Financial Services

As we all know that Walmart provides its customers lots of quality products and services, but it also offers its customers different types of financial services. Now, i am going to highlights financial services that Walmart provides:

1. MasterCard Rewards: You can earn Walmart rewards every time when you use your credit card. It offers you to make 1.25% of your purchase when you shop at Walmart store anywhere in Canada and 1% anywhere out of Canada.

2. Product Protection Plan: Walmart also offers you product protection plan, which provides protection to your product. You can replace a damaged and failed product with this protection plan. It is very low cost way to kpp your things secure.

3. Gifts Cards: Walmart has a variety of colourful gifts cards which are available in all stores. These gifts cards cost you from $5 to $2500.

4. Money Transfer: Western Union at Walmart helps you to send and receive money from all over the world in very short period of time.

It has 510,000 agents location in 200 countries, which makes it more fast, reliable and easy to send and receive money.

These are the Financial services that Walmart providing to its customer, which makes it best and number one retailer in the world from other stores. You can get these all services at every Walmart stores.

Sources:
http://www.walmart.ca/en/financial-services/

Strengths and Weakness 

Walmart is one of the best retailer store all over the world, but it also has some negative aspects that i would like to share with al of you. Here are the some strengths and weaknesses of Walmart:

Strengths:

1. Walmart has a wide range of products which you use in your daily life like grocery, apparel, electronic products and entertainment and home appliances.

2. Walmart uses cost leadership strategy in its business to offers its customer’s low prices.

3. Walmart is a multinational retailer store and has presence over 27 countries around the world.

4. It offers online shopping service to customers to shop from their home.

5. Walmart is the largest retailer in the world, which has more than $400 billion in revenue.

Weaknesses:

1. Walmart often faces labour related lawsuits, which cost millions of dollars to it.

2. Company also has some problems with high employee turnover that raises its expenses.

3. In order to give low prices, company needs to buy more inventories which decrease their profits.

4. Walmart has more part-time employee than full time.

These are the some strengths and weaknesses of Walmart. Company has lots of positive aspects but still there are many weaknesses that Walmart has to overcome to increase its growth and earn more profits. I think Walmart should focus more on its labour related lawsuits to improve its service.

Sources:
1. http://www.quality-assurance-solutions.com/swot-analysis-of-wal-mart.html
2. http://www.strategicmanagementinsight.com/swot-analyses/walmart-swot-analysis.html 

Charity and communities

Walmart is helping the poor and needed families in Canada since 1994. They provide them food, basic necessities through the non –profit organizations and charitable organizations. Walmart is supporting four charitable organizations which are under as follow: 1. Children’s Miracle Network: This organization is mostly supported by Walmart Canada. It is a non-profit organization which helps to improve the life standard of children by providing those funds in 14 children’s hospitals in Canada. The Children’s Miracle Network provides education and medical help to millions of kids to fight against diseases and injuries. 2. Breakfast Club of Canada: It is also a non-profit organization which provides 1215 breakfast to 120000 children in the schools. They provide the nutritious and hygienic food to the kids who help them to pay more concentrate on their studies and improving their attendance.

3. Canadian Red cross: The main aim of Canadian Red Cross is to provide help to the weak people by assembling the power of humankind. Canadian Red Cross has more than 25000 volunteers who help the people whose families and communities are affected by any natural disaster like earthquake, Tsunami, etcetera or other crises. Walmart Canada donates almost $21 million to Canadian Red Cross from the year 2003. 4. Evergreen: Evergreen is a non-profit organization whose mission is to make cities better and clean place for the people of the city. It is a national funder which focuses on sustainable greening projects in the cities and schools. Walmart Canada donated nearly $5 million to this organization from the year 2005.

Sources:

http://walmartcanada.ca/Pages/Our%20Charity%20Partners/190/191/191?lang=en