Walmart

The two service companies that I chose to focus my paper on Wal-Mart Stores, Inc. and Target Corporation. There two retailers are located fairly close to my living quarters. They both offer similar products. I have also seen these companies grow and compete with each other. Just in the recent years, they added food and beverages their products that they offer. They are a couple of miles apart. When a choice has to be made about where to go for products and services, it is usually a decision between brand and price. Wal-Mart is the largest retailer not just in the United States but around the world. Wal- Mart’s headquarters is located in Arkansas and employs 2,200,000 people. Wal-Mart is also amongst the top three largest corporations in both the United Sates and the world. Its brand is also amongst the 25 most recognizable brands in the world by Business Magazine. In the United States, Wal-Mart offers discounts stores, supercenter stores, neighborhood market and other smaller stores. Target Corporation is a large retailer in the United States. Target’s headquarters is located in Minnesota and employs about 366,000 people. Target has a very strong brand name. For this reason, Target is able to reach markets and maintain their loyalty of their customers. Target is ranked amongst the top 50 corporations by Business Magazine. Types of Inventories Wal-Mart uses radio-frequency identification for their inventory needs. Radio –frequency identification also known as RFID technology transfers information imbedded on tags placed on Assignment 2: Inventory Management 2