Wal-Mart: Americas Retail Giant Free Essay, Term Paper and Book Report
Wal-Mart stores are currently the world’s largest retail store and also the world’s largest corporation. “Wal-Mart was founded by Sam Walton in 1962, incorporated on October 31, 1969, and listed on the New Your Stock Exchange in 1972.” (Wal-Mart) Wal-Mart is not only the largest retailer in America when it comes to generic goods; they are also the largest retailer in grocery items as well. They are well known all around the world for the simple reason that they have stores in many countries around the globe. Wal-Mart is America’s largest corporation because of their great business strategies and low care for their employees.
Sam Walton had very good timing when it came to the creation of his stores, for the shear reason that Americans were buying a lot more items then when his competitors like Sears and Woolworth had their heyday. (Lichtenstein 53) He also was very smart when positioning his stores. He put them in small communities (under 5000 people) where big companies have not hit. The plan that he conquered in his stores was the “one-stop-shopping” experience. Wal-Mart put ......
Word Count: 1261
Page Count: 5 (250 words a page / double spaced)
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