Profile: Wal-Mart Stores Inc (WMT)
3 Mar 2015
Wal-Mart Stores, Inc. (Walmart), incorporated on October 31, 1969, is engaged in the operation of retail stores and membership clubs. The Company offers an assortment of merchandise and services at everyday low prices (EDLP). The Company’s operations are reported through three business segments: Walmart U.S., Walmart International and Sam's Club.
The Walmart U.S. segment includes the Company's mass merchant concept in the United States operating under the Walmart or Wal-Mart brands, as well as walmart.com. Walmart U.S. is the Company’s largest segment, having generated approximately 59% of the Company’s net sales during the year ended January 31, 2014 (fiscal 2014). Walmart U.S. operates retail stores in various formats, including its online retail operations, walmart.com.
The Walmart U.S. segment operates retail stores in all 50 states, Washington D.C. and Puerto Rico, with supercenters in 48 states, Washington D.C. and Puerto Rico, discount stores in 43 states and Puerto Rico and Neighborhood Markets and other small store formats in 31 states and Puerto Rico. Supercenters range in size from 70,000 square feet to 260,000 square feet, with an average size of approximately 179,000 square feet. Discount stores range in size from 30,000 square feet to 219,000 square feet, with an average size of approximately 105,000 square feet. Neighborhood Markets and other small formats range in size up to 66,000 square feet, with an average size of approximately 40,000 square feet. Hours of operation for nearly all supercenters, and an increasing number of discount stores and Neighborhood Markets, are 24 hours each day.
Walmart U.S. does business in six merchandise units: grocery, entertainment, health and wellness, hardlines, apparel and home. Grocery consists of a full line of grocery items, including meat, produce, deli, bakery, dairy, frozen foods, alcoholic and nonalcoholic beverages, floral and dry grocery, as well as consumables such as health and beauty aids, baby products, household chemicals, paper goods and pet supplies. Entertainment contains electronics, toys, cameras and supplies, photo processing services, cellular phones, cellular service plan contracts and prepaid service, movies, music, video games and books. Health and wellness includes pharmacy, optical services and over-the-counter drugs. Hardlines consist of stationery, automotive accessories, hardware and paint, sporting goods, fabrics and crafts and seasonal merchandise. Apparel includes apparel for women, girls, men, boys and infants, shoes, jewelry and accessories. Home includes home furnishings, housewares and small appliances, bedding, home décor, outdoor living and horticulture. The Walmart U.S. segment also offers financial services and related products, including money orders, prepaid cards, wire transfers, check cashing and bill payment.
Walmart International consists of the Company's operations in 26 countries outside of the United States and its operations include various formats of retail stores, wholesale clubs, including Sam's Clubs, restaurants, banks and various retail websites. Walmart International generated approximately 29% of Walmart’s fiscal 2014 net sales. The Walmart International segment is comprised of Walmart’s wholly owned subsidiaries operating in Argentina, Brazil, Canada, China, India, Japan and the United Kingdom; its majority-owned subsidiaries operating in Africa (which includes Botswana, Ghana, Lesotho, Malawi, Mozambique, Namibia, Nigeria, South Africa, Swaziland, Tanzania, Uganda and Zambia), Central America (which includes Costa Rica, El Salvador, Guatemala, Honduras and Nicaragua), Chile, China and Mexico, and its joint ventures and other controlled subsidiaries in China.
Walmart International operates units in three major categories: retail, wholesale and other. These categories consist of numerous formats, including discount stores, supermarkets, supercenters, hypermarkets, retail websites, warehouse clubs, restaurants, apparel stores, drug stores and convenience stores. Generally, retail units range in size from 5,000 square feet to 250,000 square feet. The Company’s wholesale stores generally range in size from 35,000 square feet to 70,000 square feet. Other, which includes restaurants, drugstores and convenience stores operating under various banners in Brazil, Chile, Japan, Mexico and the United Kingdom, range in size up to 4,200 square feet. The Company also sells an assortment of merchandise and services online at various websites that it operates. The Walmart International segment also operates banks that provide consumer financing programs.
Sam's Club consists of warehouse membership clubs and operates in 48 states in the United States and in Puerto Rico, as well as its online operations. Sam's Club accounted for approximately 12% of the Company’s fiscal 2014 net sales. Sam's Clubs are membership only operations. Members include both business owners and individual consumers. Individual consumers are referred to as Savings Members (formerly Advantage Members). Sam's Club Plus is a premium membership program that offers additional benefits and services to both Business and Savings Members. As a membership club warehouse, Sam's Club facility sizes generally range between 71,000 and 190,000 square feet, with an average size of approximately 134,000 square feet. Sam's Club also provides its members with a broad assortment of merchandise and services online at www.samsclub.com.
Sam's Club offers brand name merchandise, including hardgoods, some softgoods and selected private-label items such as Member's Mark and its own brands, Artisan Fresh, Bakers & Chef, Daily Chef and Simply Right, in five merchandise categories: grocery and consumables, fuel and other categories, home and apparel, technology, office and entertainment, and health and wellness. Grocery and consumables includes dairy, meat, bakery, deli, produce, dry, chilled or frozen packaged foods, alcoholic and nonalcoholic beverages, floral, snack foods, candy, other grocery items, health and beauty aids, paper goods, laundry and home care, baby care, pet supplies and other consumable items. Fuel and other categories consists of gasoline stations, tobacco, tools and power equipment, and tire and battery centers. Home and apparel includes home improvement, outdoor living, grills, gardening, furniture, apparel, jewelry, housewares, toys, seasonal items, mattresses and small appliances. Technology, office and entertainment includes electronics, wireless, software, video games, movies, books, music, office supplies, office furniture, photo processing and third-party gift cards. Health and wellness includes pharmacy, optical and hearing services and over-the-counter drugs.
Wal-Mart Stores Inc
702 SOUTHWEST 8TH ST
BENTONVILLE AR 72716
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