Wal-mart & Oracle

Wal-mart Oracle

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In this a comparison of the financial statement and ratios of Wal-Mart with Oracle will be done and will finally give some comments on their performance

Wal-Mart

Wal-Mart has been a world leader in retail sales since 1962 when the first Wal-Mart store was opened in Rogers , ark . The company was formally incorporated in 1969 as Wal-Mart inc . Its shares began to float in the OTC by 1970 and two years later the

shares began to be bought and sold at NYSE

In less than a decade , the company started to flourish across America and by the end of the decade it had 276 stores in 11 states . By the year 1983 the company opened up its first Sam 's open warehouse and in the year 1988 the company opened up its first ever super center , which later on became the dominant format of the Wal-Mart stores across the globe Wal-Mart had everything from grocery to general merchandise , it was like `you name it , they have it

In the year 1991 , after creating history in America more than once Wal-Mart opened up its first international outlet in new Mexico and after that there was absolutely no stopping for Wal-Mart The positioning was done superbly with the aim in mind of providing value to those who really need it . The idea was to provide everything at low rates so that those who buy the...