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Wal-Mart Your Global Superstore. History: 1962 first store opens in Rogers, Ark. 1962 first store opens in Rogers, Ark. 1969 company incorporated on Halloween.

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Presentation on theme: "Wal-Mart Your Global Superstore. History: 1962 first store opens in Rogers, Ark. 1962 first store opens in Rogers, Ark. 1969 company incorporated on Halloween."— Presentation transcript:

1 Wal-Mart Your Global Superstore

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

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

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

5 History, Continued James Lawerence “Bud” Walton dies. James Lawerence “Bud” Walton dies. 1995 Now in all 50 states. 1995 Now in all 50 states. 1997 is the largest private employer in the United States. Has its first billion dollar sales year. 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. 1999 now the largest employer in the world. 2000 H. Lee Scott named president and CEO of Wal-Mart Stores, Inc. 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. 2002 Wal-Mart ranked #1 on the Fortune 500 list. Thanksgiving Day 2002 largest single sales day in history; 1.43 billion dollars. 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. 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 Name recognition Store brands: Sam’s Choice, OL’Roy etc. Store brands: Sam’s Choice, OL’Roy etc. Satellite Communication Network Satellite Communication Network Wal-Mart.com Wal-Mart.com Wal-Mart.com No more manufacturers’ representatives. No more manufacturers’ representatives. Walmartstores.com Walmartstores.com Walmartstores.com

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

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

10 Threats Activists Activists Lobbyists Lobbyists General public opinion General public opinion

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


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