Sam Walton founded Walmart in 1969 and pioneered a low-cost business model focused on high sales volumes and lower profit margins per item. Under his leadership, Walmart grew rapidly from $105,000 in annual sales in its first year to $175,000 just three years later. Today, Walmart operates over 11,000 stores worldwide, employs over 2 million people, and remains the largest company in the world by revenue.
2. Founder of Walmart
Sam Walton did not invent
retailing, he simply changed
the business model and way
of doing business to make it
a much more profitable
venture.
Walmart
4. Walmart
Key People
Chairman CEO & President
S. Robson Walton Doug McMillon
5. History
• Sam's focus was on selling products at low prices to
get higher-volume sales at a lower-profit margin.
• Sales increased 45 percent in his first year of
ownership to $105,000 in annual revenue, which
increased to $140,000 the next year and $175,000
the year after that.
Walmart
6. Incorporation
Incorporated as Wal-Mart Stores, Inc. on October
31, 1969.
The first stock split occurred in May 1971 at a
market price of $47
Walmart opened its first Texas store in Mount
Pleasant on November 11, 1975
In 2000, H. Lee Scott became President and CEO
effect"mom and pop" stores.
Walmart
8. How can walmart control the global
Walmart operations are organised into three
divisions :-
• Walmart stores US
• SAM’s club
• Walmart international
Walmart
Enterprise.
9. Walmart stores US
• $258 billion, or 63.8 percent of total sales for
financial year 2010
Retail formats:-
Walmart Discount Stores
Walmart Supercenter
Walmart Market
Walmart Express
Walmart
10. Sam’s club
• Sam's Club stores are "membership"
stores and most customers buy annual
memberships.
• Their old slogan was “We're in
Business for Small Business” which
changed to "Savings Made Simple“
• Walmart also operates more than 100
international Sam's Clubs in Brazil,
China, Mexico
Walmart
11. Walmart International
• Walmart's international comprise 4,263 stores and
660,000 workers in 15 countries outside the United
States
• the company is the largest private employer in the
U.S. and Mexico, and one of the largest in Canada.
• In the financial year 2010, Walmart's international
division sales were $100 billion, or 24.7 percent of
total sales.
Walmart
12. It started its international operations with its entry in
Mexico in 1991.
It formed a joint venture with Grupo Cifra SA de CV
(Cifra), a well-established retail chain in Mexico.
It fine-tune its strategies to suit the Mexican customer.
Walmart
Successful joint ventures
Entered Mexico with a
JV
13. 2006 :- It formed a joint venture with Bharti Enterprises, Inc.
2009:- Wal-Mart started doing business in India for the first
time.
IndianWal-Mart is a wholesale business.
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Entered India with a JV
14. 1990 :- Real estate prices in Japan declined.
Prompting many foreign retailers to enter the
country.
Wal-Mart started exploring the Japanese market in
1997.
Walmart
Entered in Japan:-
15. Future planning of walmart
•Wal-Mart is planning to open a new distribution centre
in Mankato, in late 2015, creating about 300 jobs.
•Global expansion is the mantra of Walmart for future.
•Wal-Mart plans to hire 100,000 veterans over five years
•Walmart is moving ahead with a plan to open hundreds
of small-format stores.
Walmart