Available at: http://www.tradingeconomics.com/, Trading Economics (2017). Due to its size, Walmart can exercise its market power over suppliers by requiring lower prices from them. Walmart business description taken from the company’s financial report: “Walmart Inc. ("Walmart," the "Company" or "we") helps people around the world save money and live better – anytime and anywhere – in retail stores and through eCommerce. Walmart has a sustainable competitive advantage over other retailers, largely due to their centralized focus of cost leadership and differentiation strategies. My interest areas are Economics, Financial Analysis, Stock Analysis, and Business Strategy. The US based retail giant was incorporated in Delaware in 1969. Through its large retail and e-commerce network, the company serves more than 270 million customers every week. https://medium.com/@shahmm/how-did-sam-walton-build-wal-marts-sustainable-competitive-advantage-b670af205df1 I have finished my graduation with a major in Economics. One of the factors that make Walmart stand out as compared to the competitors is their customer-focused strategy. Being the largest retailer in the world, with unmatched scale of operations and strong market power over suppliers and competitors. Walmart’s financial performance has continued to strengthen, offering it extra leverage in terms of research and innovation as well as marketing and customer service. Economies of scale. Through its large retail and e-commerce network, the company serves more than 270 million customers every week. Retail e-commerce sales worldwide from 2014 to 2021 (in billion U.S. dollars). Our operations comprise three reportable segments: Walmart U.S., Walmart International and Sam's Club. This is demonstrated through, Walmart has helped WalMart to achieve the economies of scale and having the cost leadership. Competitive advantage refers to the attributes that allow a company to produce cheaper or better quality products than its competitors. Forbes listed Walmart as the 24th most valuable brand in the world in 2018[7], worth US$24.1 billion. What Are The Pros And Cons Of Starting A Freezone Company In UAE? Experimenting with less risk. The company can share its fixed costs over many products, which makes Walmart one of the cheapest places to shop. Available at: https://www.statista.com/, YCharts (2018). It ensures the repeated coming of customers though frequent customer service improvement. Grocery and general merchandise constitute the largest range of products  sold by Walmart accounting for 56% and 33% of total merchandise sales respectively. Alibaba Group Holding Limited, Amazon.com, Inc., Costco Wholesale Corporation, Dollar General Corporation, Dollar Tree, Inc., Kohl's Corporation, Macy's, Inc., Sears Holdings Corporation, Target Corporation and many other retailers/wholesale companies. United States is its main market but its international presence and revenue have  grown impressively over the recent years. To be the Best Source of Business Strategy & Analysis. This is the reason that they have products within all price ranges so that people can buy according to what they need. Its relationship partners like Lord & Taylor have enabled it to grow and complement its range of products with branded products and experiences. Price check. Also, they focus on increasing their inventory every day. Walmart U.S. operates super-centers in 49 states, discount stores in 41 and other small formats including neighbourhood markets in 36 states. Strong brand equity means higher popularity as well as customer loyalty. Walmart started as a small discount store with an idea of giving customers low prices and has grown into the largest retailer in the last 50 years.

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