Diversity Training Program Project Tech 670

Diversity Training Program Project Tech 670 - TVVCR monitor...

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VCR TV monitor Trainer’s materials and supplies here. Overhead Projector Wal-Mart Retail Stores and Supercenters Diversity Training Program Training Program Development Project Julia A. McCain Spring 2009 TECH 670-05A: Introduction to Workplace Training and Development Dr. Vincent W. Childress, Professor
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Program Context It all began in 1962 in Rogers, Arkansas, when Sam Walton opened the company’s first Wal-Mart discount store. Five years later, there were twenty-four (24) Wal-Mart stores in Arkansas, grossing up to $12.6 million dollars in sales. In 1968, Wal-Mart Aviation hired it first full-time pilot, who provided help to Sam and Bud Walton, as well as the opening of the first stores outside of Arkansas, in Silkston, Missouri and Claremore, Oklahoma. The company officially incorporated as Wal-Mart Stores, Inc. on October 31, 1969. Today, there are 891 stores offering a pleasant, convenient and affordable shopping experience across the United States. The size of an average Wal-Mart store is 107,000 square feet. Each store employs about 225 employee associates. Wal-Mart stores feature wide, clean, brightly-lid aisles and shelves stocked with a variety of quality value priced general merchandise from family apparel and health and beauty aids to houseware and automobile products to pharmaceutical services. Wal- Mart also owns and operates Sam’s Club and Wal-Mart Neighboring Market, Marketside, and Wal-Mart International. Wal-Mart Supercenters were developed in 1988 to meet the growing demand for convenient, one-stop family shopping featuring the famous motto, “Every Day Low Prices.” Wal-Mart Supercenters across the United States save their voluminous base of customers’ time and money by combining a wide variety of general merchandise all under one roof for purchasing convenience. There are 2,612 Wal-Mart Supercenters nationwide, and most are operated 24 hours daily. Supercenters average 187,000 square feet and employ about 350 or more associates. Each week, about 100 million customers, nearly one-third of the U.S. population, visit Wal-Mart stores in the United States. In 2006, Wal-Mart was 67 th most profitable corporation (profits divided by
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total revenue), behind retailers such as Home Depot, Dell, and Target, and ahead of Costco and Kroger. For the fiscal year ending January 31, 2006, Wal-Mart reported a net income of $12.6 million on $340 billion of sales revenue (3.5% profit margin). For the fiscal year ending in January 31, 2006, Wal-Mart’s international operations accounted for about 20.1 percent of total sales. As of January 8, 2009, net sales for the 48-week period ending January 2, 2009 was $370.5 billion, up 6.5 percent from the previous year’s fiscal results. As the world’s largest retailer, Wal-Mart values diversity and foster a work environment that
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This note was uploaded on 05/11/2010 for the course TECH Tech 670 taught by Professor Childers during the Spring '10 term at N.C. A&T.

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Diversity Training Program Project Tech 670 - TVVCR monitor...

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