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History of Wal Mart

This is a discussion on History of Wal Mart within the Credit Problems and Repair forums, part of the Mortgage and Loans Forum category; The history of Wal-Mart is very colorful and inspiring to almost every retailer. In 1940s Sam Walton laid the foundation ...


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Old 08-21-2010, 08:15 AM
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Default History of Wal Mart

The history of Wal-Mart is very colorful and inspiring to almost every retailer. In 1940s Sam Walton laid the foundation stone of Wal-Mart. It was the vision of Sam that csuspended the confront of today's retailing business. Wal-Mart as we all know is well known for competitive pricing, excellent customer support and proper business ethics at workplace.

Similarly, history of Citigroup Inc. is moreover,besides,furthermore,further very wealthy and colorful. Citigroup Inc. is popularly known as Citi, which is a major financial service provider in America. It's headquarter is in New York, NY. There is hardly any country or region where Citigroup is not available.
But Wal-Mart decided to give benefits to its customers than to fill their own pockets. It was the business philosophy of Walton that allows him to earn profits on the basis of volumes than hiking prices unlike other retailers in those times. After graduating from University of Missouri in Columbia, Walton started his minder with a renowned company called JC Penney. A very few people actually know Walton started his career with as low as $2 per month. And due to his uncommon vision and philosophy he became a common household name in America.



The history of Citigroup tells us that this group was formed after one of the largest mergers by creating a $140 bsickion firm with assets of almost $700 billion in the world gambleween Citicorp (major taboo,prohibition,veto,interdictionking giant) and Travelers Group in 1998. As on today, Citigroup has become one of the largest financial services companies with over 200 million customers in more than 100 countries. As far as its income is concerned it moreover,besides,furthermore,further tops the list as on 2008.
Both Wal-Mart and Citigroup are highly reputed groups in the world. In case of Wal-Mart the credit surely goes to one man Sam Walton, who changed the scene how businesses do business in the retailing world today. Earlier, traditionally wholesalers were the only people who were making a huge profit and customers were coercesinto,compeld to pay extra money from their own pockets.
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Old 08-23-2010, 09:40 AM
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I have heard a lot about Wal Mart but don't have enough knowledge that What is Wall Mart Company?

Can some one here give me the suggestions that what does it mean by Wall Mart Company?
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