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Wal-Mart is the largest retailer in the world, operating over 10,700 stores across 27 countries. Founded in 1962 by Sam Walton, it employs over 2.2 million associates worldwide and had fiscal year 2013 sales of approximately $466 billion. Wal-Mart follows an overall cost leadership strategy, offering customers quality products and services at lower prices than competitors through an efficient supply chain and scale advantages. It faces competition globally but maintains power over suppliers and buyers throu

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scribdsunshine

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EN