Wal-Mart

(redirected from Wal-Mart International)

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 regulator said, "@CCI_India approves proposed acquisition of Flipkart Private Limited by Wal-Mart International Holdings, Inc." Mergers and acquisitions beyond a certain threshold require the approval of the Competition Commission of India (CCI).
Holley served in various roles in Wal-Mart International from 1994 through 2002.
Ramnik Narsey, then a senior vice-president at Wal-Mart International, was appointed interim CEO.
"Wal-Mart International will drive growth, will drive aggressive growth," Doug McMillon, Wal-Mart's CEO of International Operations, said at a meeting for analysts that was held in Bentonville in October.
In a statement, Doug McMillon, president and chief executive of Wal-Mart International, made clear his company is pursuing a regional strategy.
Wal-Mart International president and chie f executive Doug McMillon warned trading conditions were likely to remain tough.
Wal-Mart International president and chief executive Doug McMillon yesterday warned trading conditions were likely to remain tough.
in April 2003 and became vice chairman and head of Wal-Mart International in September 2005.
Beyond steering the international business with a sure hand as vice chairman of Wal-Mart International, Duke brings to the chief executive officer spot wide-ranging retail experience, analysts said.
Prior to joining, Vukich held positions at Dell and Wal-Mart International. Joe McKie, Winn-Dixie's vice president of corporate brands, is responsible for overseeing all aspects of the company's corporate brands initiatives, including the redesign and relaunch of Winn-Dixie's private-label products.
will be offset by increases at Wal-Mart International. The retailer projects worldwide spending of $14 to $15 billion in each of the next two years, with a focus on emerging markets.