Walmart Swot Analysis : Walmart Essay

Walmart is known throughout the entire world as one of the most popular chain department stores. Actually, most have probably visited a Walmart store in the past week. Though Walmart stores seem to be a normal part of life the average person more than likely has little knowledge that pertains to Walmart’s success and business culture. This paper will guide one through the history of the organization, why Walmart is successful, what could threaten or open new opportunities, and how might they hold a competitive advantage.

This paper will provide insight into the strengths, weaknesses, opportunities, and threats of the Walgreens Company, the nation’s leading drugstore chain. The company’s key stakeholders – customers, employees and the community are also identified and an explanation provided as to how the company is satisfying the needs and wants of each stakeholder type. This paper analyzes the strengths of the company as the industry leader with its wide portfolio of products and services, as well as establishing the benchmark for growth through acquisitions. The company’s weaknesses include prescription errors resulting in death and being unable to keep

CVS and Walgreens continue to fight as top competitors in a growing market. CVS has over 7,000 stores nationwide and is expanding, as is Walgreens today with over 8,000 stores. This market isn’t particularly easy to enter as a major player in the market early because of all the work that needs to be put in to install as many brick and mortar stores or get that much of the market share in a short amount of time. It takes many years to be truly established as a pharmacy chain as Walgreens has experienced, being founded in 1901 and CVS being founded in 1963. This is why the barriers to entry are somewhat high because of the high fixed costs with the construction of brick and mortar stores.

The early years of the Walgreens organization focused on expanding the footprint of the operation. (Wagner & Orvis, 2013) To support this expansion Walgreens used a “command and control” strategy as a means of exercising leadership and communicating with employees. (Wagner & Orvis, 2013) As the competitive landscape began to change, Walgreens recognized that it too needed a makeover. (Wagner & Orvis, 2013) New competition entered the market such as mail order pharmacies, big box retailer pharmacies, and internet options such as Google and Amazon were selling the same products as Walgreens. (Wagner & Orvis, 2013) The healthcare industry was changing. Heightened by the passage of the Affordable Care Act, Walgreens recognized that it needed

Walgreens has to have business objectives and they are to be the best pharmacy retail store, walgreens wants to be the first choice when it comes down to either Walgreens or CVS. Walgreens wants to offer many different types of services to cater any need a customer might need. Walgreens wants its employees to give ECC (Extraordinary Customer Care) to every single customer so it feels like a family oriented business. According to the Annual Report of 2015 the main goal for walgreens is “to help people across the world lead a healthier and happier lives”(Annual Report). Now talking about walgreens financial strategy according to Rob is the financial strategy is to try to sell everything for a price, meaning if an item is supposed to be B1G1

Wal-Mart is a large and powerful corporation that uses its retail stores as its primary means of income and profit. The sheer size and influence this company possess on the global marketplace makes it a useful candidate for strategic management analysis. The purpose of this essay is to internally analyze Wal-Mart Corporation using SWOT methods to gain further knowledge about business operations and strategic planning. This essay will investigate the strengths of the company, explore the competitive advantages that this company possesses and finally determine some of the internal weaknesses that Wal-Mart faces.

The ‘Fortune 500’ is a list of top 500 companies, with the highest gross revenue in the United States. The list is complied and published on an annual basis by the Fortune magazine, and it includes both publicly and privately held companies arranged in decreasing order of their gross revenue adjusted for excise taxes. The Fortune 500 list was first was published in 1955, and originally included only manufacturing, mining, and energy industries, but now it has been extended to include service companies as well such as life insurance companies, commercial banks, retailers, transportation etc.

With around 5000 retail outlets worldwide, operating in more then a dozen countries and with over US$286 billion in annual sales, Wal-Mart is the top retail chain and number one fortune 500 company in the world. Wal-Mart is the top employer in the U.S. with 1.3 million employees, “the company accounts for 9 cents of every US retail dollar and sells around 20 per cent of the nation’s groceries and pharmaceuticals.” (Times News Network).

Wal-Mart is the world's largest retail and departmental store chain. Having business operations in 27 countries with 69 different brand names, Wal-Mart is able to serve a huge number of customers per day. Wal-Mart is the fastest growing and the most successful retail brand in the world. The factors which make it the strongest brand in its industry include large customer base, sound financial strength, strong brand image, and huge supply chain network. Wal-Mart has certain weaknesses in its operations and business setup like low acceptability of certain products, high employee turnover, and less recognition of newly introduced brands. These weaknesses can be overcome by availing attractive opportunities from the market and investing more in the most profitable areas. Wal-Mart faces the biggest threat from its competitors and ever-changing customer preferences.

Walmart and Amazon have become global, household names in the US and for good reason: both of these companies have revolutionized the way in which we shop. Amazon offers a convenient experience, and an ever-expanding selection of products whereas Walmart has a wide network of store locations and famously low prices. As investments, these companies highlight the dichotomous nature of the retail industry – brick-and-mortar vs e-commerce; high growth vs steady growth; US vs International; actual vs market expectations. This report provides an in depth comparative analysis between Walmart and Amazon. We will first summarize the industry and these companies, followed by an analysis of market position and financials, and finally an

A few reasons as to why Wal-Mart became a leader in the retail industry is due to their practices in obtaining competitive advantage by offering the lowest prices for the market. Wal-Mart built their practices by giving suppliers transparency to meet the demand of customers and granting them long-term relationships by purchasing goods in bulks. In addition, their turn times on inventory are three-five days faster than regular competitors. The inventory shelves are similar to Honda since they only hold up to four hours of inventory in their manufacturing site. Also, Wal-Mart holds their own transportation which is why they can manage their costs efficiently for the company. Their transportations system constitutes links between suppliers, distribution centers and retail stores. They have restrictive criteria for drivers where in order for them to be hired they would have to be accident free for a consistency of minimum 300,000 miles accident free. The supply chain practice that they have gained since they began the business was strategically faster and cheaper than all competitors. 85% of Walmart’s inventory is taken care of by their own transportation system and only about fifteen percent is taken care of by the suppliers through cross-docking. Wal-Mart uses

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

Ans:Wal-Mart,Inc runs a chain of large, discount department stores.it is the world’s largest public corporation by revenue. Walmart is the largest private employer and the largest grocery retailer in the United States. Walmart is one of the best known industries all over the world. Its concentration of a single business strategy is the basis of its success over the decades by this strategy without having to rely upon diversification to sustain its growth and competitive advantage. The leading marketing strategies of Wal-Mart are low prices, service and smile. However by adapting this strategy, it has risked itself by putting all of a company’s egg in one industry basket. While its global strategy worked elsewhere, the results were bad in Germany and Korea that Wal-Mart withdrew from those countries.

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).

To be the world 's largest low cost store that carries all types of merchandise for all possible consumers.