Categories
Management

Case study on Wal-Mart

Introduction

As one of the leading retailers in the Unites States, the Wal-Mart Corporation has dedicated itself to ‘saving people money in order to improve their lifestyle’, as the company’s mission suggests. However, with many competing stakeholder interests, and pressure to keep prices low, many company policies have come under criticism, and have faced many changes. Whether these policies are assisting in keeping Wal-Mart’s mission intact, or whether the company needs to follow a different company policy, is discussed herein.

Categories
Accounting

Financial Analysis of Wal-Mart Stores Inc.

Founded by Samuel Walton in 1962 and incorporated in 1969, Wal-Mart Stores Inc. (NYSE: WMT) runs chains of department stores and warehouse stores in 15 countries under different names. Ever since going public in 1972, the American retail giant has grown considerably over time to become the third largest public corporation in the world; The Walton Family controls 48% stake in Wal-Mart businesses. Wal-Mart is rated as one of the valuable companies in the world, according to the Fortune Global 500 list. Wal-Mart operates successfully as Walmex in Mexico, Asda in UK, Best Price in India, and Seiyu in Japan. The Wal-Mart operations in Germany and North Korea were less successful, compared with South American and Chinese operations. (Frank, 2006)