Similarity Report
PAPER NAME
Walmart Inc.pdf
WORD COUNT CHARACTER COUNT
949 Words 5693 Characters
PAGE COUNT FILE SIZE
3 Pages 345.5KB
SUBMISSION DATE REPORT DATE
Sep 6, 2024 11:25 AM GMT+5:30 Sep 6, 2024 11:26 AM GMT+5:30
16% Overall Similarity
The combined total of all matches, including overlapping sources, for each database.
9% Internet database 4% Publications database
Crossref database Crossref Posted Content database
13% Submitted Works database
Summary
Walmart Inc.
1
Walmart Inc., founded in 1962 by Sam Walton, is one of the world’s largest retail
corporations, operating a chain of hypermarkets, discount department stores, and grocery
stores. Headquartered in Bentonville, Arkansas, Walmart has a global presence, with more
than 10,000 stores in 9over 24 countries. Known for its cost leadership strategy, Walmart
focuses on providing low prices and a wide range of products, from groceries to electronics.
Strategic Goals and Global Presence: Walmart’s strategic goals include expanding its
global footprint, leveraging technology for supply chain efficiencies, and enhancing customer
experience through digital transformation. The company’s emphasis on e-commerce growth
has been significant, particularly in response to the rise of online shopping. Walmart has
invested heavily in its digital infrastructure and acquired various e-commerce platforms to
compete in the online retail space.
Recent Developments: In recent years, Walmart has been actively pursuing international
growth through strategic acquisitions. Its acquisition strategy is designed to enter and expand
in emerging markets, where e-commerce growth is substantial.
2. Flipkart Group
4
Founded in 2007 by Sachin Bansal and Binny Bansal, Flipkart 10
is one of India's leading e-
commerce platforms. Headquartered in Bangalore, Flipkart2 started as an online bookstore and
has since evolved into a comprehensive online retail giant 5offering a wide range of products,
including electronics, apparel, and home goods. Flipkart's success in India is attributed to its
deep understanding of the local market, innovative technology, and extensive logistics
network.
Market Leadership and Innovations: Flipkart has been a pioneer in the Indian e-commerce
sector, introducing
2
features like cash-on-delivery (COD), which catered to local payment
preferences. The company has also made significant strides in mobile commerce, with its app
becoming a popular platform for online shopping in India.
Recent Developments: Flipkart has continually 7
invested in enhancing its technology and
logistics infrastructure, including initiatives to expand its reach into tier-2 and tier-3 cities
across India. The company has also focused on building a robust supply chain and leveraging
data analytics to improve customer experience.
The Flipkart-Walmart Merger
3
Merger Details: In May 2018, Walmart announced its acquisition of a 77% stake in Flipkart
for approximately $16 billion, marking one of the largest
11
e-commerce deals globally. This
strategic move aimed to bolster Walmart’s presence in the rapidly growing Indian e-
commerce market and provide Flipkart with resources to expand further.
Strategic Synergies: The merger brought together Walmart’s extensive global supply chain
expertise and financial resources with Flipkart’s deep local market knowledge and innovative
technology. Key synergies include:
Supply Chain Integration: Walmart’s advanced supply chain management systems
and logistical capabilities are expected to enhance Flipkart’s operations, improving
efficiency and reducing costs.
Technology and Data Analytics: Walmart’s investments in technology and data
analytics are likely to support Flipkart’s efforts to refine its customer insights and
personalize its offerings.
Market Expansion: The merger provides Flipkart with the backing to scale its
operations and compete more effectively with rivals, including Amazon, in the Indian
market.
Walmart's net profit margin graph from 2019 to 2024 shows fluctuations with an overall
positive trend. The margin peaked at 2.86% in 2020, likely due to increased sales and cost
efficiencies during the early pandemic. A significant dip to 1.93% in 2023 could be
attributed to inflationary pressures, increased labor costs, and supply chain disruptions.
The recovery to 2.41% in 2024 suggests successful implementation of margin
improvement strategies, possibly including pricing adjustments, operational efficiencies,
and growth in higher-margin segments like e-commerce. This trend reflects Walmart's
resilience in adapting to challenging retail environments and economic uncertainties.
Walmart's debt-to-equity ratio graph from 2019 to 2024 shows an overall downward trend,
8
indicating a reduction in financial leverage. The ratio decreased significantly from 0.8 in 2019 to
0.51 in 2022, suggesting a strategic focus on debt reduction and strengthening the balance
sheet. A slight increase to 0.58 in 2023 may reflect temporary borrowing for investments or
acquisitions. The subsequent decrease to 0.56 in 2024 indicates a return to debt reduction
efforts. This trend demonstrates Walmart's commitment to maintaining a healthy capital
structure, potentially improving financial flexibility and reducing interest expenses, which aligns
with a conservative financial management approach in a dynamic retail environment.
Walmart's total asset turnover graph from 2019 to 2024 shows an overall upward trend with
some fluctuations. The ratio dipped from 2.33 in 2019 to 2.2 in 2020 and 2021, likely due to
increased inventory holdings and investments in e-commerce infrastructure during the
pandemic. The sharp rise from 2021 to 2023 (reaching 2.49) suggests improved efficiency in
asset utilization, possibly from streamlined operations and higher sales volumes. The
continued increase to 2.55 in 2024 indicates Walmart's
6
sustained efforts in optimizing asset
management and driving sales growth. This trend reflects the company's adaptability to
changing market conditions and its focus on operational efficiency.
Walmart's Earnings Per Share (EPS) showed an overall positive trend from 2019 to 2024,
despite some fluctuations. A significant jump from 2019 to 2020 likely resulted from
successful e-commerce initiatives and cost management. The slight decline in 2021 and 2023
may be attributed to COVID-19 impacts, inflationary pressures, and supply chain disruptions.
However, Walmart demonstrated resilience with a strong recovery in 2024, potentially due to
efficiency measures and growth in higher-margin segments. This trend suggests Walmart's
ability to adapt to market changes, navigate the shift to omnichannel retail, and effectively
manage global challenges in the retail industry.
References:
1. Walmart Inc. (2023). About Us. Retrieved from Walmart Official Website
2. Flipkart Group. (2023). About Us. Retrieved from Flipkart Official Website
3. “Walmart’s $16 Billion Bet on India’s Flipkart.” (2018). The Wall Street Journal.
Retrieved from WSJ
4. “The Impact of Walmart’s Acquisition of Flipkart on Indian E-Commerce.” (2019).
Forbes. Retrieved from Forbes
Similarity Report
16% Overall Similarity
Top sources found in the following databases:
9% Internet database 4% Publications database
Crossref database Crossref Posted Content database
13% Submitted Works database
TOP SOURCES
The sources with the highest number of matches within the submission. Overlapping sources will not be
displayed.
Florida Virtual School on 2024-08-31
1 3%
Submitted works
seller.alibaba.com
2 2%
Internet
KK Modi University on 2023-11-05
3 2%
Submitted works
inventiva.co.in
4 2%
Internet
WHU - Otto Beisheim School of Management on 2024-01-30
5 1%
Submitted works
Texas A&M University - Commerce on 2023-12-14
6 1%
Submitted works
yourstory.com
7 1%
Internet
City University of Hong Kong on 2021-05-05
8 <1%
Submitted works
Sources overview
Similarity Report
Nexford Learning Solutions on 2024-07-06
9 <1%
Submitted works
Torrens Global Education Services Pty Ltd on 2024-08-27
10 <1%
Submitted works
University of Nottingham on 2023-02-20
11 <1%
Submitted works
Sources overview
