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.
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References in periodicals archive ?
The site will "shadow anchor" the proposed nearby Super Wal-Mart.
Tickets can be purchase at Workers' Credit Union in Lancaster and at Workers' Credit within the Super Wal-Mart Leominster and Serendipity 63B Main Street Hudson .
Andrew Stewart of David Cronheim Mortgage Corporation has arranged the sale of the Super Wal-Mart leased parcel at Republic Plaza, a 249,842 s/f shopping center in Farmingdale, NY.
In Hooksett, Wal-Mart recently announced it will scale back the proposed Super Wal-Mart along Route 3A in the town, according to town Planning Director Joanne Duffy.
In addition to its high profile outlet neighbor, Woodbury Centre is also located in close proximity to an existing Super Wal-Mart, a Home Depot and a soon-to-be constructed BJ's Wholesale Club.