ORGANISATIONAL ANALYSIS POSTER-
WAL-MART
SUMMARY-
WALMART store inclusive is the largest retailer and the largest company in terms of revenue.
It’s the largest private employer in USA. And every year approximately of 93% shopping is done from Wal-Mart in America.
Wal-Mart stores Inc is branded as Wal-Mart.
• Type-public
• Industry-retail
• Founded-1962, Rogers, Arkansas, U.S
• Founder-Sam Walton
• Headquarters-Bentonville, Arkansas, U.S
• Number of locations- 11137
• Area- global
• Owner- Walton family
• Employees- 2.2 million
• Total equity- US$ 76.255 BILLION till 2014
• First Store- In Rogers, Arkansan in 1962.
BACKGROUND-
• Started on 2nd July 1962 in Rogers, Arkansas
• Expansion of the company
• Listing in stock exchange
• Launch of supercentre concept
• Home delivery services
• Focus
• Cost cutting concept
GLOBAL STRATEGY-
• Traditional stores and supercentre.
• Wal-Mart supercentre has different locations like that of Garden centre, Pet shop, Pharmacy, Optical centre and Photo processing lab etc.
• In 1990, it went international.
• 4263 stores and 660,000 workers in 15 countries outside US.
• Well known for Brand strategy.
MISSION-
In everything we do, we are driven by a common mission and to improve the quality of life for everyday people around the world.
It deals in-
• Sells grocery and general merchandise
• Pharmacy and optical centre
• Gasoline station
• Fast food outlet
• Garden centre
• Pet shop
It also featured in hair and nail salons, video rental store and family fun centre and branch of a local bank.
Wal-Mart subsidiaries-
• Wal-Mart stores division as:
1. Wal-Mart discount store
2. Wal-Mart supercentre
3. Wal-Martneighborhood market
4. Wal-Mart international
5. Private labels l...
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... basic beliefs which were looked upon in Wal-Mart.
CONCLUSION-
Wal-Mart as a big giant.
It tries to help its customers in best possible manner
However, it has made lot of success and its working culture and style of working is also different from other departmental stores.
It mainly strives for excellence by keeping in mind all the factors.
CONTRIBUTION-
CITATION-
Devarshan, N. (2002). Subsidiaries. Available: http://www.walmart.com/. Last accessed 12 April, 1979.
Welner,Weick.K(1991) Structural analysis and behavior of an organization, Prentice Express: Columbia
Smith, Kins.D(1978) Organizational development and traditional work culture, School of London, London
Pigoule, Y(2004) Strategy and Design in an organization, Chicago Press: Chicago
Eric, Twist. N(1932) Power and Culture of an organization, Boston School, Boston
The retail giant started operations in 1962 and was founded by Sam Walton. Current, Wal-Mart is the fastest growing and the biggest retailer with a total of 3,400 stores within the United States and 3,300 other stores in other parts of the major cities in the world. The retail stores have 1.5 million employees and annual revenues of more than $350 Billion.
Walmart is one of the most successful franchises of all time and continues to take fire from multiple angles, whether it’s about the costing of jobs, the wages, the health insurance, the small business destruction, or the environmental impact, but can always back itself up by negating those claims with facts that proves that it is beneficial to the community.
In April 1983, the Wal-Mart Stores, Inc. opened its first Sam's Club store, a membership-based discount warehouse club, in Midwest City, Oklahoma. In 1985, their stock was being traded on the Pacific Stock Exchange (PSE). By the company's 25th anniversary, in 1987, there were 1,198 stores nationwide, employing 200,000 associates, with sales of $15.9 billion. In February 1988, Sam Walton stepped down as the CEO of Wal-Mart, and was succeeded by David Glass. The same year, the first Wal-Mart Supercenter was opened in Washington, Missouri. The supercenter contained everything found in a regular Wal-Mart discount store, along with a tire and oil change shop; optical center; photo processing lab & portrait studio; and numerous small outlets like banks, cellular phone stores, hair & nail salons, video rental stores, and several fast food restaurants.
"Wal-Mart Stores, Inc. is the world's largest retailer, with $285.2 billion in sales in the fiscal year ending Jan. 31, 2005. The company employs 1.6 million associates worldwide through more than 3,700 facilities in the United States and more than 2,400 units in Argentina, Brazil, Canada, China, Costa Rica, El Salvador, Germany, Guatemala, Honduras, Japan, Mexico, Nicaragua, Puerto Rico, South Korea, and the United Kingdom. More than 138 million customers per week visit Wal-Mart stores worldwide." (Walmartfacts.com)
Wal-Mart is the world's largest retailer and second largest corporation. It is the largest private employer in the United States and Mexico. Wal-Mart is the largest grocery retailer in the United States, with an estimated 20% of the retail grocery and consumables business, and the largest toy seller in the United States, with an estimated 45% of the retail toy business, having surpassed Toys"R" Us in the late 1990s. Wal-Mart has 1,929 stores which as of 2005 sales figures totaled about $155,477,000,000 in sales. Wal-Marts revenue as of 2006 was an estimated $315,654 billion USD, net income $11.231billion USD, and employs more than 1.8 million employees.1
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Mart if you are looking for random items, but if you are truly shopping for groceries Publix has
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