Walmart 2011 Annual Report Download - page 11

Download and view the complete annual report

Please find page 11 of the 2011 Walmart annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 62

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62

Delivering growth through
Savings Made SimpleSM
Sams Clubs continued focus on understanding our members needs led to strong sales and
operating income growth during the year, with annual net sales of almost $50 billion, an
increase of 3.5 percent over the previous year. Comparable club sales accelerated through the
year, giving us strong sales momentum heading into scal 2012.
Helping members make smart choices. Our members want expanded oerings in produce,
meat and bakery, and we added more than 100 new fresh items last year, with many more
coming this year. Health and wellness is becoming more important to our members, and were
responding by adding services to our pharmacies, such as free monthly health screenings and
hearing centers. Additionally, we continue to add exciting brands in key categories, including
apparel, jewelry, technology and entertainment.
Technology and innovation improving member experience. Both in our clubs and online,
we have created more ways than ever to engage members. We have stepped up technology
oerings, from free wireless networks in the clubs, to a more robust eCommerce site and
the Sams Club smart phone application. Sam’s Club Plus Members can now access their
personalized eValuesSM through a kiosk in the club, the Sams Club smart phone application,
or online.
We’ve also improved our scheduling and stocking processes, which provides productivity
savings. And there are more initiatives on the way to help us better leverage our expenses
this year.
Comparable club sales,
without fuel, increased
sequentially every quarter
during FY11 through
improvements in fresh
products, apparel and
health and wellness
oerings. Sams expects
sales momentum to
continue in FY12.
Walmart 2011 Annual Report 9