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Wal-Mart Stores, Ine,1 Aaron Brenner, Barry Eidlin, and Kerry

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Wal-Mart Stores, Ine,1
Aaron Brenner, Barry Eidlin, and Kerry Candaele

Under the supervision of
TomJuravich
Conference Research Director

Kate Bronfenbrenner Conference Coordinator

February 1, 2006

Prepared for the
International Conference

Global Companies - Global Unions - Global Research - Global
Campaigns

1This report was funded by the universities supporting the Global Companies-Global Unions-Global Research- Global Campaigns conference and prepared in keeping with one of the primary goals of the conference- increasing our understanding of the changing nature of the structure and practices o f multinational corporations in the global economy. It was prepared for educational purposes only and should not be copied, distributed, or disseminated beyond the participants of this conference. Neither Cornell nor any of the authors or other academic institutions involved in preparing this report intends to advocate or advance any particular action by any individual or organization as a result of the report.

TABLE OF CONTENTS
1. Executive Summary...............................

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1.4 Key Decision Mahers................................................... ................................................

1.5 Key Relationships ..................... .......................<......... .................

1.6 Possibilities for Union Cross-Border Comprehensive Campaigns,............

2. Introduction..................................... ............ .................................................... ...........

2.1 Basic Information......... ......... ............ .......................

2.2 Company History...................... ....... ........... .............................................................

3. Operations................................ .............. .......... ......

3.1 Business Segments............................... ......................

3.1.1 Products and Services.................. ...........................

3.2 Organization of Production and Services................................................... .....
3.2.1 Store Operations............................................ .............. ................. ■„.................

3.2.2 Distribution Centers................. .......... ..................................... ..............................

3.2.3 Facilities....... ...................................................................... .................................................31

3.3 Workforce .......................................... ....... ................................................................................. 34

3.3.1 Part-Time vs. Full-Time Employees.............. ................ ............................ .............. .....35

3.3.2 Gender and Racial Distribution ............. ................ ........................................... ..............35

3.3.3 Employee Turnover......... .................. ...................................... ............. ...............

3.3.4 Wages........... ..................................................................................... ................................

3.3.5 Employee Benefits........... ...................... ...... .............. ..................

3.3.6 Personnel and Disciplinary Policies...... ........................... ..............................................

3.3.7 Compliance with Employment Laws..,..................................... ........................................ 41

3.3.8 Unions...... ........................... ...................................

3.4 Suppliers.............. .......................

3.5 Procurement and Distribution,.................

3.5.1 Global Procurement................... ..........................

3.5.2 Trucking, Shipping, and Railroad..................................

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1.1 Description and Operations.............

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4.1.2 Survival Strategies and Industry Trends.... .......................... ...................... ............ ......64
4.2 Major Competitors.......... ........... ......... ............................ ......................... ............. ...... ........65
4.2.1 Carrefour......................................... ..................................................... ................ ........ 4.2.2 Metro AG...... ............. ................... .................. ....................... .................... .............

4.2.3 Home Depot........... .......................................................

4.2.4 Tesco. ............................................ ................ ................ ........

4.2.5 Costco Wholesale...................... ............. ...............................

4.2.6 Target.......... ............... ........................ ................... .......................................................

5. Financial Analysis..............................

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4. Industry and Competitors...................................................................
4.1 Industry Overview.................................... ...................

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5.1 Income Statement - Fiscal Year 2005.........
5.1.1 Income Statement - First Nine Months of Fiscal Year 2006......
5.2 Balance Sheet - Fiscal Year 2005.................. ............. .............
5.2.1 Balance Sheet-October 31,2005...... ................... ............... .....
5.3 Cash Flow Statement - 2005.... ................... ..............................

5.3.1 Cash Flow Statement - First Nine Months of Fiscal Year 2006

5.4 Segment Analysis....... ........... ........................................ ................ .....

5.4.1 Wal-Mart Stores Segment....... ........... .................... ........ ...........

5.4.2 Sam’s Club Segment.......... ........................ ..................................

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