BY: ANIL M BAMBULE MBA1201003 anildvhimsr3@gmail.co.

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HISTORY OF WAL-MART
In 1945 Sam Walton opened the first Ben Franklin franchise in Newport Arkansas and operated them with his wife, Helen and brother, Bud. These were small chains that were very successful. In November of 1962 Wal-Mart was opened. Wasnt until mid 1970s that Wal-Mart began to grow.

1st IPO in 1970. Then 100 shares were worth $1,650 dollars and now the same 100 shares are worth more than $6 million dollars. In 1999 named #1 stock on the Dow.

WAL-MART
4,263 stores and 660,000 workers in 15 countries outside of the USA

Years since started

IMPORTANT PEOPLE

Co-founders, Sam and James Bud Walton started 1st Wal-Mart in Rogers, Arkansas, 1962 David Glass was named president 1984, in 1988 he became chief executive officer S. Robson Walton named chairman of the board in 1992 President and CEO in 2000- H.Lee Scott Vice President- Laura Philips Current CEO is Mike Duke

THEIR MISSION STATEMENT

They dont have a formal mission statement They are most interested in the customers needs The culture consists of Respect for the individual Service to our customers Strive for excellence If they did have a formal mission statement it would be, To provide quality products at an everyday low price and with extended Customer servicealways.

Bharti Walmart Private Limited is a joint venture between Bharti Enterprises, one of India's leading business groups with interests in telecom, agri-business, insurance and retail, and Walmart, the worlds leading retailer, renowned for its efficiency and expertise in logistics, supply chain management and sourcing. The joint venture is establishing wholesale cash-and-carry stores and back-end supply chain management operations in line with Government of India guidelines. Under the agreement, Bharti and Walmart hold 50:50 stakes in Bharti Walmart Private Limited. The first Wholesale Cash-and-carry facility named "Best Price Modern Wholesale" Opened in Amritsar in May 2009 and subsequently in Zirakpur (Near Chandigarh), Jalandhar, Kota, Bhopal, Ludhiana, Raipur, Indore, Vijaywada, Meerut, Agra, Lucknow, Jammu, Guntur, Aurangabad ,Bathinda, Amravati ,Hyderabad and Rajahmundry.

COMPANY PROFILE
Full Name : Bharti Wal-Mart Pvt Ltd Headquarters : Aravali Crescent, Nelson Mandela

Road, Phase II, Vasant Kunj , Delhi, 110070

Status : Non-Listed Legal Form : Limited Liability Company Financial Auditors : S R Batliboi and Company (2012) Type of Business : Retailer

INDIAN RETAIL SECTOR

INDIA - Most attractive retail destination . $320 Billion sales now -- $637 Billion in 2015 compound annual growth rate is 5 % Highly Fragmented A nation of shopkeepers 14% to Indias national GDP

CONCLUSION
Emergence of organized retail sector. Wal-marts joint venture with Bharti .co aimed at capitalizing growing middle class . Bharti .co ideal partner for Wal-mart . Many unique challenges in India to overcome If challenges tackled ,this partnership could tranform Indian retail .