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Essay Details:
Essay text:
As the largest employer in the world, Wal-Mart enjoys an estimated 20% of the retail grocery business.
Recently, after years of disappointing investors, shares of the discount chain have jumped to a four-year high. But are they now too pricey? Compared with the broader stock market, Wal-Mart's stock performance has been tremendous. While the Standard & Poor's 500-stock index has tumbled almost 9% so far this year, Wal-Mart shares rose 21%.
Problem Statement
Wal-Mart centered its business on small-towns first, and then tried to move to large cities. This happened while other retailers centered on larger urban areas...
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