WORLD͛S LARGEST RETAIL COMPANY

? Company͛s founder: Sam Walton.

? Started by opening "Walton's Five and Dime", a Ben
Franklin franchise in Bentonville, Arkansas.
? Company Incorporated as Wal-Mart Stores, Inc. on
October 31, 1969.
? Walton's assistant, Bob Bogle, came up with the
name "Wal-Mart͞
? Began trading stock as a publicly held company on
October 1, 1970, and on the NYSE
Wal-Mart History (Continued͙)
? First corporate acquisition: Mohr-Value stores
in Michigan and Illinois.

? In 1978 branched out into several new markets,

launching its pharmacy, auto service center,
and jewelry divisions.

? April 1983: First Sam's Club store, a membership-

based discount warehouse club, in Midwest City,
Oklahoma

? 1988: First Wal-Mart Supercenter opened

in Washington, Missouri
 History (Continued͙)

' Wal-Mart suffered a setback in 1992, when Walton

died.

' But it continued its growth in the 1990s, focusing on

overseas stores.
1992, Mexico (joint venture with Cifra)
1994, Canada (acquired 122 Woolco stores from
Woolworth)
1997, Germany (acquired 21 store of Wertkauf)
Korea, Brazil, and so on.
' Ranked first in the Global Fortune 500 list in 2001-
2002 financial year
 Specialty Division W
Retail Division
* Tire & Lube Express
A * Wal-Mart Stores
* Wal-Mart Optical
* Super centers
* Wal-Mart Pharmacy L * SAM'S CLUBS
* Wal-Mart Vacations
* Wal-Mart's Used Fixture Auctions
M * Neighborhood Market
* International walmart.com
* Wal-Mart Alaska Bush Shopper A
R
T
B2B Single firm network Business Model
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B2C E-Tailer Business Model


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Wal-Mart employs Sales revenue model as it is

mainly involved in sale of goods and services.