Wal-mart Stores, Inc. is a U.S. based multinational company and the largest retailer in the world in terms of sales and number of employees. Its business concept is a convenience store (available in every district), low prices and high volumes. Sam Walton founded the company in 1962, and in October 31, 1969, the company was incorporated.Discussion
The entrance of Wal-Mart into food retailing has had a dramatic effect on the retail sector. Wal-Mart began selling groceries in a supercenter format in 1988, and in little more than a decade, it became the leading food retailer in the United States. The corporation also ...