Corporate Governance at Wal-Mart
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Case Code: CGOX013 Case Length: 16 Pages Period: 2004 Pub Date: 2004 Teaching Note: Not Available |
Price: Rs.300 Organization: Wal-Mart Industry: Retail Countries: US, UK Themes: - |
Abstract Case Intro 1 Excerpts
Introduction
In 2003, Wal-Mart was the world's leading retailer, with about 4,700 stores, including 2,900-plus discount stores (Wal-Mart), combination discount and grocery stores (Wal-Mart Supercenters in USA and ASDA in the UK), and membership-only warehouse stores (SAM'S CLUB). Most of its stores were in the US, but Wal-Mart was also expanding internationally. It was the leading retailer in Canada and Mexico. Wal-Mart also had operations in South America, Asia, and Europe. Wal-Mart was famous for its low prices and its breadth of merchandise. The chain offered food, clothing and a range of other items including electronics, health and beauty products, sporting goods, toys and prescription drugs.
Wal-Mart had plans to start offering unlimited Internet access, and it was testing the sale of household appliances and bedding in some stores. It also sold products online. To fuel its global expansion, Wal-Mart had plans to add 800,000 workers worldwide over the next five years and up to 130 new stores in existing markets in 2003. In the US up to 165 stores were slated to open in 2003 and some 170 properties would be modified or expanded. By the end of 2003, Wal-Mart expected Supercenters to outnumber traditional discount stores for the first time....
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