Walmart`s Support to Stakeholders during the COVID-19 Crisis
| Case Code: BSTR630
Case Length: 16 Pages
Pub Date: 2022
Teaching Note: Not Available
Organization : Walmart Inc.
Industry : Retailing
Countries : United States
Themes: Stakeholder Management, Business Environment, Crisis Management,Business Continuity Planning
Abstract Case Intro 1 Case Intro 2 Excerpts
The history of Walmart dates back to the 1940s when Sam Walton (Walton) started his career at JC Penney, a chain of American mid-range department stores. In 1950, Walton purchased an Arkansas-based store from Luthe E Harrison and opened Walton’s 5 & 10. In 1962, Walton opened the first Walmart store in Rogers, Arkansas. Walton’s strategy was built on the decision to offer products at the lowest prices anytime, anywhere. Walmart went on to become successful with its original discount store format and by 1967, the Walton family owned 24 stores, with $12.7 million in sales. In 1969, the company was officially incorporated as Wal-Mart Stores, Inc. By 1969, Walton had established 18 Wal-Mart stores, reporting annual sales of $44 million...
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