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Consumer Recomendation

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Consumer Recommendation: Wal-Mart, Target and Kmart
Wal-Mart, Target and Kmart are three of the most popular discount retail stores in America. Overtime these three stores have competed against one another to gain the business of consumers around the world. Consumers have begun to make conscience decisions about where they shop based on their knowledge of how the company is giving back to the community, the environment, its consumers as well as its employees, economically, socially and environmentally. As consumers, we contribute to the profit and success of these retail stores and it is important to know that a portion of the profit is going towards these entities, ensuring that all stakeholders are being serviced.
Price leadership drives global performance. Wal-Mart has the overall lowest prices for consumer goods, which causes consumers to drive past other retail stores such as Target and Kmart. Wal-Mart has changed the way the retail industry purchases goods from manufactures by shifting from push production to pull production. Through pull production retailers are able to decide on what is being sold in their stores, telling manufacturers what and when to produce based on what is being sold. Wal-Mart, Target, and Kmart are doing an exceptional job at trying to keep prices low, but how do they compare in regards to their corporate and social responsibility?
Wal-Mart is one of the world’s largest retailers. As Wal-Mart may provide its consumers with great low prices ...

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Submitted by: btwalker02
Date Submitted: 03-10-10 11:35am
Category: Social Issues
Words: 1137
Pages: 4.55