Wal-Mart Organization/Industry Overview

In today?s society, Wal-Mart is known as one of the lead story competitors of retailing. Wal-Mart was incorporated in 1962, with the goal of becoming the demesne?s biggest and best in the retail world. Over the years, this company has real into a brand image and market pace to be one of the biggest known industries of all time. Wal-Mart is double the size of its nestled competitor with the motto ?Save Money. Live Better.? The owner, Sam Walton, express it best ?If we work together, we?ll lower the cost of living for everyone?we?ll break-dance the world an opportunity to see what it?s like to carry out and have a better life? (Walmart.com, 2009).

Industry Overview & international ampere; HistoryThe 1970?s produced a huge puzzleth for Wal-Mart and the distribution philia and home office was created. Throughout the following years Wal-Mart go along to sell shares and open new stores in new states. By the mid 80?s Wal-Mart had grown to be a billion dollar company with it own personal Wal-Mart satellite Network (Walmart.com, 2009). In the 90?s Wal-Mart leaped out into the world internationally into Mexico, Canada, China, Argentina, and Brazil. From then on the company has continued to grow and branch out into new surrounding and countries such as Germany and the United Kingdom.



?The 3,000th international store, a Supercenter in Sao Paulo, Brazil, opened in November 2007, which raised Wal-Mart?s ownership to 95.1 percent?(Walmart.com, 2009).

Wal-Mart continues to be approach with high levels of completion in this high-speed economy. The company faces two local and international competition every day. Many competitors allow but are not limited to be vanquish Buy, Costco, Target, Kmart, Sears, Carrefour, and Kroger?s. Wal-Mart has also started to produce its own line of products to sell, called store brand. Whenever Wal-Mart offers customers a wide number of merchandise,

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