Wal-Mart is the largest organization in the globe that plays a major role in the world economy. It is the most influential and largest retailer having obtained its corporate preeminence in the retail field. The U.S.A based stores has recorded a tremendous turnout of customers that is, an approximate of 8,400 consumers due to the drastically growth over the years. As the company expands or distributes its services and products all over the world (Midwest-rural south –urban American) it recorded 82% of the American citizens relay on the company products for the household use.
According to the statistic collected, due to the enormous marketplace of the company it has manage to dominate over 30% of the entire market share dealing with household products. The consumers has given positive feedback on the good services and products of Wal-Mart terming it to have the best and customer friendly bargain price thus enhancing the company’s retail supremacy.
It implies that the organization has force its supplier to cut down their prices to promote the larger stores obtain more of the market share. The organization’s success did not go through without getting some critics raising charges against it. For instance, Wal-Mart was referred to as an organization which is purchasing power and trying to cost save any relevant efficiencies in order to eliminate the local rival in the business.
Wal-Mart is alleged of paying it worker low wages and stands as an anti- union. That is it labor cost is lowered by a 20% compared to the normal wages offered by other competitors organization. Its growth is the major cause for the fall of the other institutions by narrowing the consumer’s choice by giving the retailers the greatest power to serve as censor for the cultures.