
Walmart
Walmart, the world's largest retailer by revenue, announced that it will get back to its founder's roots by initiating more price cuts. Critics claimed that the giant was getting away from its original focus because it posted relatively high gross profit margins. CEO Mike Duke assuaged critics by saying Walmart's $400 billion in sales will become even larger because the price cuts will attract more customers and it will lower its costs of goods sold.
-Refer to Walmart.Many Walmart stores have a full line of groceries and general merchandise with a wide range of services,such as a pharmacy,portrait studio,optical shop,and bank.Walmart is an example of which type of discount store?
A) Hypermarket
B) Supermarket
C) Extreme-value retailer
D) Supercenter
E) Category killer
Correct Answer:
Verified
Q132: Walmart
Walmart, the world's largest retailer by revenue,
Q134: Diaz
John Diaz immigrated to Tallahassee from Cuba
Q135: Apple Stores
Apple, Inc. opened its first Apple
Q139: Apple Stores
Apple, Inc. opened its first Apple
Q141: Compare and contrast trading up and suggestion
Q149: One important reason channel members are included
Q152: Apple Inc.opened its first Apple Store in
Q153: Apple Inc.opened its first Apple Store in
Q154: John Diaz immigrated to Tallahassee from Cuba
Q164: What is the first task of developing
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents