Wal-Mart In The Global Retail Market: Its Growth And Challenges

Abstract

The Wal-Mart Corporation is one of those companies that have been impacted by change at all levels as they conduct business and expand their operations throughout the globe. Wal-Mart has also greatly benefited from deeply-held universal values, philosophies, and management practices which have made them successful in diverse countries. In a short span of about forty years, this company has become the envy of any and every major corporation in the world. This case presents how Wal-Mart has achieved this enormous success, its best practice in the global retail industry, international growth trends and challenges, and various lessons that have been learned from their expansion in foreign countries. The case focuses on customer value delivery related to low prices, use of technology, and an organizational culture passionate on continuous learning.