Essay about Wal Mart Is The Biggest Retailer Of The World

Essay about Wal Mart Is The Biggest Retailer Of The World

Length: 2459 words (7 double-spaced pages)

Rating: Better Essays

Open Document

Essay Preview

Wal-Mart is coming off a disappointing third quarter when its largest revenue generator, sales from U.S. stores, dropped 0.3%. The company also has forecasted flat earnings during the critically important holiday season. While lowering its full-year forecast, Wal-Mart still expects to see modest sales growth in FY2015 through the opening of smaller, more targeted stores, and its longtime strategy of lowering prices. However, there is some doubt whether these measures will be enough to stave off Wal-Mart 's competitors. Costco NASDAQ: COST is coming off a big year with more than $100 billion in revenue, 5% growth in U.S. store sales, and 7% growth in international sales. As Costco continues to challenge Wal-Mart domestically and internationally, some are beginning to wonder whether the Seattle-based company could replace Wal-Mart as the largest retailer in the world.
Target NYSE: TGT continues to battle with Wal-Mart for discount shoppers and even after missing its third quarter sales targets with 0.9% of new growth, the company remains a major threat. In addition to the established competition, Wal-Mart also must deal with threats such as Best Buy competing for Wal-Mart 's low-price market share in electronics sales. Wal-Mart must also handle a continued investigation into allegations of bribery for expedited building permits in Mexico and potentially other international markets such as Brazil, China, and India. In the U.S., the company faces continued criticism for its low wages and its opposition to organized labor within stores. While a debate on raising the minimum wage is about to begin in Congress, Wal-Mart employees and those sympathetic to their cause are planning protests at 1,500 Wal-Mart stores during Black Friday
Walma...


... middle of paper ...


...ing, with products like the iPad and Blackberry taking the place of paper and writing utensils, distributing information immediately from any location where a signal is available. While new technology can empower employees in ways that were never even dreamed of five years ago, it 's important to remember that most new software and equipment requires some sort of a learning curve and adjustment period during which productivity will not be at its peak. Planning for any necessary training to accompany the introduction of new technology or software to ease the pain of newness and to allow productivity improvements to be attained in the company. With smart preparation and adequate training, employees will be able to harness the power of new technology and benefit your organization as well.

Reference
Google.com
Yahoo.com
Walmart.com/business plan
Time.com/Walmart





Need Writing Help?

Get feedback on grammar, clarity, concision and logic instantly.

Check your paper »

Wal Mart and Environmental Sustainability Essay

- For many enviros, the name "Wal-Mart" has always triggered a shudder. The world's biggest retailer has been charged with exacerbating suburban sprawl, burning massive quantities of oil via its 10,000-mile supply chain, producing mountains of packaging waste, polluting waterways with runoff from its construction sites, and encouraging gratuitous consumption. (And those are just the environmental complaints.) But it's precisely Wal-Mart's size and reach that could make it a powerful force for good for the planet, say market observers and a growing number of activists....   [tags: Wal Mart Environment ]

Free Essays
1513 words (4.3 pages)

Wal Mart : Company Overview Essay

- Introduction – Company Overview Wal-Mart is the largest global retailer in U.S. and also one of the biggest multinational companies of any kind in the world. It is a well-known American company offers its products through various retail formats that include: supercenters, supermarkets, hypermarkets, warehouse clubs, cash & carry, home improvement, specialty electronics, restaurants, apparel stores, drug stores, and convenience stores, as well as digital retail. The company relies heavily on their Every Day Low Price (EDLP) strategy which seeks to provide consumers with the lowest prices on many common goods....   [tags: Wal-Mart, Supermarket, Revenue, Hypermarket]

Better Essays
707 words (2 pages)

Wal Mart 's Policies And Actions Essay

- Wal-Mart’s Policies and Actions are damaging to a Small Town 's Economy Introduction In the United States and all over the world, the entry and operations of big retailers like Wal-Mart into a small town sparks great controversy within the community. The fact that people contemplate on the fact that the policies and actions of Wal-Mart are destructive to a small town’s economy is not new. Most small town’s economies are run by subsistence and self-reliant traders. With time, the traders embrace the division of labor and specialization of skills in accordance with the trade, production and manufacturing needs of the community....   [tags: Supermarket, Retailing, Wal-Mart, Economics]

Better Essays
1199 words (3.4 pages)

Wal Mart : The Biggest Organization And Private Boss Essay

- Wal-Mart, the world 's biggest retailer, is the biggest organization and private boss in the United States. Wal-Mart is reliably recorded among America 's most respected organizations by Fortune magazine. In the meantime, it is much of the time the objective of feedback and criticism for its work practices and its impact on the bigger economy and group. With having such a strict approach, Wal-Mart faces many claims every year from unscrupulous business rehearses. Wal-Mart 's appraising as an organization that customers trust and regard has relentlessly declined in the most recent couple of years....   [tags: Morality, Ethics, Moral, Laborer]

Better Essays
1116 words (3.2 pages)

Wal-Mart: The Global Retailer Essay

- Wal-Mart: The Global Retailer Wal-Mart is the world's largest retailer. In fact, it's the world's largest company, with sales last year totaling nearly $220 billion. Of that total, $35.5 billion were from the fast-growing Wal-Mart International Division. Wal-Mart is growing at an incredible clip, both at home and abroad. In the early 1990s, its sales were a little less than $85 billion; it had 2,200 stores and no international division. Today, it has over 3,200 stores, with about 1,100 of them outside the United States....   [tags: Business Analysis Wal Mart]

Free Essays
1777 words (5.1 pages)

Analysis Of Tna Of Wal Mart Essay

- Introduction Training needs assessment is a process used by the managers of the organizations with the aim to find out the best way to allocate resources to provide training (Lepicki, & Boggs, 2014). Training needs assessment (TNA) is required to find out what needs of the personnel should be met in order to achieve their performance improvement. TNA is very important to ensure training efficiency. Organizations, where training needs assessments are not conducted, are more likely to do less effective training that is not beneficial for the employees and organization....   [tags: Customer service, Customer, Sales, Service]

Better Essays
1386 words (4 pages)

Wal Mart And The Largest Business World Based On Its Annual Revenues Of $ 483 Billion

- Background According to Yahoo finance Wal-Mart Stores, Inc. was founded in 1962 by Sam Walton and its headquartered is located in Bentonville, Arkansas. Currently this year Walmart it is operating 11,527 stores under 63 banners in 28 countries and e-commerce Websites in 11 countries. The organization has over 2, 300,000 employees operating in those various locations all over the world. It is a company that operates retail in various organizations worldwide, through three portions Walmart U.S., Walmart Worldwide, and Sam’s Club....   [tags: Revenue, Retailing, Wal-Mart, Supermarket]

Better Essays
1054 words (3 pages)

Wal-Mart Essay

- Overview When someone says “Wal-Mart,” there are several ideas that probably come to mind; an idea such as “Everyday Low Prices,” Wal-Mart superstores, and that Wal-Mart is the biggest corporate giant in the world wouldn’t be too far fetched. However, Wal-Mart almost went bankrupt before it even started. Back in 1962, Sam Walton (the founder of Wal-Mart) probably never imagined that Wal-Mart would reach the astronomical heights that it has. In the beginning, Wal-Mart entered the discount retail industry when it was barely even a market, opening up locations specifically around the mid-west area....   [tags: Wal Mart Business ]

Free Essays
1784 words (5.1 pages)

Wal-Mart's Expansion Into China Essay

- Wal-Mart one of the biggest retailer in the world, is expanding their business in China to raise profit in the slow retail sector. Wal-Mart has opened thousands of stores in the United States and has expanded internationally. With the expansion Wal-Mart is creating opportunities for the valued customers around the world. “Today, Wal-Mart operates in more than 100,000 retail unties under 71 banners in 27 countries. (Inc., 2014)”. Wal-Mart will be opening 110 stores in China between 2014 and 2016, in addition to the 30 facilities that has already been opened in the year of 2013....   [tags: health, customers, retailer]

Better Essays
525 words (1.5 pages)

Wal-Mart and Class Inequalities Essay

- Wal-Mart has become a staple company in many communities. It is a place where individuals can find most of their needs, and many of their wants. The appeal of Wal-Mart can be found in its slogan, “Always Low Prices.” It is the appeal of low prices during a time of economic recession that entices consumers. What many consumers do not recognize are the means by which Wal-Mart ensures these low prices. The media coverage of Wal-Mart during the recent months has not been favorable towards the company, and with lawsuits pending regarding issues such as low wages, anti-union practices, and sexual discrimination, Wal-Mart provides an avenue for examining media and alternative media depi...   [tags: increasing class inequality]

Better Essays
2364 words (6.8 pages)