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Denny Lau TMAN 613 11/12/2004 Professor Shilesky Case Study Analysis: Wal-Mart Stores, Inc. When Sam Walton opened the first "Wal-Mart Discount City" back in 1962 in Rogers, Arkansas, he envisioned opening a discount store that offers one-stop shopping for all its customers. But little did Walton know that his vision will lead his Wal-Mart business in becoming the single largest retail operation in world, with sales of $217.8 billion in 2001 (Wheelen, 2002). The numbers, contrary to the store prices, are anything but low - the Company operated 1,478 Discount Stores, 1,471 Supercenters, 538 SAM'S Clubs and 64 Neighborhood Markets in the United States alone. Wal-Mart also had established international presence in eight countries and Puerto Rico (Bhatnagar, 2004). Depending on location, Wal-Mart Stores, Inc. operates its retail business in various formats: Wal-Mart Stores, SAM'S CLUB and International. But in a time where discount retailers like Kmart and Sears are struggling year after year, Wal-Mart...

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