Friday, June 21, 2019

Brainstorm one of the ten topics given (pls refer to description Essay

Brainstorm one of the ten topics given (pls refer to description uploaded) - Essay ExampleThe Wal-Mart was founded in 1962 in Rogers, Akansas by Sam Walton. Expanding the physique of outlets based on the success of the initial outlet, Sam Walton replicated the winning formula in to the Wal-Mart Chain of outlets. The participation was incorperated as Wal-Mart Stores, 1969. It was first listed on the New York credit line Exchange in year 1972. In year 1990 the company becomes the largest retailer in USA. Its foreign operations start in 1991 with a store in Mexico city. Since then the company has grown locally and intenationally with a host of strategic acquisitions such as the Woolco- canda, ASDA-UK and Amigo- Pueterico.The ompany holds 9% of the US retail storemarket share by revenue. knocked out(p) of every $100 spent in U.S. retail shops, $ 8.90 is spent every year at Wal-Mart. Wal-Mart is the largest employee in USA, Canada and Mexico. The company operates its own real e state company which is the largest in the United States. Wal-Mart alos operates the largest private sattalite communication system which links its suppliers and stores located globally. 138 million shoppers across the world are catered by Wal-Mart each week. 82% of American households have made at least one purchase at Wal-Mart. Its scale of operations is as big enough to impact on the US economy itself. Wal-Mart increased the US economys overall productivity by three-quarters of a percent by highly efficient distribution systems and pressure on suppliers to be more efficient (Wikipedia)Wal-Mart operates 5 categories of outlets. These include Wal-Mart Discount Stores , Wal-Mart Supercenters, Wal-Mart Neighbourhood Market, Sams fiat and Wal-Mart International. It also operates Wal-Mart Online. These store formats differ by their average floor space and merchandise. Sams Club which operates on deep discounting basis caters to small business owners who are members of the club. The su percenters feature exprsess Lube

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