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Wal-Mart

Wal-Mart. Your Global Superstore. History:. 1962 first store opens in Rogers, Ark. 1969 company incorporated on Halloween First distribution center opens at home office in Bentonville, Ark, also first time stock is traded publicly 1975 Wal-Mart buys its first store, Mohr-Value stores

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Wal-Mart

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  1. Wal-Mart Your Global Superstore

  2. History: • 1962 first store opens in Rogers, Ark. • 1969 company incorporated on Halloween • First distribution center opens at home office in Bentonville, Ark, also first time stock is traded publicly • 1975 Wal-Mart buys its first store, Mohr-Value stores • 1978 Acquires Hutcheson Shoe CO. Opens its first pharmacy and jewelry dept. • 1979 First company to reach $ 1 billion in sales in 12 month period.

  3. History, Continued • 1981 acquires Kuhn’s Big K • 1983 acquires Woolco and opens Sam’s Club. • 1984 David Glass named company president. • 1987 25th anniversary; 1,198 stores and over 200,000 associates. • 1988 David Glass becomes CEO.

  4. History, Continued • 1988 First superstore opens. • 1990 Wal-Mart Visitor’s Center opens. • 1991 Sam’s Choice brands are introduced. • 1992 April 5th Sam Walton dies. • Also enters Puerto Rico. • 1994 Opens 3 stores in Hong Kong.

  5. History, Continued • James Lawerence “Bud” Walton dies. • 1995 Now in all 50 states. • 1997 is the largest private employer in the United States. Has its first billion dollar sales year. • 1999 now the largest employer in the world. • 2000 H. Lee Scott named president and CEO of Wal-Mart Stores, Inc.

  6. History, Continued • 2002 Wal-Mart ranked #1 on the Fortune 500 list. • Thanksgiving Day 2002 largest single sales day in history; 1.43 billion dollars. • Present day there are nearly 4,000 stores in the U.S. and over 2,000 stores internationally in over 12 countries.

  7. Strengths • Name recognition • Store brands: Sam’s Choice, OL’Roy etc. • Satellite Communication Network • Wal-Mart.com • No more manufacturers’ representatives. • Walmartstores.com

  8. Weaknesses • Bad PR department • Over expansion • Losing touch with their associates

  9. Opportunities • Use the online store • New line of organic products

  10. Threats • Activists • Lobbyists • General public opinion

  11. Recommendations • Stop expanding • Focus on current employees and their issue. • Hire a new PR crew to deal with the public and media criticism.

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