Eleven Years Walmart

In: Business and Management

Submitted By fercarr
Words 1083
Pages 5
2008 Financial Review
Eleven-Year Financial Summary
(Dollar amounts in millions, except per share data)

Fiscal Year Ended January 31, Operating results Net sales Net sales increase Comparable store sales increase in the United States(1) Cost of sales Operating, selling, general and administrative expenses Interest expense, net Effective tax rate Income from continuing operations Net income Per share of common stock: Income from continuing operations, diluted Net income, diluted Dividends Financial position Current assets of continuing operations Inventories Property, equipment and capital lease assets, net Total assets of continuing operations Current liabilities of continuing operations Long-term debt Long-term obligations under capital leases Shareholders’ equity Financial ratios Current ratio Return on assets(2) Return on shareholders’ equity(3) Other year-end data Wal-Mart Stores Segment Discount stores in the United States Supercenters in the United States Neighborhood Markets in the United States Sam’s Club Segment Sam’s Clubs in the United States International Segment Units outside the United States

2008 $374,526 8.6% 2% $286,515 70,288 1,798 34.2% $ 12,884 12,731 $ 3.16 3.13 0.88

2007 $344,992 11.7% 2% $264,152 64,001 1,529 33.6% $ 12,178 11,284 $ 2.92 2.71 0.67

2006 $308,945 9.8% 3% $237,649 55,739 1,178 33.1% $ 11,408 11,231 $ 2.72 2.68 0.60

$ 47,585 35,180 97,017 163,514 58,454 29,799 3,603 64,608 0.8 8.4% 21.1%

$ 46,982 33,685 88,440 151,587 52,148 27,222 3,513 61,573 0.9 8.8% 22.0%

$ 43,752 31,910 77,865 136,230 48,954 26,429 3,667 53,171 0.9 9.3% 22.9%

971 2,447 132 591 3,121

1,075 2,256 112 579 2,757

1,209 1,980 100 567 2,181

(1) For fiscal 2006 and prior years, we considered comparable store sales to be sales at stores that were open as of February 1st of the prior fiscal year and which had not been converted,…...

Similar Documents

7-Eleven

...1. Describe the type of supply chain used by 7-Eleven. For example are they agile, adaptable, aligned? 7-Eleven is the largest operator and franchisor of convenience stores in the world, with more than 46,000 outlets and currently selling 500 million litres of petrol, $500 million of merchandise and serving almost 80 million customers worldwide. With figures like this, you have to wonder how they did it? Aside from the fact that the store operates 24 hours a day, 365 days a year and hence adhere to the ‘convenience store’ label, 7-Eleven addressed some key aspects that often other organisations overlook. “We must be open to change to remain successful,” said7-Eleven CEO Joe DePinto (and recent “Undercover Boss”) at the conclusion of his Tuesday morning keynote address at the IFA 2011 Annual Convention. Noticing a need to change, 7-Eleven turned their whole outlook around, focusing on the franchisees instead of focusing on the headquarters of the organisation. After all, the franchisees are the ones that work at ground level with customers on a day to day basis, establishing relationships and recognising customer needs. 7-Elevens response to a changing marketplace yielded significant benefits and further more allowed the implementation of technology and supply chain integration to increase functionality. An efficient supply chain maximises planning, organising and helps distribute a flow of the organisations product to end customers. This is done through implementing......

Words: 2460 - Pages: 10

Seven Eleven

...CASE: SEVEN ELEVEN JAPAN Executive Summary I Executive Summary The goal of this case is to analyze how a firm can be successful by structuring its supply chain to support its supply chain strategy. Once Seven-Eleven Japan decided to provide responsiveness by rapid replenishment, it then structured its facilities, inventory, information, and distribution to support this choice. The case also brings up the question of whether the same approach can work in the United States, especially given the greater distances and lower store density. Table of Contents II I Table of Contents Executive Summary ................................................................................................................. I II List of Abbreviations......................................................................................................... III 1 Seven-Eleven Japan Co........................................................................................................ 1 1.1 History and Profile ........................................................................................................... 1 1.2 Framework of further discussions .................................................................................... 1 2 Discussion ............................................................................................................................ 1 2.1 Supply Chain Responsiveness ..................................................................

Words: 2194 - Pages: 9

Walmart

...Walmart: Global Strategic Expansion - Executive Summary Since introducing its first international store in 1991, Walmart has transformed itself from an American retail giant into a global one, leveraging a wealth of resources to strategically expand operations. Although Walmart must contend with several formidable competitors, the retailer has successfully opened thousands of stores across the globe; most frequently, it has added international units through the acquisition of foreign retailers, which simultaneously reduces its competition and furthers its dominance. Walmart has differentiated itself by coupling its understanding of political, economic, legal, and cultural systems within target markets with its low-cost, high-quality approach to mass retail. Utilizing simultaneous strategic multiple thrusts, Walmart has developed layers of competitive advantage to establish itself as the world’s leading retailer. Focusing on strategic expansion, Walmart currently operates 9,826 stores across twenty-eight countries, allowing it to capture global scale efficiencies by creating a coordinated and integrated network of interdependent stores. Each unit within its network is regarded as a source of ideas and capabilities, and innovation is diffused across the company through initiatives such as a market-by-market training program that helps increase the company’s responsiveness to local demands and preferences. Thus, Walmart has established itself as a transnational corporation by......

Words: 5506 - Pages: 23

7 Eleven

...7-ELEVEN HOW TO TRUN THE SITUATION AROUND In April, 2011. Allen Zhang, the 7-eleven’s Chief Operator of Eastern Market in China, was standing in front of the window of his office. He was called into deep thought by the dilemma facing the company. On the video conferencing just held, headquarter in Taiwan was very dissatisfied with the poor performance of the branch office in Shanghai, which runs counter to its expectations. Allen looked at the crowded street. He found that the only 7-eleven convenience store on the street was besieged by two FamilyMart stores that were filled with customers. He couldn’t help wondering: What’s wrong with the company’s strategy that was so successful in such overseas markets as Japan, Taiwan, and US, but failed the competition in Shanghai? What contributes to the competitor’s success? Is it because the voluntary chain style that FmailyMart adopts is superior than the regular chain style that 7-eleven adopts in Shanghai? If 7-eleven were to open its market by changing the regular chain style to voluntary chain style, would it turn the situation around or would it evoke new problems? Obsessed with all of these questions, Allen realized that it is time for some changes for the company to achieve its initial goals and as the big market share as possible in this promising market. CONTEXT THE CVS (CONVENIENT STORE) INDUSTRY The prosperity of the convenient stores is because supermarkets are almost all of large scales and in the......

Words: 4172 - Pages: 17

Walmart

...Walmart Slide1 Welcome to our presentation, our topic is Walmart, I will present the pro arguments for Walmart and Cherrif will present the arguments against Walmart. Slide 2 First of all I want to say some basic facts about walmart. Sam Walton created walmart in the year 1962 and he opened the first walmart in the same year in 1962 in Arkansas. Today we can say walmart has more than 9000 stores worldwide and its spread over 15 countries. Think about it for a second Sam Walton created walmart only 50 years ago and the company has over 2 million employees. That is amazing. Slide 3 Now you can see a quote from Sam Walton about Walmart. Slide reading. That is everything what expect from a store for customers. Slide 4 Some more facts: it is the worlds lagest public corporation by revenue. Furthermore the largest private employer in the world. A really important part in walmart is the grocery part, it is the largest grocery seller in the US and it is friendly to children you can see it in the fact that walmart is the largest toy seller in the us. Slide 5 Walmart has not only toys or a big grocery part, walmart brings low prices and the conveniece of shopping at one place, where you can find everything. You dont have to go to different stores to buy, walmart has everything what you need. You save a lot of time to go to walmart and buy there. Plus the walmart prices are between 15% and 22% less expenisive than the market price/ the other stores. And it is open...

Words: 689 - Pages: 3

Walmart

...Cost Leadership and Differentiation Strategies @Walmart Submitted by: Samrat Basu INDEX PAGE Walmart Origin Page-3 Walmart Mission/Vision Page-4 Corporate Culture@ Walmart Page-4 Competitive Position of Walmart Page 5-6 Strategies @ Walmart Page 6-9 Private Label and Store Layout Page 9-11 Conclusion Page-11 Appendix Page 12 References and Bibliography Page 13-14 Wal-Mart- Origin Wal-Mart was the product of Sam Walton, a businessman from Arkansas. In the late 1940s, in USA, a retailer who was successful in obtaining a sufficient discount for his products from the whole-seller, used to sell the products at full price to the customers and thus enjoyed a substantial amount of profit. Sam Walton during that time was working as a retailer at a J.C. Penney store in Des Moines, Iowa.(Walton & Huey, 1993) Incidentally while working there, he was introduced to Butler Brothers, a big retailer who had chains of variety stores known as Ben Franklin and Sam was......

Words: 4491 - Pages: 18

Walmart Case

...externally (Sims, 97). Organizational environment in Walmart The general environment has several phases listed as economic, socio-cultural, global technological, political and demographic phase. The general weakness of the world economy has not deterred Walmart from posting eleven per cent increase in sales. It has grown to become the world’s most powerful retailer in the recent past. The company has been focusing on low income earners with it stores built on warehouses that minimal décor. Walmart has been operating globally having different stores for different folks. It has penetrated into Mexico, Brazil, Argentina, Germany and United Kingdom among other nations. Walmart has been a leader in the field of technology so as to ensure maximal efficiency in operations. The store deployed its own private satellite network, and managed its logistics via a central system for all warehouses and distribution centers. The store has been ranked as the largest employer amongst the private industries back in the year 2004. This is because it hosted over one million associates in its ranks. Walmart has not been operating as a monopoly. It has had a fair share of competition in the market making it work extra hard so as to remain relevant and competent. The main competitors of Walmart are departmental stores like Kmart, Target corporation, Meijer and Shopko, Giant Tiger among others. Some other smaller retailers which have given Walmart a run for its money include Family Dollar and......

Words: 865 - Pages: 4

Walmart

...Christopher Gallanty “Is Wal-mart good for America?” The Twenty-First century is about: low prices, convenience and quality when it comes to shopping. The “great” American superstore, Wal-mart has just about everything under the sun. From tires, groceries, hunting gear and electronics it is almost a guarantee you will find what you need while roaming any of their Eleven Thousand and counting, establishments. As Americans differ in economic standing, some see Wal-mart as the best way to keep afloat, yet on the other hand some beg to differ. There are some obvious cons and pros to this establishment, but PBS’s documentary surfaced some concerning facts that may change the mind of some and further validate their opinions. “Save money. Live Better. Walmart.” The current slogan Wal-mart has stuck to for the past seven years or so. Wal-mart generates the most revenue out of every company in the United States with Exxon Mobil in second. In the United States alone, Wal-mart employs 1.3 million people and over Two million worldwide. The great American superstore is a grocery market, auto shop, mall and electronic supplier all in one. When you come to Wal-mart you can expect: thousands of products, hundreds of people and the lowest prices around. Wal-mart has one business plan and executes is beautifully as one can see due to the fact they are America’s highest revenue generating company. Their business plan is better known as “push and pull”. Push and pull refers to the......

Words: 1172 - Pages: 5

Walmart

...A local business that I frequent is Walmart. I go there on almost a weekly basis to get groceries and other necessities. The three main components of a business model are its business commerce, business occupation, and business organization. Business as a commerce is the process in which people produce, exchange, and trade goods and services. Walmart’s business commerce is trade. As Walmart has expanded, they are engaged in not only the trade of goods, but also services. Most Walmart stores have a variety of services that are provided, from a pharmacy, to a photo studio, hair care salon, etc. Business as an occupation is the set of skills and abilities that an organization has that allows them to create value in the goods and services that they offer. In the case of Walmart, a highly efficient set of skills and abilities exist. The company is set up to encourage efficiency and mass purchasing power, which allows Walmart to undercut its competitor’s pricing. Furthermore, Walmart invests significant amounts of money in employee training, which further supports the skill set of the business. Business as an organization is the system of authority and relationships that control interactions between people and move the organization towards a common goal. Walmart’s organization is one of its strong points, as it is organized according to a divisional structure, utilizing a market structure. Walmart, over the years, has greatly expanded its market structure, which allows it to......

Words: 255 - Pages: 2

Walmart

...UNIVERSITI KUALA LUMPUR BUSINESS SCHOOL ECB30103 STRATEGIC MANAGEMENT GROUP ASSIGNMENT: WALMART PREPARED BY: GROUP MEMBER 1) NURSYAHIDAH BINTI RAZALI 62283113720 2) NURUL NABILAH BINTI RAZALI 62283313248 3) NURUL ZAITUN BINTI ABDUL MALIK 62283313168 4) UMMI KHALSUM BINTI RAHMAT 62283313053 PREPARED FOR: LECTURER’S NAME: MOHD HAIZAM BIN MOHD SAUDI 1. What is the nature of the company business? What are their product lines? Wal-Mart is the World's largest retailer. It has over 11,500 stores in 28 countries across the globe. Wal-Mart is an American multinational retail corporation that operates a chain of hypermarkets, discount department stores and grocery stores. Walmart products include discount stores, cash and carry wholesale, warehouse club, super-center, supermarket and superstore and also an e-commerce business. 2. Develop a suitable vision and mission statement for the company. Vision i. To be the best retailer in the hearts and mind of consumer and employees. ii. To promote ownership of Wal-Mart ethical culture to all stakeholder globally. Mission i. Saving the people's money so they can live better. ii. If we work together we will lower the cost of living for everyone. iii. Save money. Live better. 3. Using the following template, develop EIGHT (8) core business objectives in fulfilling the stakeholder’s expectation. Please......

Words: 7815 - Pages: 32

Eleven

...In the short story, “Eleven” by Sandra Cisneros, a young girl is describing her 11th birthday at school. The girl, whose name is Rachel, offers her opinion of how she doesn’t any different on her birthday then the day before. In the story, Mrs. Price, falsely claims Rachel of owning an ugly red sweater. In this short story, the symbolism used in the 5th paragraph in where she wishes she was a hundred and two then eleven as she would have known what to say to the teacher Mrs. Price when Mrs. Price put the red sweater on her desk. Showing that being a hundred and two you’d have entirely more knowledge then an eleven year old. This meaning entirely relates to the story as early in the passage, as when Rachel is describing on how you never really feel how old you are when you turn the next age. You don’t feel as smart in the age you’re in until you’re towards the next age. You get smarter as you age on is what Rachel is trying to get across. Throughout the passage you see the red sweater as a symbol. The sweater can be seen to symbolize the power other people have over Rachel. Say we see the classroom as a mini-social sphere, then it becomes obvious that Rachel doesn’t have much of a say on how things are going to go down. Mrs. Price sets the sweater on Rachel’s desk, and even though it doesn’t fit, smells of cottage cheese, and repulses her with the germs that are not hers. The powers others hold over you can be both scary and surprising, as we see is the case with Rachel and......

Words: 490 - Pages: 2

Walmart

...| Walmart | | | | | Danielle S Holley | 11/28/2011 | | Firms choose from different business-level strategies in order to proposer in today’s markets. One of these being the Cost Leadership Strategy, an integrated set of actions taken to produce goods or services with features that are acceptable to customers at the lowest cost, in comparison to their competitors. Firms that chose to use this strategy must sell standardized goods and services which have to also include competitive levels of differentiation to the market’s regular customers. Cost leaders have to examine all support activities to find extra resources in order to cut production costs allowing them to maintain low costs for their customers. In any industry fixed and variable costs can cause companies to go out of business. Cost Leadership Strategy can put a strain on companies because they have to keep developing new technology that can support low cost goods and services (with differentiation) as well as low production costs to satisfy the needs of customers in the market place. Using this strategy effectively can earn firms above-average returns in spite of rivals in the industry. Having the low-cost position in an industry is valuable way to deal with competitors. The cost leader’s strategic position causes competitors to think twice before they compete on the basics of price and technology against the potential outcomes of such competition (Hitt). Walmart is known for its......

Words: 5753 - Pages: 24

Japan and Walmart

...Walmart in Japan I. Problem identification phase Introduction Walmart is an American international retail company that is headquartered in Bentonville, Arkansas. The company began operations in 1962 after being founded by Sam Walton and incorporated in 1969. The present brand name—Walmart—came about in 2008 and before that it was referred to as Wal-Mart. The company is famous for operating chains of large discount departmental stores and warehouse stores. Presently, the company is the 18th public corporation in terms of size and the biggest in terms of revenue, private employment, and retailer (Walmart 2011 Annual report). Furthermore, the largest shareholders are the Walton’s with 48% shares; hence they control the company. The company has approximately 9000 stores in over 15 countries all operating under different names. For instance, in Mexico it is called Walmex, in UK Asda, and in Japan Seiyu. This article analyses Walmart in Japan through three phases. The three phases are: problem identification, analysis, and solution phases. Background Walmart bought 6.2% of Seiyu in May 2002 (Holstein 73). The shares of the company increased over time and in 2005 December, Walmart was the majority shareholder of 50.9%. In 2008, Seiyu was entirely owned by Walmart whose headquarters are in Tokyo. The company has 419 retail units that are inclusive of: Seiyu Hypermarket, Seiyu Supermarket, Wakana, and Seiyu General Merchendise. Setting operations in Japan was not an easy......

Words: 2606 - Pages: 11

Walmart

...UNETHICAL PRACTICES IN WALMART As America’s largest employer and most successful company ,it has tremendous influence. However the company’s business practices have negatively impacted its employee throughout the countries like USA. Walmart has let American workers down by lowering wages and by forcing good paying American jobs overseas. Its leaders have chosen to cut costs and violate labour laws. As a result of these practices walmart has been subject of criticism by various groups and individuals. Labour unions ,community groups, grassroots organizations, religious organizations, and environmental groups have all protested the company’s policies and business practices at various times. Some areas to be worth considering are as follows; LABOUR UNIONS: walmart appears committed to follow anti-union policies and preventing workers from organizing. In the past few years, over 100 unfair labour practices charges have been filed against walmart throughout the country. Violations include illegally firing workers who attempt to organize a union, unlawful surveillance, threats and intimidation of employees. So much so that when the first even union was formed in one of the stores in North America, it closed down. FLSA VIOLATIONS: walmart ,a frequent violator of wage and hour laws,now finds itself defending in labour practices in legal battles across the nation. It is currently facing more than 80 lawsuits alleging that employees were forced to work off the clock and skip......

Words: 522 - Pages: 3

Walmart

...Week Four - Business Analysis Part I Before we conduct a SWOT analysis on Walmart, I want to give a brief history of the company. Walmart was founded in 1962 in Bentonville, Arkansas. Sam Walton’s vision was to achieve high volume of sales by maintaining sales price lower than competitors, which meant he had to reduce his profit margins. This multinational organization has been an example of growth, stability, profitability, and leadership in the retail business. The company is the second largest public corporation in America on the list of Fortune 500 in 2012 with 446,950 million dollars in revenue and $15,669 million dollars in profit (CNN Money, 2012). SWOT Analysis Strengths * The biggest private employer in the world (CNN Money, 2012). * Low price leader in the market since the beginning. * Second America’s largest corporation in 2012 (CNN Money, 2012). * One stop shop. Wide range of products under one roof. * Worldwide presence with more than 10,000 stores in 27 countries (Duke, 2012). * Leverage in the marketplace because of high purchasing volume. Weaknesses * Criticized of low paying jobs to its employees. * Limited grow opportunities to its employees. * Deficiency in the upscale market. * Adverse effects on small business in local community * Suppliers have to cut margins to sell their merchandise. * Monopolistic business. Opportunities * Pursue new international markets, especially in Asia and...

Words: 1302 - Pages: 6