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Wordcount: 2571

Secretes Underlying Wal-Mart Success

As we all know, Wal-Mart is the most successful retailer in the world. It was named by FORTUNE magazine as the most 3rd admired company in America in 2003. As of 30th January, 2002, Wal-Mart operated 2,729 Wal-Mart Stores (including 1,093 Wal-Mart Supermarkets), 502 Sam’s Clubs and 31 Neighbourhood Markets. Nowadays, Wal-Mart serves more than 100 million customers weekly in 50 states, Puerto Rico, Canada, China, Mexico, Brazil, Germany, United Kingdom, Argentina and South Korea. Why is Wal-Mart so Successful? Is it Good Strategy or Good Strategy Implementation? Yes. It owes its achievement in high sales mostly to the advanced and efficient logistics and distribution planning strategy, especially in the America market. Compared with

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