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Wal-Mart PowerPoint Presentation

Wal-Mart

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Wal-Mart

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Presentation Transcript

  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.