discusses challenges that walmart

Create a 15 pages page paper that discusses challenges that walmart and m&s face. Walmart is a multinational corporation of the US that operates a large chain of discounted departmental stores. Sam Walton, the founder of Walmart opened its first store in 1962 with a discounting model of retailing. Walmart has expanded and has its presence globally (Walmart, 2011). Michael Mark and Thomas Spencer jointly opened the Marks and Spencer store in the UK, popularly known as M&S, in 1894. M&S operates several retail shops in the UK and is present in other nations as well (Marks & Spencer plc, 2011). Walmart has been able to grow internationally and operate in several countries. There were various challenges present from the diverse forces of the business environment. However, they have been successful in establishing its brand and its presence all over the world. Similarly, M&S grew big with a lot of challenges and created its brand image globally. Both companies operate globally and are also well-known to be the largest retail chains in the world (North Dakota State University, 2003). The success of Walmart was its strategy of business operations. They based the operations on web-based application to support their motto of ‘everyday low pricing’ and enhance the satisfaction level of customers (North Dakota State University, 2003). The low pricing strategy and satisfaction level of customers were the major guiding principles of Walmart for their success. They are still following this concept with their existing products and new innovative ideas as well (North Dakota State University, 2003). The success of M&S was because of the innovative development of their knitwear in the UK market. It led to a significant change in the textile industry of the market. During the nineteenth century the market was dominated by the wholesalers, but in the twentieth century, the retail industry started to rule the market. M&S’s innovative idea of product development made the brand international (Riello, 2003). Both Walmart and M&S have been successful in their host country first and then as they grew, they became international by opening different stores at several locations of the world. M&S and Walmart are in a similar industry and operate in the international market. Their global presence has made them face global challenges in recent times. The pressures of the international market upon the two are similar in nature as the overall retail industry faces similar challenges. The chief challenge that both M&S and Walmart are facing is that of customer retention. Retention of the customers both in the domestic and the international market has been the biggest challenge. In recent times, the intense competition for retaining and acquiring customers has become the chief challenge and an important objective of the retailers.

Calculate the price of your order

Simple Order Process

Fill in the Order Form

Share all the assignment information. Including the instructions, provided reading materials, grading rubric, number of pages, the required formatting, deadline, and your academic level. Provide any information and announcements shared by the professor. Choose your preferred writer if you have one.

Get Your Order Assigned

Once we receive your order form, we will select the best writer from our pool of experts to fit your assignment.

Share More Data if Needed

You will receive a confirmation email when a writer has been assigned your task. The writer may contact you if they need any additional information or clarifications regarding your task

Let Our Essay Writer Do Their Job

Once you entrust us with your academic task, our skilled writers embark on creating your paper entirely from the ground up. Through rigorous research and unwavering commitment to your guidelines, our experts meticulously craft every aspect of your paper. Our process ensures that your essay is not only original but also aligned with your specific requirements, making certain that the final piece surpasses your expectations.

Quality Checks and Proofreading

Upon the completion of your paper, it undergoes a meticulous review by our dedicated Quality and Proofreading department. This crucial step ensures not only the originality of the content but also its alignment with the highest academic standards. Our seasoned experts conduct thorough checks, meticulously examining every facet of your paper, including grammar, structure, coherence, and proper citation. This comprehensive review process guarantees that the final product you receive not only meets our stringent quality benchmarks but also reflects your dedication to academic excellence.

Review and Download the Final Draft

If you find that any part of the paper does not meet the initial instructions, send it back to us with your feedback, and we will make the necessary adjustments.