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Save money. Livebetter.
About Wal-mart
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Sam Walton opened the first store in 1962 in Rogers, Arkansas.
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 Within 5 years there were 25 Wal-mart stores earning a totalrevenue of $12.6 million in sales.
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In 1972 Wal-mart was listed in the NYSE.
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In 1991, Wal-Mart became an international company when weopened a Sam's Club near Mexico City. Just two years later, Wal-MartInternational was created.
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In 2005 Wal-mart incorporated sustainability in it’s businessunder their CEO H Lee Scott Jr.
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In August 2007, Wal-Mart and Bharti Enterprises announced anagreement to establish Bharti Wal-Mart Private Limited.
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Mike Duke succeeded Lee Scott as president and chief executiveofficer on February 1, 2009.
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Presently 7,800 stores and club locations in 15 markets employ more than 2 million associates, serving more than 176 millioncustomers a year
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 Wal-mart’s major international operations are in the followingmarkets:
Argentina Brazil CanadaCentral AmericaChile China India Japan
 
 
Save money. Livebetter.
Mexico Puerto Rico U
Vision and Mission
Vision Statement
Saving people money to help them live better.
Mission Statement
Offers the best quality merchandise at the lowest prices in all theirstores, from school supplies, to household items and top quality groceries.
Purpose. . .
 
Sam Walton said it best,
“If we work together, we’ll lower the cost of living for everyone…we’llgive the world an opportunity to see what it’s like to save and have a better life.”
Management Style
Maintain an open-door policy 
Empowering associates
Maintain technology superiority 
 
 
Save money. Livebetter.
Build loyalty among associates, customers, andsuppliers
Business Strategies
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 Same goods for less( charges 2-5%lower price) &still earns profit.
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  Very good operational efficiency.
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Use of IT in all verticals of business
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 Effective use of logistics management
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Global Expansion for new market opportunity 
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Networked to HQ via private satellite in 1983
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 Bargaining power over suppliers
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 Data used to “profile” each market
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 Predicts demand, optimizes stock 
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