CSR Walmart
All facts from this case:
Walmart is one of the most successful companies in the world with $259 billion of
revenues in 2004, which is more than 3 times larger than the next largest retailer.
Walmart operates 5,000 stores worldwide with 138 million people shopping each week
and 1.4 million workers.
Walmart’s financial performance was remarkable with the original marketing strategy to
emphasize “Everyday low prices”.
Walmart achieves low retail prices by leveraging its buying power and by controlling
labor costs.
Stakeholders of Walmart (shareholders, consumers, employees, suppliers, communities)
have received significant financial benefits from Walmart.
Walmart promotes its values as “Honesty, respect, fairness and integrity”, and
emphasizes its basic three beliefs “respect for individuals, service to customers, and
striving for excellence”.
Criticisms to Walmart: