Wal-Mart

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Wal-Mart

A very large discount retail store chain. Wal-Mart is one of the largest corporations in the world. The first Wal-Mart was established in 1962. It was one of the first companies to practice the just-in-time supply chain management system in order to reduce costs to a minimum. Wal-Mart's founder, Sam Walton, was one of the first retailers to always buy from the lowest priced wholesaler; this drove sales higher, which allowed Wal-Mart to negotiate still lower prices from wholesalers. This practice, while controversial, became a staple of Wal-Mart. It is based in Bentonville, Arkansas.
References in periodicals archive ?
Ward Klein, President of Energizer; Edward Monser, Chief Operating Officer at Emerson; and John Menzer, President and CEO of Wal-Mart International, are among top global executives who will participate in the 2004 International Business Conference organized by the Boeing Institute of International Business.
square footage 2M 2M 1 - 2M Additional Wal-Mart International square footage 18M 17 - 18M 19 - 20M Total Company additional square footage 46M 42 - 43M 34 - 36M
Kolodzieski is currently senior vice president and chief operating officer of Wal-Mart International.
But Gomez, the spokesman for Wal-Mart International, said Leighton's comment had been tossed out during a casual discussion with reporters and wasn't a goal set by the company.
Martin is the former president and chief executive officer of Wal-Mart International.
Wal-Mart International: Mike Duke, Vice Chairman, Wal-Mart International and leadership team 9:30 - 10:30 a.
and John Menzer, Wal-Mart International president and CEO, swapped roles as they each added vice chairman to their titles.
Wal-Mart International also has plans to open 100 to 110 units in existing markets.
Martin, retired President and Chief Executive Officer of Wal-Mart International, has been nominated to serve on the Furniture Brands International Board of Directors.
While there are increased economic challenges in some of our markets, Wal-Mart International showed a double-digit sales gain," said Mike Duke, vice chairman, Wal-Mart International.
Schoewe was bullish on Wal-Mart International, which is generating healthy top- and bottom-line gains, he said.
7 billion can be attributed to Wal-Mart International.