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Hi, need to submit a 1750 words essay on the topic Base on the prompt.There are three business segments through which Wal-Mart operates its business: Walmart US, Sam’s Club, and Walmart Internationa
Hi, need to submit a 1750 words essay on the topic Base on the prompt.
There are three business segments through which Wal-Mart operates its business: Walmart US, Sam’s Club, and Walmart International. The retail stores have four different formats: discount centers, supercenters, neighborhood markets, and other small formats (Company Profile Wal-Mart Stores Inc, 4). The key products that are offered by Wal-Mart, Inc. include: food products, consumables, entertainment goods, apparel, and goods for home. major services are: pharmacy and optical services. money order services, check cashing, photo processing services, etc. (Company Profile Wal-Mart Stores Inc, 23-24). In addition to the retail units, Wal-Mart offers its products and services through the e-commerce websites available in 10 countries (Corporate.walmart.com).
Wal-Mart launched its strategy of the international business expansion in 1991, by going to neighboring countries: Canada, Mexico, and some countries of the Latin America. The total number of Wal-Mart’s international locations exceeding the number of 6,100 enables the company to generate almost 30% of its revenue ($136, 318 mln in 2013) (Company Profile Wal-Mart Stores Inc, 26). Table 1 provides an overview of some of the key facts related to the Wal-Mart’s operations in different foreign markets.
Wal-Mart has started its international expansion with opening its stores or by acquiring established local retailers in neighboring countries, such as Mexico, Canada, Brazil and Argentina. The company’s success in these countries has encouraged the management to go further and expand to China, the UK, Japan, Central America, India, and African continent. Wal-mart has opened its stores in few countries, including Mexico, Argentina, Brazil, China, and India. In order to enter all other countries, Wal-Mart has applied Mergers & Acquisition strategy, buying out either whole leading retailing companies operating locally or some stake of
