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Industry Case Write-Up. Close examination of Wal-Mart. Yanlong Li BUS 240 - 001. Retail Industry -. Retailing consists of sale of goods/items/merchandise from fixed locations Includes many sorts of formats, different in size and shape Discount Warehouse Department Convenience Catalog.
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Industry Case Write-Up Close examination of Wal-Mart Yanlong Li BUS 240 - 001
Retail Industry - • Retailing consists of sale of goods/items/merchandise from fixed locations • Includes many sorts of formats, different in size and shape • Discount • Warehouse • Department • Convenience • Catalog
Figures - • Top 100 U.S. Retailers Account for $1.74 Trillion in Sales (2008) • Wal-Mart - $379 billion (2007) • Nearly five times that of second-place Home Depot • Follow by CVS, Kroger • Others – Costco, Target, Sears, Kmart
History of Wal-Mart - • First store was founded by Sam Walton in Rogers, Arkansas in 1962 • First distribution center and home office 1970 • Incorporated in October, 1969 and listed in NYSE in 1972 • Owns and operates Sam’s Club • International market
More Wal-Mart Figures - • Market cap – $202 Billion (2008) • Revenue - $404.16 Billion (2009) • Operating income - $30.07 Billion (2009) • Net income - $13.59 Billion (2009) • Total assets - $163.514 Billion (2007) • Total equity - $64.608 Billion (2007) • Total employees – 2,100,000 (2008)
Wal-Mart and IT/ITS - • Wal-Mart POS System • Electronic compunctions and linkage • Bar Code and UPC • RFID • UCCnet
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