Bus 640 Decision Making Research And Analysis

Wal-Mart Company Background NameWal-Mart Stores Inc.Industries servedRetailGeographic areas servedWorldwideHeadquartersBentonville, USCurrent CEOMike DukeRevenue 466.950 billion (2012)Profit 15.699 billion (2012)Employees2.2 million (2012)Main CompetitorsDollar General Corporation, Costco Wholesale Corporation, Sears Holdings Corporation, Dollar Tree, Inc., Kohls Corporation, Target Company Profile Wal-Mart is the biggest American MNC which has chains of largest discount departmental stores and also the warehouses. The company is also known as the worlds third largest public corporation according to the Fortune Global 500 annual list in 2012. It employs close to 2 million employees and it also has the credit that this is the biggest private corporate giant. Wal-Mart is still a family owned company and it belongs to the family of Walton and they actually own 48 of the Wal-Mart business. Wal-Mart was found by Sam in the year of 1962 and the company got incorporated as Wal-MartInc. in the year of 1969. The same became a publicly traded company in the New York Stock exchange only in the year of 1972. Sam Walton initially purchased one of the Be franklin stores and started Wal-Mart with its family name Walton and was named as Walton stores. The company has generated close to 250 billion sales just from its grocery