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walmart
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About Walmart
Walmart, is an American multinational retail corporation.
Walmart serves customers and members more than 200 million times per week.
Fiscal year 2012 sales of approximately $444 billion.
Walmart employs 2.2 million associates worldwide.
Walmart operates under 69 different banners in 27 countries.
Mission of Walmart They don’t have a formal mission statement.
They are most interested in the customers needs The culture consists of - Respect for the individual - Service to our customers - Strive for excellence If they did have a formal mission statement it
would be, “To provide quality products at an everyday low price and with extended Customer service…always.”
Vision of Walmart
The secret of successful retailing is to give your customers what they want. And really, if you think about it from your point of view as a customer, you want everything: a wide assortment of good-quality merchandise; the lowest possible prices; guaranteed satisfaction with what you buy; friendly, knowledgeable service; convenient hours; free parking; a pleasant shopping experience.
Goals of Walmart
Save people’s money so they can live better
Advantages of Walmart in India
Walmart will provide better prices to Farmers. Walmart will not threaten local Kirana stores
as they will build stores far away from urban centers.
Walmart will provide additional employment. Walmart will provide better wages to workers. Walmart will bring in much needed FDI. Walmart will provide technology. States have the freedom to prevent entry of
Big Box Retailers.
Disadvantages of Walmart in India Competition for Indian retailers. Walmart Price will be less for initial few
months. People addict to American brands that
are completely artificial. It imports all American brands, from
America. Small retailers are affected
Walmart Lobbying Controversy
SAN JUAN TEOTIHUACÁN, Mexico Wal-Mart to Pay $11 Million Walmart Lobbying Controversy in
India
SAN JUAN TEOTIHUACÁN, Mexico
Wal-Mart to Pay $11 Million
Walmart Lobbying Controversy in India
Criticism of Walmart
Local communities Allegations of predatory pricing and
supplier issues Wages Working conditions Employees using prescription drugs Imports and globalization
Traditional retail outlet and Walmart retail outlet
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