body in this world. WALMART is a retail giant selling things from pin to piano under one roof. In 2004 WALMART was ranked #1 by FORTUNE 500 magazine for the first time. In 2012 WALMART regained the #1 spot with an elephant revenue of $469.2 billion, $20 billion more than the #2 spot. WALMART operates in 27 countries with highest employment of 2.2million people. Works 24 * 7 POLITICAL
Donates to the governor but at times still faces
huge problems like issue regarding locking employees in store at night, fake sustainability display, etc. No steps taken towards political aspects until 1998. In 2006, it was the No. 1 corporate political contributor. Due to no stable government and no proper direction of government in South Africa, Walmart is unable to expand. ECONOMIC
Walmart is blamed for slow GDP when its sales
are poor. For the matter of fact that it contribute 2.3% of GDP of the US economy and the same concept is seen in china. Also in benefit when its sales are up to the level while the economy is slow reason being fall in customer’s income leads them to buy in cheaper retail markets. More the cut on wages more will be the profit and thus more will be the tax amount. SOCIAL
In India, the lawyer of T. Vellayan–the former
president of the Federation of Tamil Nadu Traders’ Association filed the public interest litigation October, 2013 agaisnt Walmart entry in retail. TECHNOLOGICAL
Way behind from other leading retailers on technological
field.
Walmart have less priorities for technological factors on
spending. LEGAL
For instances in India the rule - Foreign retailers source at
least 30% of its products from small- to medium-sized local businesses. ENVIRONMENTAL
Chemical formulation of products by establishing its own
screening process (self-regulation) rather than relying on a federal agency to take care of the regulatory processes. Trying to preempt FDA regulations for front -of-package label. PESTLE + ‘E’ = PESTLEE (STILL PRONOUNCE PESTLE)
“EMPLOYMENT” FACTOR PEOPLE FIGHTING…
UNI Walmart Global Union Alliance
OUR Walmart—a union-backed activist group —accuses the
company of showing disrespect to its employees because it doesn’t pay so-called living wages.
#3 Largest Employer and #1 For Providing Worst Working