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 ?
Outside of autos, sales at general merchandise stores, a category that includes department stores as well as big retail chains such as Wal-Mart Stores Incorporated, rose 0.
Carter & Burgess Incorporated (For Worth, Texas) has been awarded the architectural and engineering contract for a $60 million regional distribution center to be constructed by Wal-Mart Stores Incorporated in Cheyenne, Wyoming.
Wal-Mart Stores Incorporated (NYSE:WMT) (Bentonville, Arkansas), the world's largest retailer, has selected a design firm to provide design and engineering for two distribution centers planned in the Rocky Mountains.
Wal-Mart Stores Incorporated (NYSE: WMT) (Bentonville, Arkansas), the world's largest retailer in the United States, Canada, and Mexico, is currently performing site preparation for a $100 million distribution center in Baytown, Texas
Wal-Mart Stores Incorporated (NYSE:WMT) (Bentonville, Arkansas) is planning to construct a $55 Million Distribution Center (Store #7039) in Wisconsin.
Wal-Mart Stores Incorporated may be spinning off a dot-com tracking stock.