GMS 200 Lecture Notes - Mike Duke, Walmart

• School: Ryerson University
• Department: Global Management Studies
• Course: GMS 200
• Professor: Horatio Morgan

Document Summary

Planning in the world of globally competitive business. Now: we need to understand how managers in this globally competitive environment. Strategically determine the course of their companies under particularly difficult circumstances. Entry of walmart in the canadian grocery has led to increase in competition; it will get even tougher when target arrive in 2013- Loblaw has also been directing more resources to its discount chains (i. e no frills, superstore) that collectively account for about 2/3 of its annual sales approx. Founder by sam walton in 1962 with the opening of the first store in rogers, arkansas. With more than 10,300 stores in 27 countries, walmarts is the largest retailer in the world. Walmart"s 2012 net sales increase by 5. 9% over the 2011 figure to almost billion. Mike duke, president and ceo, walmart stores. Provide customers what they want, when they want it, and ensure that customers receive true value .