Strategy Management Wal Mart and K Mart
Strategic Management Assignment 8 1. Do Wal Mart and K Mart exploit any merger and acquisition in recent 5-10 years? Merger &Acquisition | Wal Mart | K Mart | Acquisition | -Bempreco: This company has been acquiesced by Wal mart. Bempreco is a retail chain in northeastern Brazil with 118 units (hypermarkets, supermarkets and mini markets). The acquisition gives Wal-Mart Brazil its first stores in the Northeast market. -Seiyu GK: is a Japanese group of supermarkets, shopping centers, and department stores owned byWal-Mart Stores. In 2005 Wal-Mart acquired a majority stake in the company which it has since increased to 95% ownership, and 100% ownership in 2008.-OneRiot: US-Wal-Mart Stores Inc acquired OneRiot, a Boulder- based provider of online advertising services, it was on Sep 2011.-Kosmix Corp: US-Wal-Mart Stores Inc acquired Kosmix Corp, a Mountain View-based provider of search engine services, it was Jun 2010.-Netto Foodstore: UK - Asda Group PLC, a unit of Wal-Mart Stores Inc 's Wal- Mart Stores (UK) Ltd subsidiary, acquired Netto Foodstores Ltd, a West Yorkshire-based owner and operator of grocery stores, from Dansk Supermarked A/S. | -Wesfarmers: Wesfarmers has continued to transform the size and shape of its business operations through strategic acquisitions and divestments. Steeped in a foundation of retailing since its formation, today Wesfarmers is one of Australia’s leading retailers and diversified industrial companies. From the small farmers co-operative three quarters of a century ago, to the nation’s largest employer with almost 200,000 employees and more than 450,000 shareholders, Wesfarmers remains committed to providing a satisfactory return to shareholders. | Merger | -Massmart: is a South African firm that owns local brand such as game, Makro, Builders Warehouse and CBW. It is the third largest distributor of consumer goods in Africa, the largest retailer of general merchandise, liquor and home improvement equipment and