copy of walmart frontline
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PRESENTATIONON
WAL-MART RETAILCHAIN
PRESENTED BYASHISH GUPTA
M.B.A- SEC-AG.L.A.I.T.M (Mathura)
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Wal-Mart Basics Wal-Mart Stores, Inc.
TYPE - Discount department store/Public
Founded- Rogers, Arkansas, USA (1962)
Headquarters- Bentonville, Arkansas, USALeeds, West Yorkshire, UK, (ASDA)
Key people- Sam Walton (19181992), Founder
John Menzer, CEOS. Robson Walton, ChairmanTom Schowe, CFO Industry Retail
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Products - Discount Stores, SupercentersNeighborhood Markets
Revenue US$ - 351.1 billion (2007)
Net income US$ - 11.3 billion (2007) Total assets US$- 151.193 billion (2007)
Total equity US$ - 61.573 billion (2007)
Employees - 1.9 million (2007) Slogan - Save Money, Live Better. (U.S.)
WE SELL FOR LESS every day! (Canada)
Website - http://www.walmart.com/
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Wal-Mart Stores, Inc. is an American public corporation that
runs a chain of large, discount department stores.
It is the world's largest public corporation by revenue,according to the 2007 Fortune Global 500 .
It was founded by Sam Walton in 1962, incorporated onOctober 31, 1969, and listed on the New York Stock Exchangein 1972.
It is the largest private employer in the world .
Wal-Mart is the largest grocery retailer in the United States,with an estimated 20% of the retail grocery and consumables
business, as well as the largest toy seller in the U.S., with anestimated 22% share of the toy market.
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1960s
1962 - Companyfounded with opening offirst Wal-Mart in Rogers,Ark.
1967 - Wal-Mart's 24stores total $12.6 millionin sales.
1969 - Companyincorporated as Wal-Mart Stores, Inc. on Oct.31.
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1970s 1970 - Wal-Mart opens first distribution
center and home office in Bentonville, Ark.
1970 Wal -Mart stock first traded overthe counter as publicly-held company.
1971- First 100 percent stock-split in May.Market price: $47.
1972 - Second 100 percent stock split inMarch. Market price: $47.50.
1975 - Third 100 percent stock split inAugust. Market price: $23.
1977 - Wal-Mart makes first acquisition, 16
Mohr-Value stores in Michigan and Illinois.
1979 Wal -Mart is the first company toreach $1 billion in sales in such a shortperiod of time: $1.248 billion. Wal-Mart
now has 276 stores, 21,000 associatesand is in its 11th state: Alabama.
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1980s 1980 - Fourth 100 percent stock split in
November. Market price: $50.
1981 - Wal-Mart makes its secondacquisition with 92 Kuhn's Big K stores.
1983 - Sixth 100 percent stock split in June.Market price: $81.625.
1983 - For eighth year straight ForbesMagazine ranks Wal-Mart No. 1 among
general retailers.
1984 - Sam Walton does the hula athigh noon on Wall Street, making goodon promise to associates after companyachieves pre-tax profit of 8 percent in1983.
1985 - Seventh 100 percent stock split
in September. Market price: $49.75.
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1985 - Wal-Mart has 882 stores with salesof $8.4 billion and 104,000 associates.Company adds stores in Wisconsin andColorado.
1987 - Eighth 100 percent stock split inJune. Market price: $66.625.
1987 - Wal-Mart's 25th anniversary: 1,198stores with sales of $15.9 billion and200,000 associates.
David Glass named chief executiveofficer of Wal-Mart Stores, Inc.
1988 - First Supercenters opened inWashington, Mo.
1988 - Ninety percent of Wal-Mart
stores have bar-code scanningcapabilities.
1989 - Wal-Mart is now in 26 stateswith the addition of Michigan, West
Virginia and Wyoming.
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1990 - Ninth 100 percent stocksplit in June. Market price: $62.50.
1991 - "Sams American Choice"
brand products introduced.
1991- -International marketentered for first time with the
opening of two units in MexicoCity.
1992- President George Bushpresents Sam Walton with theMedal of Freedom.
1992 - Sam Walton passes awayApril 5.
1990s
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1992 - S. Robson Walton namedchairman of the board April 7.
1993 - Wal-Mart Internationaldivision formed with Bobby Martinas president.
1993 - Tenth 100 percent stock splitin February. Market price: $63.625.
1994 - 3 value clubs open in HongKong. Canada has 123 stores andMexico has 96.
1994 - 122 Wool co stores inCanada acquired.
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1995 - Wal-Mart Stores, Inc. has1,995 Wal-Mart stores, 239
Supercenters, 433 Sam'sClubs and 276 International storeswith sales at $93.6 billion and675,000 associates.
1996 - Wal-Mart enters Chinathrough a joint-venture agreement.
1996 - Wal-Mart has first $100billion sales year, with salestotaling $118.1 billion for 1997 perAR 98.
1997 - Wal-Mart introduces OneSource nutrition centers.
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1998 - Wal-Mart exceeds $100
million in annual charitablecontributions, with donationstotaling $102 million.
1998 - Wal-Mart enters Koreathrough a joint venture agreement.
1999 - Wal-Mart has 1,140,000
associates, making the companythe largest private employer in theworld.
1998 - Wal-Mart introducesNeighborhood Market concept with
three stores in Arkansas.
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1999 - Wal-Mart acquires the ASDAGroup plc. in the United Kingdom
(229 stores).
1999 - Wal-Mart ranked #1Corporate Citizen in America in the1999 Cone/Roper Report, an annualnational survey on philanthropy andcorporate citizenship.
1999 - Eleventh 100 percent stocksplit in March. Market price: $89.75.
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2000s 2000 - Wal-Mart ranked 5th by
FORTUNE magazine in its Global MostAdmired All-Stars list.
2000 - H. Lee Scott named presidentand CEO of Wal-Mart Stores, Inc.
2001 - Wal-Mart named by
FORTUNE Magazine as the 3rdmost admired company in America.
2002 - Wal-Mart received the 2002
Ron Brown Award, the highestPresidential Award recognizingoutstanding achievement inemployee relations and communityinitiatives.
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2002 - Wal-Mart ranked #1on the FORTUNE 500 listing.
2002 - Wal-Mart has thebiggest single day sales inhistory: $1.43 billion on the
day after Thanksgiving.
2003 - Wal-Mart named byFORTUNE magazine as themost admired company inAmerica.
2004 - FORTUNE magazineplaced Wal-Mart in the topspot on its "Most AdmiredCompanies" list for thesecond year in a row.
2005-Wal-Mart Stores, Inc.leads the corporate drive to
assist in U.S. hurricane reliefefforts with $18 million in cashdonations.
2005 - In McKinney, Texas,and Aurora, Colorado, Wal-Mart creates experimentalstores that save energy,
conserve natural resources,and reduce pollution.
2005-Wal-Mart launches theAcres for America program,
which will conserve criticalwildlife habitats for futuregenerations.
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Awards & Accolades Wal-Mart was named one of the Top 10 U. S. Companies for Asian-
Americans by Asian Enterprise magazine in 2007.
In 2007, Working Mothermagazine named Wal-Mart as a 2007 BestCompany for Multicultural Women.
Wal-Mart was named to the Diversity Inc Top 50 Companies For Diversitylist for 2007.
In 2007, Wal-Mart received the Spirit of Excellence Corporate Award fromthe American Bar Association.
In 2007, the National Association of Female Executives recognized Wal-Mart as one of the Top Companies for Female Executives.
In 2007, Wal-Mart was recognized for excellence in corporate philanthropywhen it received The Salvation Army's Evangeline Booth Award.
In 2006, Wal-Mart was named one of The 40 Best Companies for
Diversity by Black Enterprisemagazine.
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SUBSIDIARIESWal-Mart's operations primarily comprises three
retailing subsidiaries: Wal-Mart Stores Division U.S.
Sam's Club, and
Wal-Mart International
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Wal-Mart Discount Stores:
Founder Sam Walton opened his first store in 1962,
Wal-Mart now has more than 1,000 discount stores in theUnited States.
Wal-Mart discount stores offer a variety of quality, value-priced general merchandise and a pleasant, convenient
shopping experience. The discount stores average 107,000 square feet, employ
an average of 225 associates and offer 120,000 items.
The stores feature wide, clean and stocked with quality
items including: family apparel, automotive products,health and beauty aids, home furnishings, electronics,hardware, toys, sporting goods, lawn and garden items, petsupplies, jewelry, and house wares .
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Wal-Mart discount
department store
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Wal-Mart Supercenters Developed in 1988 to meet the growing demand for one-stop family
shopping.
Wal-Mart Supercenters today number more than 2,300 nationwide and mostare open 24 hours a day for the ultimate in convenience.
Supercenters save customers time and money by combining full grocerylines and general merchandise under one roof at Wal-Marts signature EveryDay Low Prices.
In addition to general merchandise, Supercenters feature bakery goods, delifoods, frozen foods, meat and dairy products, and fresh produce.
Supercenters also are home to many specialty shops such as vision centers,
Tire & Lube Expresses, Radio Grill, McDonalds or Subway restaurants,portrait studios and one-hour photo centers, hair salons, banks, andemployment agencies.
Supercenters average 187,000 square feet, employ 350 or more associates
on average and offer 142,000 different items.
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Wal-Mart Supercenter in Madison Heights, Virginia
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Wal-Mart Supercentre in Canada
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Wal-Mart Neighborhood Markets Neighborhood Markets offer a convenient shopping experience for
customers who need groceries, pharmaceuticals and generalmerchandise.
Generally, they are located in markets with Wal-Mart Supercenters,supplementing a strong food distribution network and providing addedconvenience while maintaining Wal-Marts Every Day Low Prices.
First opened in 1998, the now more than 120 Neighborhood Markets,averaging 42,000 square feet, feature a wide variety of products,
including - fresh produce, deli foods, fresh meat and dairy items,health and beauty aids, one-hour photo and traditional photodeveloping services, drive-through pharmacies, stationery and papergoods, pet supplies, and household chemicals.
Neighborhood Markets employ 95 associates on average and offerabout 29,000 items.
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Wal-Mart Neighborhood Market in Winter Springs,
Florida
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Sams Club
At Sams Club we exist solely to help small businessowners succeed nationwide. Each day more than 584Sams Club locations, averaging 132,000 square feet.
According to the U. S. Small Businesssmall businesses represent 99.7 percent of all employersand have generated 60 to 80 percent of net new jobsannually Owners and operators of local businesses such
as offices, child care, schools, restaurants, motels,vending companies, churches, contractors and beautyshops stand to gain the most from Sams Club, whichoffers a convenient and cost-efficient warehouse for these
businesses to purchase materials and supplies. Each Sams Club employs an average of 160 to 175
associates .
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Wal-Mart store in Mexico City
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Wal-Mart store in Shenzhen,
China
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Wal-Mart's UK subsidiary, ASDA
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Those who disagree with opening a
Wal-Mart in Ashland
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Weekly MarketsVillage Fairs
Melas
Convenience StoresMom andPop/Kiranas
PDS OutletsKhadi StoresCooperatives
Exclusive BrandOutletsHyper/Super MarketsDepartment StoresShopping Malls
Traditional/PervasiveReach
GovernmentSupported
Historic/RuralReach
Modern Formats/International
Source ofEntertainment
NeighborhoodStores/Convenience
Availability/ LowCosts /
Distribution
ShoppingExperience/Efficiency
EVOLUTION OF RETAIL
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WAL-MART IN INDIA Wal-Mart enters India in 50:50 JV with Bharti.
The first of the stores, which will sell groceries, consumerappliances and fruits and vegetables to retailers and smallbusinesses, is slated to open in north India by the end of 2008.
Bharti Retail, the 100-per cent subsidiary of Bharti Enterprises,
that will own and manage the retail stores, has entered into afranchise agreement with Wal-Mart which will provide technicalsupport to Bharti retail .
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We are delighted to partner with Wal-Mart
for wholesale cash-and-carry and back-end supply chain management operationsin India," Sunil Bharti Mittal, chairman
and Group CEO, Bharti Enterprises. Wal-Mart's global expertise in supply chain
and logistics will bring enhanced
efficiencies across the retail ecosystem. Mike Duke, vice chairman, Wal-Mart Stores, Inc.
We are delighted that, in Bharti, we have a
well-respected partner who has a deepunderstanding of the local market.
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Wal-mart Strategy
Low Price Everyday
Effective use of logistics management Effective inventory control
Bargaining power over suppliers Global Expansion for new market opportunity
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