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Wal-Mart

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Information @ a Glance

  • The largest discount retailer in the world and started out as a small chain of stores in rural towns. The store chain was founded in 1962 and currently is one of the largest retailer in the United States.

  • Wal-Mart has 8,500 stores in 15 countries, under 55 different names.

  • Wal-Mart offers good jobs with competitive wages and benefits, and opportunities to build a career.

  • Wal-Mart is accelerating its shopper-centric, growth-focused initiatives by improving its understanding of shoppers’ needs and behaviors and by building a more collaborative business planning process with its manufacturer partners.

  • In 2012: Wal-Mart celebrates 50 years of helping customers save money and live better.

  • Wal-Mart accounts for nearly 10% of all retail sales in US.

  • The primary factors in Wal-Mart's valuation are (1) Sales Growth (2) Net Margin and (3) Capital Allocation.

  • In Wal-Mart, Suppliers falls into categories as follows: National Product Suppliers, Local Product Suppliers, Service and Non-Resale Suppliers, and Direct Import & Global Suppliers.

  • One way to think of Wal-Mart is as a vast pipeline that gives non-U.S. companies direct access to the American market.

  • There is also no question that doing business with Wal-Mart can give a supplier a fast, heady jolt of sales and market share.

  • Wal-Mart is not just the world's largest retailer. It's the world's largest company--bigger than Exxon Mobil, General Motors, and General Electric.

  • Items for sale at Wal-Mart are often priced at far less than is available at other stores.

  • Wal-Mart replaces cash registers with computerized point-of-sale systems, enabling fast and accurate check out.

  • Some of the stores are considered Super Wal-Marts and they typically provide a grocery store & automotive repair shop for customers.

  • The challenge for Wal-Mart, like many retailers, is to strike the right balance between customization and
    efficiency.

  • Wal-Mart introduced its firsts mall-format store,called Wal-Mart Express.

  • Wal-Mart turned to technology, first for collecting and analyzing sales data and then for transmitting orders to suppliers with electronic data interchange.

  • At Wal-Mart, Successful inventory management, an important part of maintaining low prices requires up-to-date information about sales as well as good communication with suppliers.

  • By 2023, Wal-Mart plans expected to reach its $50 billion commitment.

  • While comparing with competing retail outlets, Wal-Marts sell a wide array of products at lower prices.

  • Wal-Mart is a Spreading business to more than one country & profitable but requires high expertise and a strong financial.

Entrepreneur who want the information such as "Technology, Agreement, Contacts, India, Suppliers, Standards, Procedures, Retailers, Return Policy, Registration, Software Interaction, Annual Report, Case-study  " about  Wal-Mart can email us to informer@eth.net, primaryinfo@gmail.com.

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