Wal-Mart Innovation strategy

Wal-Mart
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Wal-Mart
Wal-Mart Stores inc. is a major retail distributor company in the United States with stores spread all over the country. The company is among the top 20 leading companies in the country (according to several listings) and the largest employer the world over. Sam Walton founded it back in 1962.
Wal-Mart Inc is very keen on its innovative strategies aside from being the market leader in the retail sector. It places much emphasis on customer satisfaction and maintaining remarkable pricing mechanisms as well as brand originality and development. The company also owns Wal.art.com, a website dedicated to facilitating their sales, marketing and distribution. The innovation practices of Wal-Mart have been catapulted by wlmart.com and include services like 1-hour photo processing and music downloads among others like grocery business.
The company makes use of its strong leadership and operational capabilities in addition to advanced technological systems (online shopping) to enhance operations in its over 8,500 stores spread in over 15 countries including the United Kingdom, Japan, Mexico, India, Argentina, Brazil and Canada. As such, it maintains one of the most outstanding supply chain networks that ensure optimum market targeti...