operations to overseas. In the UK, Walmart purchased ASDA retailer for $10 billion. In 2000, Walmart sales grew to $165 billion. Two years later, it was listed as Americas largest corporation by the Fortune

A. Wal-Mart realized through third party studies and internal research that the Chinese customer were significantly more cost-sensitive than those in other countries and that there existed a strong, established culture of frequently shopping around to find the absolute lowest prices. Through these studies, Wal-Mart also realized that customer satisfaction level greatly influenced customer loyalty in China. The greatest determinant of this satisfaction was made up of perceived value. The perceived value is composed of three sub factors: (1) Product price, (2) Relative price and (3) Promotion. The other factors for customer satisfaction in descending order of its importance are Image,