Group 4 The famous company Wal-Mart
The founder Sam Walton(1918~1992) He regarded as the greatest enterpriser in 20th century.
A part of history of Wal-Mart In 1962:Sam Walton set up the first Wal-Mart fair-price shop. In 1972:The share of Wal-Mart was listed in New York and its value turned over 4900 times during the 25 years. In 1979: Wal-Mart sales totally exceeded $1 billion for the first time. In 1990: Wal-Mart became the biggest trades company in America. In 1991: Wal-Mart opened the first overseas store in Mexico. In 1994:Wal-Mart purchased 122 woolco stores in Canada.
A part of history of Wal-Mart In 1996:Wal-Mart opened the first Chinese store in Shenzhen. Now in China ,there are 215 Wal- Mart stores. In 1997: Wal-Mart saleroom first breakthough more than thousand billion dollars. In 1999:Wal-Mart became the largest private employer.
The rank of Wal-Mart from top 500 2000: 2001: 2002: 2003: 2004: 2005: 2006: 2007: 2008: 2009: 2010: 2011: Rank No.1: 8 times
Business Categories 1. Spupercenter
Businss Categories Supercenter Connect: fresh food(活鲜) foodstuff(食品) traditional general merchandise(传统百货业) Supercenter First:in Washington in 1988 Amount:over 5000
Business Categories 2. Sam’s Club
Business Categories Sam’s Club Range:Serve for members of Sam’s Club First: in 1983 in America Amount: over 500
3. Online Sam’s Store
Online Sam’s Store Website: www.samclub.cn First: in 2010 in Shenzhen Advantage: offter 24 hours shopping
The reasons of success 1. 3. 2. 5. 4. Own brands Logistics and supply chain Human resources policy 5. Daily low price strategy 4. Brilliant Sam Walton
No.1 No.2 No.3 Covering food and non-food Covering Housewear & Furnishings No.2 Covering clothing products No.3
Human resources policies Honesty is a special vocabulary Pay attention to security and health Require work experience Provide the professional training Quality of honesty, professional skills
More than 7000 Wal-Mart stores all over the world.