Walmart 2000 Annual Report Download

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Annual Report
2000
2000
WAL⋆MART
WAL⋆MART
Domestic
Operations
Drive Earnings
Growth
Retailer
of the
Century
Banner Year for
International Expansion
Banner Year for
International Expansion
Management
Q&A:
Management
Q&A:

Table of contents

  • Page 1
    2000 WAL⋆MART Annual Report Banner Year for International Expansion Management Q&A: Domestic Operations Drive Earnings Growth Retailer of the Century

  • Page 2
    ...Discount Store News bestows a once-in-a-lifetime honor upon the Wal-Mart culture. 14. Sam's Best Friend It all started with a dog named "Ol' Roy." Today, the namesake dog food leads a pack of privatelabel brands at Wal-Mart. 16. The Gift is in the Giving Community involvement and charitable giving...

  • Page 3
    ... Walton Chairman of the Board H. Lee Scott President & CEO David D. Glass Chairman, Executive Committee of the Board Donald G. Soderquist Senior Vice Chairman Paul R. Carter Executive Vice President & President, Wal-Mart Realty Bob Connolly Executive Vice President, Merchandise Thomas M. Coughlin...

  • Page 4
    ...with our Wal-Mart stores and Supercenters, and another 10-15 percent from SAM'S Club and McLane. The remaining 20 percent of the growth will come from our planned growth in the international markets. This means we have a great opportunity to drive our growth doing the things that we do best today in...

  • Page 5
    ...by providing such great savings and value to people that they want to become members and return frequently to shop. Our new Elite card provides SAM'S Club customers unmatched buying power in non-traditional service areas, and takes our membership services to a new level. Q Why did you put Wal-Mart...

  • Page 6
    .... During the 12 years that David held the position, sales grew from $16 billion to $165 billion. In this speech to the SAM'S Club Associates at the year-beginning meeting, David recounts his memories. This year, I decided to change my role with the Company. I've been with Wal-Mart since the mid...

  • Page 7
    ... Value brokerage, coupon books, member checks and a pharmacy card. Also included in the list of Elite services is a special membership rate with Telebank where members can benefit from excellent rates on certifcates of deposit, money-market and interest-bearing checking accounts. And, it provides...

  • Page 8
    ... Maine Maryland Massachusetts Michigan 6 43 4 31 44 113 23 14 3 89 59 5 9 85 56 36 37 39 48 17 25 32 52 38 0 5 33 8 3 9 4 Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York North Carolina North Dakota Ohio Oklahoma Oregon Pennsylvania Rhode Island...

  • Page 9
    ... managers. Jeanne's experience gives the Company a great start on building an Jeanne Jackson, even stronger Wal-Mart.com CEO presence on the Internet and attracting new customers to the Wal-Mart brand. Wall Street's reaction to the new dot-com venture has been ovewhelmingly positive. Merrill Lynch...

  • Page 10
    ... international markets. With its own price rollbacks, people greeters, "permanently low prices forever" and even "Smiley" faces, ASDA has cheerfully imitated Wal-Mart's store culture for many years. ASDA, based in Leeds, England, was purchased for 6.7 billion pounds - or about $10.8 billion - adding...

  • Page 11
    ... two companies to learn from each other. ASDA, for example, can teach Wal-Mart about its line of high-quality, private-label fashion apparel - a product line rarely seen in grocery stores. George, ASDA's private-label apparel brand, is Europe's fastest growing line of apparel, with annual sales of...

  • Page 12
    ... this smooth for Wal-Mart International. In Argentina, for example, Wal-Mart initially faced challenges in adapting its U.S.-based retail mix and store layouts to the local culture. From the meat counter to the hardware and jewelry departments, Wal-Mart had to learn quickly and work hard to adjust...

  • Page 13
    ...a day as prices on 6,000 different items were rolled back. Cifra had $6 billion in sales in fiscal 2000, a figure that Wal-Mart plans to increase this year. Brazil also offers great opportunities, with the fifth largest population in the world, and with nine Supercenters and five SAM'S Clubs already...

  • Page 14
    ...to learn what makes this Company truly special - the secret that has allowed Wal-Mart to outpace every other retailer in history. The difference, we believe, is the spirit that pervades the Company's culture. It's obvious to anyone who visits a Wal-Mart store, district office or company headquarters...

  • Page 15
    ... its inclusion in the Most Admired List, in W ⋆ part, with fiscal 2000 revenue of $165 billion and with the 70.4 percent annual return that investors received on the Company's stock. Wal-Mart received another major honor last year when the Company was named by CIO magazine as a recipient of the...

  • Page 16
    ...Equate Pain Reliever. In the end, this loyalty improves Wal-Mart's sales and profit margins, which also helps investors. "We want our prices to be accessible to everyone - not just a select group," says Connolly. "So part of our strategy with the private-label brands is to offer opening price points...

  • Page 17
    ... Member's Markâ„¢ label. The brand was created in 1997 and focuses on providing premium products at exceptional values to SAM'S Club members. Items in the line include blue jeans, vitamins, dishwashing detergent and many other consumable products. "One of the long-term benefits of Wal-Mart's private...

  • Page 18
    Good.Works. From Free Eyeglasses to School Breakfast Programs, Wal-Mart Cherishes Role as Community Partner zIn Thunder Bay, Ontario, a WalMart store manager shaves his head to raise money for an elementary school. In Shenzhen, China, Associates bring gifts and cheer to the elderly during the ...

  • Page 19
    ...-Mart and SAM'S Clubs store with the names and photos of missing or abducted children. With 100 million people shopping each week at Wal-Mart stores and SAM'S Clubs, odds are good that the posters can help locate many of these missing children. Since the formation of the Missing Children's Network...

  • Page 20
    ... contributions, the World War II Memorial in Washington, D.C. will finally become a reality. And because of you and millions like you, the selfless sacrifice of these great heroes will never be forgotten. Thank you. © 2000 Wal-Mart Stores, Inc.