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Essay

Introduction The headquarters of Wal-Mart are located in Bentonville, Arkansas. Sam Walton, the founder of the company, launched a variety store in Newport, Arkansas in 1945. His brother, James 'Bud' Walton, opened an identical store in Missouri in 1946. Until the 1960s the enterprise was focused wholly on variety stores (Brunn, 2006). The original Wal-Mart Discount City was launched in 1962, which became the original discount store of Wal-Mart. The original Sam's Clubs were then launched in 1984, which was followed by the opening of the original supercenter in 1988. The original neighborhood market was launched in 1999. In ...

Wal-Mart is undoubtedly the biggest and matchless retail chain across the globe. It was founded by Mr. Walton in 1940s. Since then, it has embarked upon becoming the most successful and distinctive retailer, which offers premium everyday shopping experience with its ultimately unparalleled prices. Wal-Mart offers an extensive range of products under one roof that are primarily sorted into 14 key categories including groceries, baby-care items, electronics, books & movies, outdoor living and photo, home decor, fitness & sports, gaming, health & beauty, jewelry & apparel, medicine, toys, movie and furniture (Wal-Mart, 2016). This paper focuses on analyzing the retail and pricing strategy ...

Introduction

Wal-Mart is the world’s largest retailer with more than 4,300 stores in the United States and over 8,000 worldwide, with global sales topping $400 billion in 2009. It is the largest retailer in the U.S., where more than half its revenue comes from grocery sales. This paper considers some of the retail giant’s negative impacts. Since opening its first store in Bentonville, Arkansas in 1962, Wal-Mart has steadily spread from its base in the South and Midwest to dominate the suburban and rural retail market across the U.S. Wal-Mart is addressing the first obstacle – store ...