Walmart Chain Operations -- The Great Wisdom of Company Growth: The Great Wisdom of Company Growth

Author: Giles
Publisher:
Publish Date: 2004-01-01
Features: From opening its first retail store in 1962 with annual sales of millions of dollars, Walmart grew to achieve an operating revenue of $244.5 billion in 2002, ranking among the Fortune 500. In just 40 years of development, Walmart created a miracle in the traditional industry and forged a glorious chain myth. What factors contribute to Walmart's such strong competitiveness? Sam Walton, the founder of Walmart, started from scratch in a small town in the Midwest of the United States. He incorporated his unique principles and philosophies into the corporate culture of Walmart. From small to large, from town to the world, Sam not only created a retail business model but also a miracle in the chain industry. What is the reason behind Sam's extraordinary leadership?