Professional Documents
Culture Documents
Within 5 years there were 25 Wal-Mart stores earning a total revenue of $12.6
million in sales.
In 2005 Wal-Mart incorporated sustainability in it`s business under their CEO H Lee
Scott Jr.
Mike Duke succeeded Lee Scott as president and chief executive
officer on February 1, 2009.
Wal-Mart Super Center.
Market Side.
BUSINESS MANTRA
Wal-Mart operated according to following rules :
1. Commit to the business
2. Share the profits with all associates
3. Motivate your partners, vendors, and suppliers
4. Communicate everything about the business to everyone in the
company
5. Appreciate the associates and let them know they are
appreciated
6. Celebrate success
7. Listen to everyone
8. Exceed expectations
9. Control expenses
SWOT ANALYSIS
STRENGHTS
Wal-Mart Stores, Inc. is the world's largest retailer, with $256.3 billion in
sales in the fiscal year ending Jan. 31,2004. The company employs 1.6
million associates worldwide through more than 3,600 facilities in the
United States and more than 1,570 units.
Powerful Retail Brand
Financial Position
Leadership Consistency
WEAKNESS
No Mission Statement
Criticisms
OPPORTUNITIES
Take over and Mergers
New locations
THREATS
Competition: locally and globally.
Political problems
Aggressive pricing
Customer relationship
Supplier relationships
Expansion