WalMart :: essays research papers

Wal-Marts philosophy has always been to nominate everyday low prices and superior customer service. except this philosophy power have stared potential customers away from Wal-Mart. M all people, including myself, have the misconception that Wal-Mart only shifts necessities that the ordinary working class family can afford. An extreme eye opener for me was a recent television commercial by Wal-Mart. I saw that they in like manner change flat panel televisions, which is considered a luxury item for any social class. After going to their website to see what other luxury items Wal-Mart sold I was amazed at the number of items I found that were non the necessities which I stereotyped them selling. Wal-Mart has to change the publics opinion of the items that they sell and the types of people that it has in mind of serving.Sam Walton was the shrewd businessman cigarette the worlds largest retailer. After working his way through the University of Missouri as a newspaper delivery boy , he got a job in diethylstilbestrol Moines, Iowa as a management trainee for J.C. Penny at a wages of $75 a month. Walton borrowed some money from his father-in-law and opened a mix store after serving as an Army captain in World War II. A chain of drugstores followed. He went into business with his sidekick Bud, and by 1960, the Waltons 15 stores were taking in $1.4 million a year. But Walton soon saw a challenging new competitor vacate in the discount store. The Walton brothers opened their first Wal-Mart in 1962 in Rogers, Arkansas. Specializing in name brands at low prices, the chain of Wal-Mart stores sprang up across awkward America. Wal-Marts sales grew to $26 gazillion by 1989, compared to $1 billion in 1980. By 1990, Wal-Mart was the largest U.S.