The Wal-Mart Stores Inc is US based retailer that has been operating since the 1960s. The company was founded by the famous Sam Walton to become the giant in the retail industry of the twenty first century.
The company has the established position of being the largest employer of people in the private sector in the world for its retail stores in the local US and the international markets. “Wal-Mart Stores (Wal-Mart) is the world’s largest retailer. The company operates retail stores in various formats. It operates more than 6,000 stores in theUSand 13 international markets including theUK,Canada,Japan,Mexico,BrazilandChina. The company retails a broad range of merchandise and services at low prices” (‘Industry Profile: Global Hypermarkets & Super Centres Industry Profile’, 2008). The company has its operations in multiple countries includingMexico,UK,Japan,Argentina,Germany,South Korea,China,CanadaandPuerto Rico. However in order to operate in international markets the company has changed its name for some of the international markets. As a result company operates as ASDA in UK, Seiyu in Japan and Walmex in Mexico.