Walmart Policy and Sustainability Challanges (original) (raw)

2022, Walmart Policy and Sustainability Challenges

Global companies' primary goals are global expansion, sustainability, and considerable market. Sam Walton founded the US retail giant Walmart in 1962. It manages widespread networks of discounted retail warehouses and stores (Williams, 2019). In 2022, Walmart took first in Forbes's Top 500 Fortune companies in market capitalization (Struckell et al., 2022). It is in several nations, including the USA, Argentina, Canada, and Brazil (Williams, 2019). For an extended period, Walmart has endured criticism for its dismal employee treatment, which has been the primary reason for global complaints. This international attention has hindered its global expansion, such as the failure t penetrate the German market. Several factors, including the company's supposedly poor pricing policies and low wages, have contributed to Walmart's rising negative brand image. Despite the company's critics, economists maintain that Walmart has a net beneficial impact on the global economy because it is the largest employer worldwide, with about 2.2 million employees (Alshahari, 2021). The company should re-evaluate its policy to curb growing competition and consumer-changing behavior. Policy and operational adjustment provide a solution to Walmart achieving its sustainability goals and retaining its market share.