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 ?
The retailer, which earlier set plans to remodel 1,800 units, will complete the remodels of 1,200 stores this year, and the remaining units will be remodeled in 2007, said Eduardo Castro Wright, chief executive officer of Wal-Mart Stores USA.
Eduardo Castro- Wright, President & CEO, Wal-Mart Stores USA, and Charles Holley, Senior Vice President of Finance, Wal-Mart Stores, Inc.
He will report to Tom Coughlin, president and CEO of Wal-Mart Stores USA, who will now also be president and CEO of Sam's Club USA.
Reflects Coca-Cola and Coca-Cola Enterprises Source: Grocery Headquarters research Wal-Mart tops the distributor list Selected food industry distributors Home Approximate Ranking Distributor nation 1998 revenues [*] ($ billions) 1 Wal-Mart Stores USA $140 2 Metro Germany 52 Carrefour/Promodes France 52 [**] 4 Kroger USA 43 [***] 5 Albertson's USA 36 [***] 6 Koninklijke Ahold Holland 29 7 Tesco England 28 8 Ito-Yokado Japan 25 J.
That was the message from Eduardo Castro-Wright, president and chief executive officer of Wal-Mart Stores USA, during the conference here.
He will report to Eduardo Castro- Wright, President and CEO of Wal-Mart Stores USA.
Wal-Mart wants to be a leader in corporate responsibility for the environment and our shareholders," says Pat Curran, executive vice president of Wal-Mart Stores USA.
We see it as a next step in evaluating the impact we leave on the environment as we look toward smart growth and sustainability in the building of our new stores," said Mike Duke, executive vice president and chief executive officer of Wal-Mart Stores USA.