Walmart’s New Strategy
Essay title: Walmart’s New Strategy
WAL-MARTS NEW STRATEGY
AN ANALYSIS AND PLAN OF ACTION
INTRODUCTION
Wal-Mart has long been known for things both good and bad. For example, on one hand, they provide convenience for the shopper by offering a one-stop shopping experience at an affordable price. On the other hand, a Wal-Mart entering a smaller community can mean death and demise for small-town businesses whose services will now be served by a lower-priced Wal-Mart.

In late October of 2005, the CEO of Wal-Mart, Lee Scott, announced a new strategy. This strategy called for broad systemic changes in hopes of encouraging and achieving sustainability. This paper contains the following three parts: Part I. Analysis of Wal-Marts strategy, Part II. Planning Process for IT at Wal-Mart, and Part III. Conclusion.

PART I: ANALYSIS OF WAL-MARTS STRATEGY
SWOT Analysis
Strengths

Strong name recognition and customer base

Largest retailer in the world

High ability to have an impact socially and economically

Pioneering abilities and experience

Largest employer in the world

Among the highest for net sales in the world

Has maintained an aggressive growth strategy adding new stores at a high rate

Global presence
Weaknesses

The source of public criticism over low wages, poor health care, killing the small town, discrimination, and violating child labor laws

Price deflation because of purchasing a high quantity of items and having to sell at reduced cost (overstocking)

Too many stores too close together

High employee turnover rate

Do not attract higher income customers

History of making promises it cant keep in regards to earnings

So many suppliers they are hard to track
Opportunities

Because of company size and world infiltration, efforts supported can be accomplished

No strong presence in many parts of Europe

Room to increase efficiency of energy in both trucks and stores

Reduction of emissions and solid waste

Provision of affordable health care for all

Wage improvements

Affordable and convenient health care for all
Threats

Other low price vendors such as dollar

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Wal-Mart And Affordable Price. (July 10, 2021). Retrieved from https://www.freeessays.education/wal-mart-and-affordable-price-essay/