This paper discusses Wal-Mart's strategic complexion in the years 2000 through 2002. It explains that while Wal-Mart has been successful throughout this period it suffered some serious performance issues as well as a reduction in revenues. It contends that Wal-Mart's strategies of moving forward should be based on its aggressive growth strategies with an emphasis on international expansion. The paper claims that Wal-Mart should also continue to rely on its industry leading implementation of technology to create separation from its competitors in the market.
From the Paper:
"Wal-Mart Stores, Inc. operates retail stores in various retailing formats in all 50 states in the United States. The Wal-Mart Stores segment includes its discount stores, SuperCenters, and Neighborhood Markets in the United States (Wal-Mart, 2004). The SAM's CLUB segment includes the warehouse membership clubs in the United States. The International segment includes all of its operations in Argentina, Brazil, Canada, China, Japan, Germany, Korea, Mexico, Puerto Rico and the United Kingdom. For fiscal year 2002 Wal-Mart reported total sales of $217,799m, net income of $6,671m, and total assets of $28,246m (Wal-Mart, 2004). Strategic Posture Mission. Wal-Mart's mission has been focused on maintaining its growth trajectory without interruption. Objectives. The objectives are to maintain revenues through the economic downturn in a fashion that supports its growth strategies. Strategies. Wal-Mart's strategy is to grow organically in ..."
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