Wal-Mart Stores, Inc.: on Becoming the World's Largest Company (2002)

Wal-Mart Stores, Inc.: On Becoming the Worlds Largest Company (2002) I.CASE ABSTRACT Wal-Mart Stores, Inc. is an American-based disregard selling concern headquartered in Bentonville, Arkansas. In 2002, Wal-Mart Stores, Inc., of Bentonville, Arkansas, operated mass merchandise retail injectd under a variety of names and retail formats, including Wal-Mart give the sack department stores; Sams Wholesale Clubs, wholesale/retail membership warehouses; Neighborhood Markets, small grocery/drug store formats; and Wal-Mart Supercenters, large combination grocery and general merchandise stores in all 50 states. It was not only the nations largest discount department store chain but also had surpassed the retail division of Sears, Roebuck and Co. in sales volume as the largest retail firm in the United States. Much of the success of Wal-Mart was attributed to the entrepreneurial spirit of its founder, Sam Walton. Sam Walton built the company from the solid ground up. Many considered him one of the most influential retailers of the century. In the multinational Division, it operated its own stores in Canada, Mexico, Argentina, Brazil, Germany, South Korea, United Kingdom, and Puerto Rico, plus stores in China operated through joint ventures. It was also considered the largest retailer in the world, as measured by annual revenue, with sales for the course of study ending January 31, 2002 of approximately $217.8 billion.

Kmart Wal-Mart______ Sales sack Income Sales Net Income FY 1990 $32,070,000,$756,000$32,601,594$1,291,000 FY 2000$37,028,000($244,000)$191,329,000$6,295,000 FY 2001$36,151,000($2,418,000)$217,799,000$6,671,000 Wal-Mart experienced sales growth of 20% in the pecuniary year 2000. This impressive increase is a direct takings of the companys expansion program. Kmart shows an increase of $4,081,000,000 or 12.72% while... If you want to force back a full essay, order it on our website: Ordercustompaper.com

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