Building the Next Generation Walmart... Responsibly
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Daniel Deronda 20 Sarah E
palaver e /p ‘læv r/e n. A talk, a discussion, a dialogue; (spec. in early use) a conference between African tribes-people and traders or travellers. v. To praise over-highly, flatter; to ca- jole. To persuade (a person) to do some- thing; to talk (a person) out of or into something; to win (a person) over with palaver. To hold a colloquy or conference; to parley or converse with. Masthead | Table of Contents | Fall 2013 Fall 2013 Founding Editors We the People of Walmart 4 Finance Students Performance in the United Sarah E. Bode Lauren B. Evans States and Spain: Contrasts and Similarities Ashley Hudson 51 Coney Island Dreaming 7 Charles Wolfe Melanie Whithaus Executive Editor Chief Copy Editor A Systematic Evaluation of Empathy in Dr. Patricia Turrisi Jamie Joyner Been to Hell and Now I’m Back Again: Contemporary Society 58 The Songwriting of Steve Earle 11 Gregory Hankinson Contributing Editors Copy Editors Brian Caskey Michelle Bliss Lauren B. Evans What Would Aristotle Say About Bill Caporales 16 Clinton? Or Why We Excuse Moral Dr. Theodore Burgh Katja Huru Doctorcitos 17 Weakness 64 Dr. Carole Fink Megan Slater Bolivia 18 Rob Wells Ashley Hudson Charlene Eckels Courtney Johnson Staff Readers Exiled from Truth: An Interview with Dr. Marlon Moore Amanda Coffman Gwendolen Harleth: The Extraordinary Dmitry Borshch 68 Dr. Diana Pasulka Michael Combs Heroine of George Eliot’s Daniel Deronda 20 Sarah E. Bode Kathryn Bateman Dr. Alex Porco Lauren B. Evans Alignment and Argument: Karen Head Dr. Michelle Scatton-Tessier Shanon Gentry Active Heroines: When a Heroine is Both Responds to Poems by Dickey and Chappell Amy Schlag Katja Huru Real and Symbolic 27 74 Erin Sroka Jamie Joyner Rachel Jo Smyer Brian Caskey Dr. -
Phony Philanthropy of the Walmart Heirs
Legal Disclaimer: UFCW and OUR Walmart have the purpose of helping Wal-Mart employees as individuals or groups in their dealings with Wal-Mart over labor rights and standards and their efforts to have Wal-Mart publically commit to adhering to labor rights and standards. UFCW and OUR Walmart have no intent to have Walmart recognize or bargain with UFCW or OUR Walmart as the representative of Walmart employees. Walmart1Percent.Org WALTON FAMILY “PHILANTHROPY”: A Distraction from the Walmart Economy Americans believe in the power of charitable giving. Eighty-eight percent of American households give to charity, contributing more than $2,000 per year on average.1 Despite their charitable inclinations, most American families, acting on their own, lack the financial resources to make a significant impact on the problems facing our society. The Walton family, majority owner of Walmart, is a notable exception. As members of the richest family in the United States, the Waltons have $140 billion at their disposal—enough wealth to make a positive mark on the world and still leave a fortune for their descendants. The Waltons certainly wish to be seen as a force for good. Their company claims to help people “live better” and the Walton Family Foundation mission statement speaks of “creating opportunity so that individuals and communities can live better in today’s world.”2 But that mission statement seems ironic, given that many of the most acute challenges facing American families in 2014 could rightfully be viewed as symptoms of our “Walmart economy,” characterized by rising inequality and economic insecurity. -
Is Wal-Mart Good for America?
Frontline Is Wal-Mart Good for America? One, Two, Three, Four … We Don’t Want Your Superstore Across the country communities weigh the costs and benefits of opening their doors to the nation's largest discount retailer. Wal-Mart has made billions selling toaster ovens and polo shirts for pennies less than its competitors; after all, the company motto is "Always low prices." And who wouldn't want cheaper goods? Yet some communities are fighting to keep the retail giant out of their neighborhoods, claiming that Wal-Mart's low prices could damage their quality of life. In Vermont, Wal-Mart's opponents argue that the state's economy and culture would be damaged by the retailer's presence. In California, opponents say the company has cost taxpayers millions by shortchanging its employees on healthcare. Here is a roundup of some instances of community backlash against Wal-Mart and the company's response. Superstore vs. small business Activists regularly argue that competition from Wal-Mart destroys small businesses, particularly the "mom and pop" stores that they say make their communities unique. This criticism has become even more vocal since Wal-Mart began moving into additional retail areas, such as groceries, opticals and flowers. In an article in the Los Angeles Times, one small businesswoman, Bonnie Neisius, owner of a UPS franchise in Las Vegas, Nev., described how she has watched surrounding businesses close and her own business decline since Wal-Mart moved in down the road. "I'm probably down 45 percent," Neisius said. "I just don't get the foot traffic anymore." More recently, the retailer has come under attack in Vermont, where preservationists say the character, culture and economy of the entire state is under threat from an influx of superstores, particularly Wal-Mart. -
2014-Global-Responsibility-Report.Pdf
So many opportunities to make a difference 2014 Global Responsibility Report About this report Content materiality Currency exchange The scope and boundaries of the 2014 Walmart In addition to tracking media activity and Foreign currency conversions have been made Global Responsibility Report encompass our customer feedback, we engage with internal using the average exchange rate from corporate efforts related to workplace, and external stakeholders, including government Feb. 1, 2013–Jan. 31, 2014. As a global company, compliance and sourcing, social and and NGOs, to define the content included in we highlight the performance of our global environmental responsibility, while also this report. We incorporate this input prior to markets, as well as the efforts taking place providing snapshots into each of our individual and during editorial development to ensure throughout our supply chain. markets around the globe. The report reviews continuous dialogue, relevancy and transparency. our progress and performance during FY2014, For example, this engagement resulted in the reflects areas where we’ve achieved tremendous expansion and positioning of our Workplace positive results and specifies areas of opportunity section, influenced our decision to turn we continue to focus on. The social and Compliance and Sourcing into its own section, environmental indicators were obtained by and to detail our commitment and progress internal survey and checks without the related to water stewardship. participation of external auditing. The reporting timeline -
WAL-MART At50
WAL-MART at50 FROM ARKANSAS TO THE WORLD a supplement to . VOL. 29, NO. 27 • JULY 2, 2012 ARKANSASBUSINESS.COM/WALMART50 Fifty years old, and healthy as ever Congratulations, Walmart! And thanks for letting us care for your associates and communities. From one proud Arkansas company to another CONGRATULATIONS TO A GREAT AMERICAN SUCCESS STORY It has been a privilege to travel with Walmart on its remarkable journey, including managing the company’s 1970 initial public offering. From one proud Arkansas company to another, best wishes to all Walmart associates everywhere. INVESTMENT BANKING • WEALTH MANAGEMENT INSURANCE • RESEARCH • SALES & TRADING CAPITAL MANAGEMENT • PUBLIC FINANCE • PRIVATE EQUITY STEPHENS INC. • MEMBER NYSE, SIPC • 1-800-643-9691 STEPHENS.COM WAL-MART at 50 • 3 Wal-Mart: INSIDE: A Homegrown 6 The World of Wal-Mart Mapping the growth of a retail giant Phenomenon 8 Timeline: A not-so-short history of Wal-Mart Stores Inc. Thousands of Arkansans have a Wal-Mart experience to share from the past 50 years that goes far beyond the routine trip to a Supercenter last week. 10 IPO Set the Stage for Global Expansion Wal-Mart is an exciting, homegrown phenomenon engineered by the late Sam Walton, a brilliant businessman who surrounded himself with smart people and proceeded to revolutionize 14 Influx of Workers Transforms retailing, logistics and, indeed, our state and the world. He created a heightened awareness of stock Northwest Arkansas investments as investors from Arkansas to Wall Street watched the meteoric rise in share prices and wondered when the next stock split would occur. -
We Save People Money So They Can Live Better. a LWAYS LOW PRICES
We save people money so they can live better. A LWAYS LOW PRICES . Every day our two million associates help customers and members save money at 2008 Annual Report more than 7,000 locations in 13 countries. “Sam’s Club takes extraordinary steps to make sure that we have case-ready goods “Great prices, quick checkout, friendly greetings. for our small business customers. It saves That’s what our customers want when they shop them time when they can count on Sam’s at Wal-Mart. I know so many customers by name Click ‘n’ Pull® service. We keep the shelves full because they shop here so often!” for our members every day.” Sonia B. – cashier, Wal-Mart supercenter, U.S. Jeff B. – forklift operator, Sam’s Club, U.S. We save people money so they can live better. “We empower our associates to take the initiative in improving service for our Wal-Mart customers in Beijing. Price leadership and great service – that’s why sales are up and our customer traffic continues to increase.” Lucy L. – store manager, Wal-Mart supercenter, China “At Wal-Mart, our trucks make deliveries every day. “Fresh produce and fruit are always on the table But today we do it more environmentally friendly with of our customers in Salvador. We source the better fuel efficiency, aerodynamics, a high-efficiency freshest coconuts and melons right here in auxiliary power unit and emissions controls. I think that our own region.” helps us all live a little better.” Maria S. – department manager, Hiper Bonocô, Brazil Allen B. -
Large Supermarkets (Co-Op, Morrisons)
Useful information for new students – including tips from current students On-line shopping options: The delivery services are more expensive but can deliver quickly. Deliveroo https://deliveroo.co.uk/– take away food and also pairs with small and large supermarkets (Co-op, Morrisons) UberEats – https://www.ubereats.com take away and grocery deliveries from smaller super markets/local shops and a few of the larger supermarkets e.g. Asda Amazon pantry and Morrisons https://www.amazon.co.uk/ Student tip: You can get a free amazon prime membership for 6 months with your student account, so you can order a lot of necessities on there the day you arrive and it’ll deliver the next day usually, this might help to free up space in your suitcase. Large supermarkets (cheapest to most expensive) Lidl: no online service currently Aldi: click and collect service but no on-line delivery Asda https://www.asda.com/ Tesco https://www.tesco.com/ Morrisons https://groceries.morrisons.com/ Sainsbury's https://www.sainsburys.co.uk/ Ocado (paired with Marks and Spencer) https://accounts.ocado.com/ Student tips: It is worth signing up for a few supermarkets so you have options if you can’t get a slot you want. Remember to book before you completely run out as you will likely have to wait for a slot. On the first day you move in, I’d say book an online slot to get your groceries delivered to halls by Tesco, Asda or Sainsbury’s. You usually have to book a slot a week or two earlier and you can do it from home. -
2004 Annual Report
2004 Annual Report It’s my Good Jobs # Good Works # Good Citizen # Good Investment Senior Officers Financial Highlights M. Susan Chambers (Fiscal years ending January 31,) Executive Vice President, Risk Management, Insurance and Benefits Administration 04 $256.3 Robert F. Connolly Executive Vice President, Marketing and 03 $229.6 Consumer Communications, Wal-Mart Stores Division 02 $204.0 Net Sales (Billions) Thomas M. Coughlin Vice Chairman of the Board 01 $180.8 Douglas J. Degn 00 $156.2 Executive Vice President, Food, Consumables and General Merchandise, Wal-Mart Stores Division David J. Dible 04 $2.03 Executive Vice President, Specialty Group, Wal-Mart Stores Division 03 $1.76 Linda M. Dillman Diluted Earnings Per Share 02 $1.44 Executive Vice President and Chief Information Officer From Continuing Operations Michael T. Duke 01 $1.36 Executive Vice President, President and Chief Executive Officer, Wal-Mart Stores Division 00 $1.21 Joseph J. Fitzsimmons Senior Vice President, Finance and Treasurer Rollin L. Ford 04 9.2% Executive Vice President, Logistics and Supply Chain 03 9.2% David D. Glass Chairman of the Executive Committee of the Board 02 8.4% Return On Assets James H. Haworth Executive Vice President, Operations, 01 8.6% Wal-Mart Stores Division Charles M. Holley 00 9.8% Senior Vice President and Corporate Controller Craig R. Herkert Executive Vice President, 04 21.3% President and Chief Executive Officer,The Americas Thomas D. Hyde 03 20.9% Executive Vice President, Legal and Corporate Affairs and Corporate Secretary 02 19.4% Return On Shareholders’ Equity C. Douglas McMillon Executive Vice President, Merchandising, 01 21.3% SAM’S CLUB 00 22.9% John B. -
WALMART INC. (Exact Name of Registrant As Specified in Its Charter) ______
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ___________________________________________ FORM 10-K ___________________________________________ ☒ Annual report pursuant to section 13 or 15(d) of the Securities Exchange Act of 1934 For the fiscal year ended January 31, 2020, or ☐ Transition report pursuant to section 13 or 15(d) of the Securities Exchange Act of 1934 Commission file number 001-6991. ___________________________________________ WALMART INC. (Exact name of registrant as specified in its charter) ___________________________________________ DE 71-0415188 (State or other jurisdiction of (IRS Employer Identification No.) incorporation or organization) 702 S.W. 8th Street Bentonville, AR 72716 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (479) 273-4000 Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, par value $0.10 per share WMT NYSE 1.900% Notes Due 2022 WMT22 NYSE 2.550% Notes Due 2026 WMT26 NYSE Securities registered pursuant to Section 12(g) of the Act: None ___________________________________________ Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes ý No ¨ Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Exchange Act. Yes ¨ No ý WorldReginfo - ddf1e3e1-b7d7-4a92-84aa-57ea0f7c6df3 Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for at least the past 90 days. -
Notice of Annual Shareholders' Meeting and Proxy Statement
2016 Notice of Annual Shareholders’ Meeting and Proxy Statement Friday, June 3, 2016 8:00 a.m., Central time Bud Walton Arena, University of Arkansas, Fayetteville, Arkansas NYSE: WMT “Our Board has the right skills and experience to support the company's strategy.” April 20, 2016 Dear Fellow Shareholders: We are pleased to invite you to attend Walmart’s 2016 maximize our effectiveness as we adapt to evolving Annual Shareholders’ Meeting on June 3, 2016 at 8:00 customer needs. These changes include reducing the a.m. Central Time. If you plan to attend, please see size of the Board while maintaining its independence, page 94 for admission requirements. For those unable changing the composition of Board committees, to join in-person, the meeting will also be webcast at and ensuring that Board and committee agendas www.stock.walmart.com. are focused on Walmart’s strategic priorities. We have revised the Corporate Governance section of Walmart is going through a period of transformation as our proxy statement to provide more information on we make strategic investments to better serve customers these topics (see page 12). Your Board is committed and drive shareholder value. Over the past year, we have to continuous improvement, and in early 2016 we actively engaged with many of our largest institutional engaged a third party consulting firm to help us think shareholders to understand their perspectives on a variety about ways to further improve our effectiveness. The of topics, including corporate strategy, governance, and sentiment from shareholders has been consistent – compensation. We both participated in this engagement effort and we would like to take this opportunity to update that the value, quality, and diversity of our directors you on some of the themes from these discussions, are strategic assets for Walmart. -
2010NOV54452 in the Large Merger Between
IN THE COMPETITION TRIBUNAL OF SOUTH AFRICA CT CASE NO: 73/LM/NOV10 CC CASE NO: 2010NOV54452 In the large merger between : WAL-MART STORES INC. Primary Acquiring Firm And MASSMART HOLDINGS LIMITED Primary Target Firm WITNESS STATEMENT OF MR ANDY BOND 1 I am the former Chairman of ASDA Stores Limited (“ASDA”) and an executive vice president of Wal-Mart Stores Inc. (“Wal-Mart”)1, the primary acquiring firm. ASDA is a Wal-Mart subsidiary and is the second largest food, alcohol and general merchandise retailer in the United Kingdom. ASDA was acquired by Wal-Mart in 1999, at which time it was the third largest retailer in the UK market. 2 I joined ASDA in 1994 as a marketing manager and was appointed 1 In this witness statement, I will use the term “Wal-Mart” to refer to the legal entity that is the primary acquiring firm, and the term “Walmart” to refer to the business operations of the Walmart group worldwide. 2 marketing director in 1997. Between 1999 and November 2000, I was responsible for all aspects of food and general merchandise label development, for both ASDA and Walmart Germany. I was appointed as the managing director of an ASDA division, George, in November 2000. ASDA runs George as a stand-alone business operating in the retail sector in the United Kingdom. 3 In 2004 I was appointed as the Chief Operating Officer of ASDA with responsibility for all retail operations and logistics. I also remained the chairman of George and another Wal-Mart subsidiary, Gazeley Property. -
Sainsbury's/Asda And
October 2019 RBB Brief 60 Sainsbury’s/Asda and the CMA’s GUPPI decision rule: On the money or basket case? In April 2019, the UK’s Competition and Markets Authority (CMA) issued one of its highest- 1. Competition and Markets Authority: profile decisions in recent years, prohibiting the proposed merger between the supermarket ‘Anticipated merger between chains Sainsbury’s and Asda.1 In so doing, it relied solely on Gross Upward Pricing Pressure J Sainsbury PLC and Asda Group Ltd: Final report’ (‘the CMA’s Final Index (GUPPI) calculations to determine if local overlaps in the parties’ grocery stores were Report’), 25 April 2019. likely to result in a substantial lessening of competition (SLC). This Brief considers the wider implications of the CMA’s mechanical use of GUPPI values as a decision rule in this case. 2. We discuss further what the CMA The GUPPI offers a summary measure of the upward pressure on prices arising from a might reasonably have done in horizontal merger. However, it is a simple theoretical construct, based on a stylised economic this regard in this Brief. model of competition. As such, its use as a substitute for in-depth competitive assessment is troubling. Strikingly, the CMA did not seek to validate the outcomes of its GUPPI rule against the 3. See ‘Lost in Translation: The use findings of a more comprehensive appraisal of qualitative and quantitative evidence for even and abuse of diversion ratios in a sample of the affected local markets.2 It is notable that a large number of the mergers that unilateral effects analysis’, RBB are routinely cleared by the CMA absent a GUPPI rule would fall foul of the GUPPI threshold Brief 19, June 2006, and ‘The Joint adopted in Sainsbury’s/Asda.