STRATEGIC MANAGEMENT

Strategic Management

Strategic Management

When Sam Walton opened the first “Wal-Mart Discount City” back in 1962 in Rogers, Arkansas, he envisioned opening a discount store that offers one-stop shopping for all its customers. But little did Walton know that his vision will lead his Wal-Mart business in becoming the single largest retail operation in world, with sales of $217.8 billion in 2001.

The numbers, contrary to the store prices, are anything but low - the Company operated 1,478 Discount Stores, 1,471 Supercenters, 538 SAM'S Clubs and 64 Neighborhood Markets in the United States alone. Wal-Mart also had established international presence in eight countries ...