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A REPORT

ON WALMART
INCORPORATION

Student: Viet Tung Nguyen


TABLE OF CONTENT

01.
- Introduction
- Timeline
- Main business types
- Management board
- Mission, Vission and Objectives
- Achievements

02.
Definition of strategy
- The adoption of digital transformation
in supply chain management
- Evaluate the effectiveness of the strategy
- Conclusion
INTRODUTION
- Walmart Inc. is the largest retailer in the world
today. It is a retail global firm with a significant
number of department and warehouse stores
all over the world.

- Walmart’s name was changed from Wal-Mart


Stores, Inc. to Walmart Inc. in 2017, which stood
for Walmart Incorporation.

- Sam Walton created the corporation in 1962


in Arkansas, United States of America, and it
was incorporated on October 31, 1969 under
the Delaware General Corporation Law.

- Walmart’s headquarters are in Bentonville,


Arkansas, where the first Walmart stores
opened. In 1972, Walmart was listed on the New
York Stock Exchange (WMT) and had $78 million
in revenue with 51 shops. Walmart’s expansion
size rose from 276 locations and 21,000 workers
in 1980 to 2.3 million associates in over 11,000
stores in 27 countries by 2015.
TIMELINE
MAIN BUSINESS
TYPES
Walmart’s main business types are retail and wholesale,
which is a sub-sector. Customers can purchase things from
Walmart in a variety of categories, including food, fashion,
furniture, home appliances, and electronics. Walmart U.S.,
Walmart International, and Sam’s Club are the company’s
three different business segments. Walmart runs retail
locations in the United States, which is the company’s home
market. Walmart’s U.S. eCommerce website, walmart.com,
is also included in this division. Walmart International and
Sam’s Club are two of the company’s business divisions
that generate revenue from retail, wholesale, membership
club, and online product sales.
MANAEMENT BOARD
MISSION, VISSION
AND OBJECTIVE
- The vision of Walmart Inc. is to “Be
the place for people to save money,
no matter how they want to shop.”
The company’s investor community
conference in 2017 publicly expressed
this aim. “To be the best retailer in the
hearts and minds of consumers and
workers,” the company’s prior vision
statement read. The shift in Walmart’s
corporate vision reflects strategic
changes made in reaction to shifts in
the competitive landscape and the
state of the retail industry as a whole.

_ Walmart’s mission: The corporate mission of Walmart Inc. is “to


save people money so they can live better.” This statement em-
bodies the company’s founder, Sam Walton’s, principles. This goal
statement, which is associated with the company’s tagline, “Save
money. Live better,” is a direct embodiment of strategic business
decisions.
_ Walmart’s objectives are as follows: Walmart has three broad
aims that it wants to achieve:
+ Increasing the affordability and accessibility of high-quality
health care.
+ Reducing consumers’ energy costs through ethical and
environmentally responsible. Procurement around the world,
including China.
ACHIEVEMENTS

+ In 1980, Walmart reached $1 billion in annual sales, faster than


any other company at that time.
+ In 1990, Walmart is the nation’s No.1 retailer. Everyday Low
Prices expands internationally as the Walmart Supercenter
redefines convenience and one-stop shopping.
+ Walmart has ascended to the top of the Fortune 500 list of
America’s largest corporations for the first time in 2002.
+ For the first time, Walmart exceeds $400 billion in annual
sales by 2009.

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