Walmart by Jacob RBS
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Transcript of Walmart by Jacob RBS
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Wal-Mart Stores, Inc., an American multinational retail corporation
Head quarters - Bentonville, Arkansas, US
Founded- 1962,RogersFounder- Sam Walton Chairman - S. Robson WaltonPresident /CEO- Mike DukeRevenue- US$ 469.162 billionOperating income -US$ 27.801 billion Net income-US$ 16.999 billion
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History..
In November of 1962 Wal-Mart was opened.
Wal-Mart became a publicly traded company. The first stock was sold at $16.50
1972- listed on Newyork Stock Exchange as WMT
1983-Sams club opened in Midwest city, Okla
1988-David Glass named CEO
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1991-through a joint venture company Cifra a Mexican retail company Wal-Mart went global, opening Sams club in Mexico City
2000-H. Lee Scott, Jr. succeeded David Glass as CEO.
2000-www.walmart.com founded, facilitated US customers to shop online.
History cont…
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2007-online purchasing facility in world wide
2009-Mike Duke become CEO
2010- Bharati Wal-Mart ,a joint venture with India
2012-Walmart celebrated 50 years of helping people save money so they can live better
History cont…
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Logo’s…
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Global Top Retail Brands
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"The secret of successful retailing is to give your customers what they want. And really, if you think about it from your point of view as a customer, you want everything: a wide assortment of good-quality merchandise; the lowest possible prices; guaranteed satisfaction with what you buy; friendly, knowledgeable service; convenient hours; free parking; a pleasant shopping experience."
- Sam Walton (1918-1992)
Vision…
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"We save people money, so they can live better."
Mission..
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SupercentersDiscount StoresInternational
Sam’s Club Neighborhood
market
Divisions of Wal-Mart
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Wal-Mart BrandsSam choiceGreat valueEquateMain stageOl’ royDr.ThunderSpecial kittyParents choiceWhite stag
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STEP 1-DECIDING COUNTRY-specifics of the business, competitive and economic environments
Acquiring an existing player
(GM,CN,UK,SK,PR,JP)
Starting new stores on own
Joint Ventures(MX,BZ)
STEP 2-DECIDING STRATEGY
Start greenfield operations .(AG,CH)
Global Strategy
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Overall cost leadership
Strong distribution system, Inventory management
Differentiated pricing
IT advantage
Acquiring rivals
Business Strategies
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Supply Chain
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TescoCarrefourMetro A GThe KrogerTarget CorporationCostcoKmart Corporation
Competitors
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Global Market Share In Retail Business
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• Diversity in products & services• Convenient prices & locations• Strong market presence• Customer loyalty• Strong financial performance• Cost and pricing advantages over
rivals• Good supply chain
• Global Expansion: new geographic areas
• Increasing online sales
• Acquiring rival firms
•Low global presence•Behind rivals in e-commerce•Less in EPS
• Intense Competition• Laws and Regulations • Cultural barriers• Slow market growth• Increasing threat from Amazon
online.• High competition with Family
Dollar and Target.
Swot…
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Renewable energy now provides 21% of Wal-Mart's electricity globally, and we became the largest onsite green power generator in the United States.
Wal-Mart and the Wal-Mart Foundation are increasing training, market access, and career opportunities for nearly 1 million women worldwide.
Wal-Mart and the Wal-Mart Foundation gave more than $1 billion to support organizations that impact local communities around the world.
The Wal-Mart Foundation became the first partner of Feeding America to donate 1 billion meals (since 2005).
We saved our customers $2.3 billion on fresh fruits and vegetables since 2011.
Wal-Mart committed to hire any honourably discharged U.S. veteran in his or her first year off active duty.
Corporate Social Responsibility
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