Next week, Wal-Mart Stores Inc. is planning job cuts which involved hundreds of workers. The Chief Executive Officer Doug McMillon presented the company as a whole decides to focus on cost reduction of the retailer while boost investment in other areas, such as better costumer experience.
The new Cuts plan is able to increase the minimum wage to $9 per hour for Marts retail stores’ staff. Thus, higher wages guarantee the quality services the company will provide for the costumers. For years, Wal-Mart entrepreneur makes efforts to find a balance of focus strategy suits its own position in the market. Until now, they found their value is actual face-to-face service instead of the online remote service which Amazon.com Inc. and the other rivals have already implemented.
From October, some Wal-Mart stores in Atlanta, Salt Lake City and six other U.S. Cities will add the free grocery pickup option which means customers will be able to order items online, select a time to pick them up and have an employee deliver the products directly to their car when they arrive. As this new method of traditional retail stores seems like a purely experimental strategy, whether how well it works can only test by the costumers themselves.
A “good strategy” is able to improve value of business and differentiate among the rivals. Wal-Mart may be the one who successfully execute a good strategy in October by merging the online shopping with retailer pickup.
Source:
http://www.bloomberg.com/news/articles/2015-10-01/wal-mart-is-said-to-plan-hundreds-of-job-cuts-at-headquarters
