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Trending searches
-Bad Customer Service
-Negative Reputation
-Social Trends
Major competitor: Costco and Target
-similar markets
Online: Amazon
-"The online Walmart"
Walmart has seen a 44% annual turnover rate among its hourly employees.
Reason Behind this:
By Kristina Kehyeyan, Dilan Patel, Sydney Jennings, & Alexandra Rodriguez
The issue
Walmart's high turnover rate has forced the company to recruit, hire, and train new employees, which is essentially more expensive than retaining already-employed employees.
Business Ethics
The study of how ethical concepts are applied to business decision-making.
Growth: When a company grows physically and financially.
Low Cost/Cost Leadership: When a company keeps sales high by keeping operational costs low.
Business Objective
Low-cost operating company based off four dimensions:
Price
Assortment
Experience
Access
Sources:
Colvin, Geoff. "Have Patience with Walmart's Wobble." Fortune Have Patience with Walmarts Wobble Comments. Fortune, 15 Oct. 2015. Web. 30 Nov. 2015.
Ross, Sean. "The Biggest Risks of Investing in Wal-Mart Stock." The Biggest Risks of Investing in Wal-Mart Stock. Investopedia, 13 Oct. 2015. Web. 30 Nov. 2015.
Walmart,. (2015). Walmart Press Release. Retrieved from http://s2.q4cdn.com/056532643/files/doc_financials/2016/Q3/Press-Release.pdf
CFO Charles Holley told Stock Analysts:
In October 2015, 10:36-10:56 AM:
$23.4 billion of market value was lost
Investors should be concerned about Wal-Mart because same-store sales have been decreasing.
Source: WAL-MART QUARTERLY EARNINGS RELEASES