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The total revenues had reached $285 billion. Sam Walton was the founder of the Wal-Mart. He was succeeded by David Glass in 1992. After David’s retirement in December, 2000, Lee Scott was chosen as Wal-Mart’s third president and CEO.
Wal-Mart’s part of strategy was operating on a multiple store format. They came up with four different retail concepts: Wal-Mart Discount Stores, Supercenters, Neighborhood Markets and Sam’s Club.
The merchandize line at Wal-Mart stores include house wares, consumer electronics, sporting goods, lawn and garden items, health and beauty aids, apparel, home fashions, paint, bed and bath goods, hardware, jewelry, automotive repair and maintenance, toys and games, and groceries...
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