...Walmart Financial Statement of Analysis Jeremy Irwin ACC205: Principles of Accounting I Carolyn Wood May 26, 2014 Wal-Mart Stores Inc. operates retail stores in various formats worldwide. The company operates through three segments: Walmart U.S., Walmart International, and Sam’s Club. It operates discount stores, supermarkets, supercenters, hypermarkets, warehouse clubs, restaurants, apparel stores, drug stores, and convenience stores, as well as various retail Websites, such as walmart.com and samsclub.com. The company’s stores offer meat, produce, deli, bakery, dairy, frozen foods, alcoholic and nonalcoholic beverages, and floral and dry grocery; health and beauty aids, baby products, household chemicals, paper goods, and pet supplies; electronics, toys, cameras and supplies, photo processing services, cellular phones, cellular service plan contracts and prepaid service, movies, music, video games, and books; and pharmacy, optical services, and over-the-counter drugs. Its merchandise also include stationery, automotive accessories, hardware and paint, sporting goods, fabrics and crafts, and seasonal merchandise; apparel for women, girls, men, boys, and infants, as well as shoes, jewelry, and accessories; and home furnishings, housewares and small appliances, bedding, home décor, outdoor living, and horticulture products. The company also provides financial services and related products, including money orders, prepaid cards, wire transfers, check cashing, and bill payment...
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...primary intent of this paper is to compare the current strategy and operational approaches for two pharmacy retail stores such as Walmart and Walgreens chain stores. A SWOT analysis for both companies is bellow in table. My understanding after the initial study / investigation is that Walgreens has chosen to be conservative with their strategy in increasing their customer reach, market and base by a more organic growth than Walmart which growth approach is to rapidly build small and large supercenters on major neighborhoods in the United States and key cities around the world. The main strategy reporting evidence that reflect these two companies operational growth is mainly reflected in each financial statement that shows profit and loses for each company and their reinvestment percentage into each one. The financial analyses display the result of each company decisions to their market growth approach and impact on investment. Because of their more conservative stand and minimum risk taken by Walgreen’s, their operations model seems more solid and better prepare to accept their rate of growth in contrast to Walmart aggressive scheduled and heavy investment direction. Two different and what appear to be very effective approaches despite their very recent and impressive operations growth for each company. SWOT Analysis Walmart Weakness * Walmart approach to go with large space stores has little penetration in urban stores, plus as it continue to open in larger cities...
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...Walmart Corporation (Financial Overview) William Jones ACC205: Principles of Accounting Instructor: Emmett Denham Date: 2/09/2015 While inaccurate accounting can cause misleading information about the company, every successful company should develop an income statement and balance sheet when monitoring financial growth. Also, formulating a horizontal and ratio analysis creates an accurate trend of the company spending behavior and debt-to-ratio venerability. A balance sheet can be considered as the bloodline of the company, allowing a quick view of financial fluency which could be attractive to outside investors. Last but not least, the income statement presents a hard result of gains, liabilities, revenues and debt within a yearly and quarterly format. Company Overview (Abstract) The Walmart Corporation first opened in 1962, inspired by Mr. Sam Walton. The vision to serve the local neighborhood with consumer goods in a demographically convenient format was an innovative was to corner the market against its competitors. The main niche behind the great Waldo’s world was the concept of spending less for more product quantity and quality. As time progressed, consumers became loyal to the Walmart brand with the confidence that a value of a product can meet every financial standard when cross price comparison against market competitors. The Walmart Corporation competes in the consumer goods industry consisting of groceries, clothing, electronics, household items, garden...
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...Website design comparison Walmart and Target websites Factor 1: Speed Speed matters when it comes to the quality of a website. It is the rate at which a website loads fast enough for customers to perform their transactions. It keeps users happy and engaged by providing a fast performing website. Using gtmetrics.com to analyze these two websites, both website loads at equal pace. Target also surpasses Walmart in request counts, page Sizes and page load times. In summary, the Target website is better than Home Depot when compared by speed. Factor 2: Appealing design Simply having a website is not enough and another important factor in building traffic to your website is the appearance of your website. I find the Walmart website more appealing than Target. The use of pictures to denote different departmental categories and the layout design makes Walmart website more attractive. Although, both website had their sale items displayed in pictures, Walmart has pictures to denote both regular and sale items. Walmart uses a color that makes user’s experience more fascinating than that of Target. Navigation on the Walmart website is easier with these aforementioned factors when compared to the Target website. Factor 3: Audience Overview When comparing both Walmart and Target websites, both websites are ranked 7/10 by Google but Alexa ranking puts the Walmart website ahead of Target. In my further analysis, more users visit the Walmart website. The traffic...
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...Comparing Walmart and Target Capital Expenditures University Comparing Walmart and Target Capital Expenditures In every business there is always a need for capital expenditures. Capital Expenditures can be very beneficial and can also differentiate the numbers from rival companies. According to readings “capital expenses are extensive and mostly hold a company’s substantial amount of money. Companies invest in prime property, plant, machinery, buildings and other forms of fixed assets, which also act as securities for the company. I chose to look up the Capital Expenditures of two companies that are known in many households: Walmart and Target. The annual report of mutually businesses over the past three years will be examined. This paper will examine and compare the reports and the amount of capital spending over the past three years while defining how the amount of capital spending remains constant or if it’s altered. Capital expenditures can determine the major financial decisions that a company must make in order to acquire a sound investment. This paper will attempt to expand on the clarification of capital expenditure and the impact it can have on the organization’s debt capacities and capital structures. As stated by Byrd and associates in the text, there should be a comparison of the level of capital spending across the two firms. The paper will further point out how the spending was similar and/or different and speculate why the similarities or differences might...
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...for many companies to emulate. The research will address pricing, production, global competition as well as their ability to maximize profits. Wal-Mart’s continual promotion and marketing techniques to the public announce their sustainability and the leader in low price competition. In any locations the price difference is not that significant in comparison to other outlets; however, Wal-Mart’s ability to decrease prices with many popular household goods sets them apart. They have incorporated aspects of the distribution process, thus eliminating outside entities and lowering costs. Other capacities include delivery systems, global supply chain practices, and the ability to supply and amass substantial goods and services. When we evaluate suppliers, we are looking for industry expertise and insight, along with the capability to deliver to a company of our size. This means we seek suppliers who are focused on helping deliver our value statement along with product quality, competitive cost and superior service, who understand our business model, have a solid foundation for capacity, and financial stability ("Walmart Corporate - Supplier Diversity", 2012). The competitive advantage remains evident from the predictable sales patterns of consumers and the incorporation from...
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...Vikram Bhakoo Class: Tuesday 6:15-9:15 MGMT90026 Supply Chain Management Group Assignment Dr. Vikram Bhakoo Class: Tuesday 6:15-9:15 By: Widad Alharthi 822694 Di Cao Wasinee Phornnarit Yang Chan By: Widad Alharthi 822694 Di Cao Wasinee Phornnarit Yang Chan Table of Contents Introduction: 2 1. Supply Chain Management Practices 4 1.1 Walmart 4 1.1.1 Strategic allignemnt 4 1.1.2 procurement and distribution 5 1.1.3 Logistic and distribution management 5 1.1.4 Inventory management 6 1.2 Amazon 8 2. Strategic Alliances 9 2.1 Walmart 9 2.2 Amazon 10 3. Technologies employed in the SC Network 11 3.1 Walmart 11 3.2 amazon 13 4. Challenges and risks 14 4.1 Walmart 14 4.2 Amazon 15 5. Comparison of sustainable strategies in Supply Chains 16 conclusion 17 References: 18 Appendices: 19 Section A: 19 Section B: 19 Section C: 20 Introduction: Executive summary: This report provides an analysis and evaluation of the current supply chain strategies employed by two leading retail corporates, Walmart and Amazon. The report draws attention to the following aspects; supply chain management practices, strategic alliances, Information Technology, challenges and risks,finally sustainability in the supply chain. Method of the analysis includes reviewing a collection academic journals from different databases, analysing company’s annual reports and viewing news article for new trends and...
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...retail stores (Rueter, 2012). Changes are also reported among the consumer trends with some opting not to shop at stores where the working environment is poor. Majority of students at San Diego State University also shop at large corporations with some citing trademark, reputation of the corporate and advertising as some of their reasons. Some are even relying on garage sales and the farmers market as their main shopping zones. However, there are differences among the students, as some prefer to shop at local stores because of the lowered prices and convenience while others shop for different things at different stores with no specific store in mind. This paper purposes to assert some of the reasons the students prefer the large stores like WalMart and their basis for such choices. Methods We conducted a survey in order to find conclusive answers to these crucial questions. Students at San Diego State University were the primary participants. We targeted different students from different class levels, ethnic background and different ages. Participating candidates were of both genders. Students...
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...discount stores are able to lower their prices Walmart and Target are both discounters. In times of economic recession, both focus solely on lowering prices. Target emphasises on the “Pay less” instead of the “expect more”. Walmart guarantees lowest prices. However, they target different customers. A study shows that Walmart’s customers’ average household income ranges about 30-60k a year. Walmart heavily emphasises its low prices. In contrast, Target offers more luxurious goods. Target caters more affluent shoppers. The average household income of Target customers is 64k a year. Target is by no means the most expensive retailer in the country, however, it is more expensive in comparison to it’s biggest rivals. To illustrate this, while Walmart sells basic no brand t-shirts, shorts, pyjamas, Target offers designer clothes with brands. Unlike Walmart, Target does not sell firearms and tobacco It depends on whether one’s preferences of inferior, or slightly more luxury goods, and is one willing to play slightly more for a comfortable shopping experience. - ex: Wider isles, cleaner, more comfortable atmosphere. In January 2014, Kantar retail ran another studying to look into the price differences between walmart and target. This study was measured on a ‘basket full of same stock keeping units’. Results of basket prices: Walmart’s basket price was 248.96$, while Target’s was 258.47$ A 3.8% pricing advantage for walmart. However, pricing advantage is not considered a...
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...Context: 1. Introduction 2 2. Background of Wal-Mart stores Inc. 3 3. Retail organization internatinalization expension 4 4. International Expansion of Wal-Mart in Maxico,china and canada 5 5. Comparison of Entry Modes 6 6. comparison of Opportunities 7 7. Final touch 8 8. Conclusion 9 9.Bibliography 10 1. Introduction: Being present and having to enter foreign markets is for many companies natural, while for other it is a new challenge that they have to face. This challenge, known as market entry, consists of three major decisions: where to enter, when to enter and how to enter different markets. Some companies are forced to internationalize in the early stages of their life due to small saturated home markets, while other companies choose to go abroad because of the great opportunities new markets might bring (Peng, 2006). Once deciding to go abroad and choosing the target market and timing, companies' need to consider the choice of entry modes. Generally, to choose international firm there are six different entry modes: exporting, turnkey projects, licensing, franchising, joint ventures, wholly owned subsidiary (Hill, 2004). Each entry mode its distinctive characteristics (see, e.g., Hill, 2004; Hill, et al, 1990; Hill and kim, 1988; Anderson and Gatignon, 1986; Madhok, 1997; Brouthers and Brouthers, 2000; Bishop 2006. Selecting a suitable entry mode is a difficult decision for firms interested in entering a foreign market (Agarwal and Ramaswami, 1992). Sometimes...
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...Walmart: Is it Right for Russia? Introduction Walmart is the largest retail in the world and employs over $2.1 million Associates. The company has been revered by some as the #1 retail service provider due to its ability to offer the lowest price to all customers. Walmart’s strategy, due to its large size and purchase power, is the strategy for commanding the low purchase price of merchandise from its suppliers. In turn, the company passes these savings to all customers as a discount retail chain; Save Money, Live Better and EDLP (Everyday Low Price). Walmart is in 57 countries under multiple banners, but is Walmart right for Russia and if so, is Russia right for Walmart? The Russian People The Russian population stands at a 143 million people across multiple districts and is projected to decrease to 140 million (1.6%) by the year end of 2015. The main point associated with the population decrease is that the death rate of the Russian Federation, which holds 85% of the total population, is increasing at a faster pace than the birth rate. There is a slight increase of people that are migrating to Russia, not enough to outweigh the significant population decreases. Poor health conditions due to alcohol consumption (Vodka) have reduced the male life expectancy is 60 years of age. This has caused there to be a starling 10,000 more deaths than births over the last decade. This is 15 years less than other industrialized nations. It has also been reported that the...
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...of America’s population which is 159.4 million shops at Walmart. The very first Walmart was opened on July 2, 1962 in Rogers, Arkansas by Sam Walters. Mr. Walters was born in Oklahoma in 1918. When he was twenty-four he joined the military. When his service ended in 1945 he moved to Newport and eventually open his own variety of stores including Walmart. Target is a store similar to Walmart to but is quite different in certain ways. Target was founded in 1902 by George Draper Dayton. George Dayton was an 1881 native and was born Clifton Springs, NY. He hoped to become a pastor, but could not resist being in the business world. He married Emma Chadwick in 1878...
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...com. It offers hard-goods, soft-goods, software, electronics, jewelry, sporting goods, toys, tires, stationery and books, institutional-size grocery items, and selected private labels. The International segment operates 6,288 various retail formats in countries to include Argentina, Brazil, Canada, Germany, Mexico, Puerto Rico, South Korea, and the United Kingdom. This segment operated 261 Canadian Wal-Mart stores and SAM's Clubs, 11 units in Argentina, 150 units in Brazil, 88 units in Germany, 16 units in South Korea, 697 units in Mexico, 54 units in Puerto Rico, and 292 units in the United Kingdom, as well as 48 units in China under joint venture agreements. The company was incorporated in 1969 and is based in Bentonville, Arkansas. Walmart employs 2.2 million...
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...STRATEGIC MANAGEMENT MGMT E -5000 WALMART CASE ANALYSIS BY Indhu SEPTEMBER 19th, 2012 SWOT Analysis of Wal-Mart: (2008- 2010) EXTERNAL ANALYSIS: Significant findings on the PESTEL analysis were:(Refer Fig 1 ) * Socio Cultural factor: One of the most important concerns among consumers during that period was price. Since its establishment Walton focused on Everyday low prices (EDLP) and always geared towards the low- income groups of the society. This provided Walmart better opportunities and helped them gain a competitive advantage in the industry. * Demographic factor: Another opportunity facing the industry was that Consumers (working Mothers and other American workers) wanted ease of shopping (fast, efficient and one-stop shopping). Walmart provided its customers with what they want in the Walmart supercenters combined with its wholesale unit “Sam’s Club”. * Technological Factor: Heightening of Internet users (70% of the population) and more people were comfortable shopping online. This yielded both favorable (lower over head costs and convenience to the customers with wide choices of items and prices that were appealing) and unfavorable (Walmart has invested heavily on the infrastructure like the EDI links and POS systems) circumstances. * Economic Factor: Domestically the U.S market had a very slow growth. Although the economy was said to be in recession it favored the growth of the organization because it offered consumers commodities at a...
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...Environmental Factors Paper Liya Li MKT/421 Mark Vitale Walmart is a company that continues to remain at the top of the global business list with superstores across Latin America, Asia and North America. During the past decade the company has made its mark by expanding its concept of the supermarket across the globe. While its domestic market does well, globally Walmart has been a success. Considering external factors is a priority for companies entering the global market. There are many environmental challenges from a current domestic market including differences in technology, economy, competitive atmosphere and social/cultural standards. In countries where the idea of supermarkets must be introduced rather than enhanced Walmart had its job cut out entering foreign markets. Extensive market research, service development and channels of distribution were key factors in creating an effective marketing strategy. With a global marketing budget of $2.4 million the company works with different agencies in developing nations such as India, China and Mexico where it sees opportunities in big economic challenges. (Hall 2010) The advantage of entering into developing countries is to recruit local communities and make every day necessities more affordable to the general public. Socially many countries lack the concept of supermarkets and in place rely on smaller convenience...
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