Walmart's Stock Performance

Today, the largest retailer in the world is Walmart, with more than 11,000 stores in 27 countries (Walmart profile, 2014). Founded in 1945 and headquartered in Bentonville, Arkansas, Walmart operates its chain of retail stores using various formats, including discount stores, supermarkets, hypermarkets, supercenters, warehouse clubs, apparel stores, restaurants, drug stores, and convenience stores, as well as various retail Websites including walmart.com and samsclub.com (Walmart profile, 2014). This paper provides an evaluation of Walmart's stock performance in recent years, and recommendations concerning the company's future direction. A summary of the research and important findings concerning these issues are provided in the conclusion.

Review and Discussion

Since 1995, Walmart has been a top-four Fortune 500 company and from 2002 to 2005, was ranked first as well as again in 2007 (Souza & Awasthi, 2009). According to Souza and Awashti, Walmart's success is "attributed to a few relentlessly implemented...
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