Topic > Wal-Mart Case Study - 1574

Wal-Mart Stores, Inc.Wal-Mart Stores, Inc. operates retail stores in various formats throughout the United States and internationally. It has two segments: The Wal-Mart Stores and The Sam's Club. The Wal-Mart Stores segment includes discount stores, supercenters, and neighborhood markets in the United States, as well as Walmart.com. Offers clothing for women, girls, men, boys and babies. They also offer hardware, electronics, home furnishings, small appliances, automotive accessories, sporting goods, toys, pet food, cameras, health and beauty aids, pharmaceuticals, jewelry, optical department and photo processing services . Neighborhood markets include dry groceries, meat, produce, deli, bakery, frozen foods, pharmaceuticals, photo processing, health and beauty aids, household chemicals, general merchandise and pet supply departments. The Sam's Club segment includes warehouse membership clubs in the United States and samsclub.com. It offers electronics, jewelry, sporting goods, toys, tires, books, food items and select private brands. As of July 31, 2005, Wal-Mart operated 1,276 Wal-Mart stores, 1,838 Supercenters, 92 Neighborhood Markets and 556 Sam's Clubs in 50 U.S. states. The company operates various retail formats in Argentina, Brazil, Canada, Germany, Mexico, Puerto Rico, South Korea and the United Kingdom. It operates 261 Canadian Wal-Mart and Sam's Clubs stores, 11 units in Argentina, 150 units in Brazil, 88 units in Germany, 16 units in South Korea, 697 units in Mexico, 54 units in Puerto Rico and 292 units in the United States. Kingdom, as well as 48 units in China under joint venture agreements. Wal-Mart's vision vision is: "To become a world leader in retail." Sam Walton followed this claim to become the largest retailer in the United States. He accomplished this feat by understanding what is the most important aspect in selling, the customer. Although Wal-Mart does not have a formal mission statement, its main components are listed below. Mission Statement Components • Customers • Products and Services • Markets • Technology • Concern for Survival, Profitability, Growth • Philosophy • Self-Concept • Concern for Public Image • Concern for Employees Non-Formal Mission Statement The Our first responsibility is to provide all consumers with the best products and services with satisfaction guaranteed under one roof. Wal-Mart offers a wide range of products and services at reasonable prices.