With the slogan of Save Money and Live better, Walmart takes pride in being the largest retailer in the world.
It is an American multinational that operates a chain of hypermarkets, discount department stores and grocery stores and has nearly 11,500 stores under 72 banners in 28 countries and e-commerce sites in 11 countries. The company operates through its three segments: Walmart US, Walmart International, and Sam’s Club.
The First Walmart store was opened by Sam Walton who first brought a sea change in retail landscape by introducing Everyday Low Prices anytime and anywhere. Sam introduced three basic belief system which defines the culture at Walmart, these are: 1. Respect for the Individual. 2. Service to Our Customers. 3. Strive for Excellence. In 1970 the company went public and in 1983 the first Sam’s club was opened. As Walmart was acquiring leader’s space in retail, In 1990s it become America’s top retailer and consequently went international. As a membership-only warehouse club, Sam's Club facility has size of about 71,000 to 190,000 square feet, with an average size of approximately 134,000 square feet which also provides its members access to products and services online.
For the fiscal year ended January 30, 2015 Walmart had reported increased net sales by1.9% to $482.2 billion. Walmart was named as the world's largest company by revenue, by the Fortune Global 500 list in the year 2014, as well as the biggest private employer in the world with more than 2.2 million employees. Currently Greg Foran is Walmart US President and CEO.
Revenues: $482 Bn
1.21 retail companies from across the world are taken
2.For each company, parameters like number of stores, employees, revenues, return on assets and net profits were studied
3.The following weights are given to each: Return on assets (0.2), Percentage of Revenues(0.3), Percentage of Number of stores(0.1), Percentage of Number of Employees(0.1), Net Profit Margin(0.3)
4.Once all the weights are carried the out, the brands are ranked on their final score