(Download) "Internet Strategy: Wal-Mart's Evolving Approach (Cases) (Company Overview)" by Journal of the International Academy for Case Studies " eBook PDF Kindle ePub Free
eBook details
- Title: Internet Strategy: Wal-Mart's Evolving Approach (Cases) (Company Overview)
- Author : Journal of the International Academy for Case Studies
- Release Date : January 01, 2000
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 258 KB
Description
BRIEF HISTORY OF WAL-MART STORES, INC. "Wal-Mart", for whom does this name not sound familiar? Wal-Mart Stores, Inc. was founded in 1945, and its main offices are located in Bentonville, Arkansas. The main business field in which Wal-Mart operates is retailing through discount stores, supermarkets, specialty department stores, and restaurants. It also provides services through its family entertainment centers. Wal-Mart currently operates 1,821 Wal-Marts, 650 Wal-Mart super centers and 433 Sam's Clubs in the United States. Internationally, the corporation has over 974 locations ("Wal-Mart's 2000 plans", 1999). Additionally, Wal-Mart employs around 825,000 people. Its annual sales reach over $137 billion annually. Wal-Mart's 2000 plans for growth represent 34 million square feet of additional retail space or an 8 percent growth in square footage. Wal-Mart is famous for being a leader in offering the lowest prices to consumers. These prices are possible because the corporation has been able to efficiently achieve a low cost competitive advantage. Since 1996, Wal-Mart has decided to compete in the electronic market by launching its web site named www.Wal-Mart.com.