Walmart
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Walmart
Mission Statement
The purpose of this paper is to further inform Wal-Mart Watch on several issues Wal-Mart needs reformation/change in. You have a vested interest in how Wal-Mart operates and this paper should point out major flaws in the company and then an analysis of how to rectify these issues. The issues deal with the economic, small business, and employee wrongdoings by Wal-Mart.
Wal-Mart
The first Wal-Mart, opened in Benton County, Arkansas in 1962 (Slater 48). By the time the company went public in 1969 it had 18 stores throughout Arkansas, Missouri, and Oklahoma. The new company slowly expanded farther and farther from its original location. Robert Slater states that by 1998, Wal-Mart had approximately 2400 stores in all 50 states and about 800,000 employees in the United States. Wal-Mart is the largest retailer in the United States as well as the world. This superstore operates in over thirteen countries (Walmart). Wal-Mart opens up discount centers and super centers offering groceries and other goods.
Walmart is the largest private employer and owns and operates the largest trucking fleet in the world. For a company that has been around since 1962, that is a huge feat to accomplish in that small amount of time. Nobody would have thought many years back that Wal-Mart would be as successful as it is now, other than the founder himself, Sam Walton. Mr. Walton knew that by the year 2000 Wal-Mart would be the largest employer in the world and by that same year would have done $100 billion dollars in sales(Walmart). This feat has not been accomplished by any other retailer anywhere throughout the world. Some people would say that Wal-Mart has been extremely beneficial to the economy, while others would say that it has destroyed the economy by driving out other business. There are facts to support both cases.
There are many reasons to why The Wal-Mart Corporation to come off as a great American company. But by digging deeper, one can see how Wal-Mart...
- Submitted by: schminkster_4
- Date Submitted: 11/06/2006 08:42 PM
- Category: Miscellaneous
- Words: 2155
- Pages: 9
- Views: 1789
- Rank: 17499