Key insights and practical lessons of Wal-Mart Essay

Key insights and practical lessons of Wal-Mart - Essay Example The company runs the largest grocery store in United States of America, and in 2009, over 51% of its sales revenues in United States of America came from its grocery stores (Roberts and Bergs, 2012). This revenue amounted to 258 billion United States dollars. The company has a presence in North America, operating a retail warehouse business. The company has an approximate number of 8500 stores in 15 different countries. In these 15 countries, the company has different brand names. For instance, in United States of America, the company operates under the brand name of Wal-Mart. In Mexico, the company operates under the brand name of Walmex, while in India; the company operates under the brand name of Best Price (Roberts and Bergs, 2012). The company also has retail stores in Japan, Argentina, South Africa, China and the United Kingdom. Despite its successes, the company does not have operations in East Africa, and in particular Kenya. Kenya has the most dominant economy in East Africa , and it has a fast growing retail market within the region (Agwuele, 2012). It also has an open economic system, which is conducive in attracting Foreign Direct Investments in the country. It has one of the best labor force in Africa, and good infrastructures such as an elaborate road network, and efficient supply of energy (Agwuele, 2012). On this basis, the country is a good destination for the entry of the business within the region. Despite its successes, the company does not have operations.