Wal-Mart Stores Co., Ltd. is a worldwide chain enterprise, the largest company in the world in terms of turnover, and its controlling shareholder is the Walton family. Headquartered in Bentonville, Arkansas, USA. Wal-Mart, which is mainly involved in the retail industry, has the largest number of employees in the world, ranking first among the Fortune 500 companies in the United States for three consecutive years.

Wal-Mart is committed to providing customers with high quality and low price goods. In recent years, as consumers challenge the inflation level of food, drinks and household necessities, consumers will be more cautious when spending money on non-necessities and spend more on food and other necessities. Wal-Mart has been trying to rectify the Trust-Mart it acquired to improve the overall operational efficiency and customer satisfaction.

The Development Course of Wal-Mart Supermarket

1, date of establishment (1962): Wal-Mart Stores Co., Ltd. was founded in Rogers City, Arkansas on 1962 by American retail legend Mr. sam walton.

2. Initial development (1962- 1970): Wal-Mart mainly set up stores in Arkansas and surrounding areas in its early days. At this stage, Wal-Mart began to establish its own unique business philosophy, small profits but quick turnover, large purchases and cost reduction.

3. Rapid expansion (1971-1980):1971year, Wal-Mart was listed on the NYSE. Since then, Wal-Mart has begun to expand rapidly throughout the country, and 1980 has 276 stores.

The above contents refer to Baidu Encyclopedia-Wal-Mart.