Walmart was founded by Sam Walton on March 29, 1918. This company, which is based in Bentonville, Arkansas, USA, is engaged in the sector or type of retail industry, discount stores, supermarkets or small-scale stores.
The most recent revenue was 404.16 billion US dollars. Meanwhile, net income reached a fantastic amount: US $ 13.59 billion. No wonder because this company employs 2,100,000 employees.
Retail and discount stores first appeared in the US in the early 1950s. The retail store concept is gaining popularity in the US. Sam Walton, who believed that US consumers wanted something more from retail stores, opened a retail and discount store in Rogers, Arkansas. Walton had traveled all over the United States and had a wealth of experience relevant to discount stores.
Walton’s ideas and efforts made Wal-Mart one of the companies that have succeeded in changing the global business world. The ideas of retail stores, … Read more “Walmart: Review of Strengths and Weaknesses”