Wal mart and discount retailing industry analysisEssay Preview: Wal mart and discount retailing industry analysisReport this essayIn the 1950s, Wal-Mart started with few discount stores situated only in small and rural towns.From the beginning, Sam Walton has built a culture with “low-cost” products, a unique value culture where value are preferential to luxury.Nowadays, Wal-Mart is the most valuable firm in the world. According to the 2008 Fortune 500 index, Wal-Mart Stores Inc. is the number one retailer.In 2008, Wal-Mart stores, Inc. possessed 971 discount stores, 2447 supercenters, 591 Sams Clubs, and 132 Neighborhood Markets in America. Wal-Mart in addition operates overseas, in 12 countries that include Canada, Mexico, UK and China.
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Walmart, also known as WalMart Direct, provides a full-service discount store for about $30 per order. In addition to those great discounts from Sam’s Club, a discount store in San Francisco, Sam’s Club offers discounts on everything from personal care products ($100), health insurance ($75), and jewelry and accessories ($60). Sam’s Club has more than 100 outlets in a 16-acre, 3,600-square-foot space in San Francisco. According to data by Gurgaon Consulting, the number of stores in the U.S. market was at a record high of 1.1 million two years ago.While in the U.S., Sam’s Club began selling discount goods in the early 1970s and was known mostly as the “Walmart of the South”. When Sam’s Club began offering the largest collection of Sam’s Club specialty goods in 1979, they began offering a discount on those products with savings on the first year.Sam’s Club was named by the Associated Press as its “Top-Rated Business in 1978.” Sam’s Club sold over 7 million Sam’s Clubs in 1978 and was ranked #21 among all retailers nationally in 1980. When Sam’s Club was shut down in 1985, Sam’s Club was renamed as Sams Club Mart, Sams Club Mart, Sams Club Mart, Sams Club Mart, Sams Club Mart, Sams Clubs, Sams Clubs Mart, Sams Clubs Mart, Sams Clubs Mart, Sams Clubs Mart, Sams Clubs Mart, Sams Clubs Mart, Sams Stores Mart. Today, nearly 400 Sams Clubs and Sams Clubs worldwide, as well as Sams Clubs and Sams Stores Mart (Sams Stores Mart and Savings Mart), are owned and operated by Wal-Mart Stores, Inc..
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Walmart, also known as WalMart Direct, provides a full-service discount store for about $30 per order. In addition to those great discounts from Sam’s Club, a discount store in San Francisco, Sam’s Club offers discounts on everything from personal care products ($100), health insurance ($75), and jewelry and accessories ($60). Sam’s Club has more than 100 outlets in a 16-acre, 3,600-square-foot space in San Francisco. According to data by Gurgaon Consulting, the number of stores in the U.S. market was at a record high of 1.1 million two years ago.While in the U.S., Sam’s Club began selling discount goods in the early 1970s and was known mostly as the “Walmart of the South”. When Sam’s Club began offering the largest collection of Sam’s Club specialty goods in 1979, they began offering a discount on those products with savings on the first year.Sam’s Club was named by the Associated Press as its “Top-Rated Business in 1978.” Sam’s Club sold over 7 million Sam’s Clubs in 1978 and was ranked #21 among all retailers nationally in 1980. When Sam’s Club was shut down in 1985, Sam’s Club was renamed as Sams Club Mart, Sams Club Mart, Sams Club Mart, Sams Club Mart, Sams Club Mart, Sams Clubs, Sams Clubs Mart, Sams Clubs Mart, Sams Clubs Mart, Sams Clubs Mart, Sams Clubs Mart, Sams Clubs Mart, Sams Stores Mart. Today, nearly 400 Sams Clubs and Sams Clubs worldwide, as well as Sams Clubs and Sams Stores Mart (Sams Stores Mart and Savings Mart), are owned and operated by Wal-Mart Stores, Inc..
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