Wal-Mart: The High Cost of Low Price.

Masters
Case Study
Miscellaneous
Pages 9 (2259 words)
Download 0
Wal-Mart Stores (Wal-Mart), the largest retail chain in the world, operates retail stores in various formats, including supercenters, discount stores and neighborhood markets. Wal-Mart operates over 6,000 stores in the US and 13 international markets including the UK, Canada, Japan, Mexico, Brazil and China…

Introduction

The operating profit of the company was $18,530 million during fiscal year 2006, an increase of 8.4% over 2005. The net profit was $11,231 million in fiscal year 2006, an increase of 9.4% over 2005.
Wal-Mart Stores (Wal-Mart) is the world's largest retailer. The company operates retail stores in various formats. It operates more than 6,000 stores in the US and 13 international markets including the UK, Canada, Japan, Mexico, Brazil and China. The company retails a broad range of merchandise and services at low prices.
Neighborhood Markets offer a full-line supermarket and a limited assortment of general merchandise. The company has 100 neighborhood markets in about 15 US states, offering a variety of products, including fresh produce, deli foods, fresh meat and dairy items, health and beauty aids, one-hour photo and traditional photo developing services, drive-through pharmacies, stationery and paper goods, pet supplies, and household chemicals. Neighborhood markets average 42,000 square feet in size, employ 95 associates on average and offer about 29,000 items.
The company operates more than 550 Sam's Club in 48 US states. Sam's Club is a membership warehouse club, serving both individuals and businesses. Individuals, other than business owners, can become Advantage members. ...
Download paper
Not exactly what you need?

Related papers

Wal-Mart Stores
Walton, from the very beginning, believed that happy and satisfied employees performed well and were responsible for happy customers. Wal-Mart's success in human resource management is keeping their workforce of 1.3 million or more from unionizing. In addition to that, Wal-Mart has achieved a very good retention rate of their employees and has also ensured discipline and uniformity in an…
Sociology - Wal-Mart
Eventually, the only thing that is left is Wal-Mart, and the people have no choice left but to shop there. This can cause an effect similar to a monopoly in a small town. People may have no stores for miles except for Wal-Mart because ever place has had to close because it couldn't compete with Wal-Mart. This then leaves people with no choice BUT to shop at Wal-Mart, and this only continues the…
Wal-Mart: The High Cost of Low Price.
The operating profit of the company was $18,530 million during fiscal year 2006, an increase of 8.4% over 2005. The net profit was $11,231 million in fiscal year 2006, an increase of 9.4% over 2005.…
Wal-Mart Effect by Charles Fishman
This gives Wal-Mart the benefit of huge economies of scale, which they enlarge to lower prices. Because of the size of the retailer, this puts Wal-Mart into a position of a monopsonist extracting rents from their suppliers, and then acting as a near monopolist in the final retail goods market. A few companies such as Dial do over a quarter of their commerce with Wal-Mart. Wal-Mart dictates the…
Wal-Mart Essay
The company structure and corporate culture are based on a low-cost ideology that permeates all aspects of Wal-Mart's operations. The flat organizational structure enhances cost containment, short reporting lines and efficiency of operations. The customer is central to Wal-Mart's business, with additional focus on superior customer service and price cuts to attract low income target groups.…
Wal-Mart
(Wal-Mart)…
Wal-Mart: The High Cost of Low Price Exposition
The film ended with interviews of community leaders in different states that have voiced out their disaffirmation of having Wal-Mart established in their boundaries.…