Wal-Mart continues to be led from the prime but operate from The underside, a strategy designed by Sam Walton and carried on by a little group of senior executives led by CEO David Glass. Although new expansion has led Wal-Mart to include much more management layers, senior executives attempt to take care of its unique lifestyle.
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Technologies, demographics, shopper attitudes, and the appearance of a world economic system are all conspiring to rewrite The foundations for success. Success in another 10 years will depend upon the extent of understanding stores have with regards to the new values, expectations, and desires of The shopper. If Wal-Mart carries on its shopper-pushed culture, it should keep on being a retail marketplace leader perfectly into the following century.
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The Community — Wal-Mart’s recognition is usually associated with its hometown identity. Walton thought that every single purchaser must be greeted upon getting into a store, and that every retail outlet needs to be a reflection of the values of its prospects and its community.
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