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Project Walmart

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Page 1: Project Walmart

PROJECT ON

Page 2: Project Walmart

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.

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Walmart operates under 69 different banners in 27 countries.

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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.”

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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.

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Goals of Walmart

Save people’s money so they can live better

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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.

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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

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Walmart Lobbying Controversy

SAN JUAN TEOTIHUACÁN, Mexico Wal-Mart to Pay $11 Million Walmart Lobbying Controversy in

India

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SAN JUAN TEOTIHUACÁN, Mexico

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Wal-Mart to Pay $11 Million

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Walmart Lobbying Controversy in India

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Criticism of Walmart

Local communities Allegations of predatory pricing and

supplier issues Wages Working conditions Employees using prescription drugs Imports and globalization

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Traditional retail outlet and Walmart retail outlet

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