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Competition

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by

Samantha Trimmer

on 23 April 2010

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Transcript of Competition

Competition rivarly among sellers of the same/simalar products,which each seller tires to gain a larger share of the moarket to increase profits wal mart (wally world) k mart target decrease: failed to order enough "specific" t-shirts
http://www.businessweek.com/magazine/content/07_18/b4032001.htm July 1962, Sam Walton opened the first walmart in Arkansas. By the 25th anniversity, in 1987, there were 1,198 stores located throughout the United States which made about $15.9 billion in sales, and had 200,000 employees.
http://en.wikipedia.org/wiki/Walmart In 2007, walmart failed to order enought China made t-shirts, which averaged in $14 a shirt and came in 12 different colors. All 3,443 stores in the United States remained in short supply.
http://www.businessweek.com/magazine/content/07_18/b4032001.htm Janurary 22, 2002 Kmart filed for Chaper 11 bankruptcy.
(premites reorganzation under the bankruptcy laws of the United States.
http://en.wikipedia.org/wiki/Chapter_11
2010- Kmart opend 1,327 Kmarts across $49 states including Guam, Puerto Rico, etc.
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