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Walmart stores inc case study
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Walmart stores inc case study
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On the above date and time, while conducting a business check of 8701 US 19, Port Richey (Walmart), I was met by a Walmart loss prevention employee in reference to a stolen phone. I identified the loss prevention employee as Steven Uliano through previous encounters. Uliano stated that a female associate made contact with him and advised that her phone had been stolen from the back restroom inside Walmart. I made contact with the female employee, who identified herself as Kim Anderson by her Florida driver’s license. Anderson was negative for wants and warrants through an FCIC/NCIC computer check. Anderson advised that at approximately 1950 hours she proceeded to the restroom at the back of the store. Anderson stated that she accidentally
On Friday, 09/23/2016, at approximately 0830 hours, I, Deputy Stacy Stark #1815 met with the reporting party, James R. Boucher (M/W, DOB: 07/25/1959) at the Jackson County Sheriff’s Office. I requested James R. Boucher to come to the Jackson County Sheriff’s Office to review the Wal-Mart video footage I collected and identify the suspect, James Roy Boucher (M/W, DOB: 03/16/1978) on the video footage.
Facts: On December 4, 2012 the case involved Sandra Primrose as plaintiff versus Wal-Mart Stores, INC., as defendant presented in the hearing trial court. Ms. Primrose who was 73 years old at the time claimed that because of the Wal-Mart’s watermelon signs was display in the wrong area, where she was tripped and fell over the corner of the sign on September 09, 2009, and had caused her injuries while trying to transporting the watermelon to her shopping cart. She didn’t filled out the damage reported until September 09 of 2010. On October 15, 2012, Wal’Mart filed a motion for summary judgment request. According to Scott Harden who’s the store manager in this location during the incident was occur claimed that the signs have been in-used for
Police reported to a robbery in progress and found a Jeep backed up to the door of the restaurant upon arriving. Two suspects were walking out with handfuls of stolen merchandise. The robbers, a man and a woman, were arrested at the scene. These robbers were 23-year-olds, married couple Erika and Benjamin Sifrit.
Upon the male exiting the store he was stopped and identified as Franklin Burkhart. Burkhart did not have any store property on him at the time of the stop.
Analyzing Wal-Mart's annual report provides a positive outlook on Wal-Mart's financial health. Given the specific ratios and its comparison to other companies in the same industry, Wal-Mart is leading and more than likely continue its dominance. Though Wal-Mart did not lead in all numbers, its leadership and strong presence of the market cements the ongoing success. The review of the current ratio, quick ratio, inventory turnover ratio, debt ratio, net profit margin ratio, ROI, ROE, and P/E ratio all indicate an upbeat future for the company. The current ratio, which is defined as current assets divided by current liabilities, is a measure of how much liabilities a company has compared to its assets. Wal-Mart in the year of 2007 had a current ratio of .90, and as of January 2008 it had a current ratio of .81. The quick ratio, which is defined as current assets minus inventory divided by current liabilities, is a measure of a company's ability pay short term obligations. Wal-Mart in the year of 2007 had a quick ratio of .25, and as of January 2008 it had a ratio of .21. Both the current ratio and quick ratio are a measure of liquidity. Wal-Mart is not as liquid as its competitors such as Costco or Family Dollar Stores Inc. I believe the reason why Wal-Mart is not too liquid is because they are heavily investing their profits for expansion and growth. Management claims in their financial report that holding their liquid reserves in other currencies have helped Wal-Mart hedge against inflationary pressures of the US dollar. The next ratio to look at is the inventory ratio which is defined as the cost of sales divided by average inventory. In the year of 2007, Wal-Mart’s inventory ratio was 7.68, and as of January 2008 it was 7.96. Wal-Mart has a lot of sales therefore it doesn’t have too much a problem of holding too much inventory. Its competitors have similar ratios though they don’t have as much sales as Wal-Mart. Wal-Mart’s ability to sell at lower prices for same quality, gives them the edge against its competition. As of the year 2007, Wal-Mart had a debt ratio of .58, and as of January 2008, it had a debt ratio of .59. The debt ratio is calculated by dividing the total debt by its total assets. Wal-Mart has a lot more assets than it does debt so Wal-Mart is not overleveraged.
On 11/9/17 at 9:56 AM, Security Officer Larry Mayer notified Security Account Manager Enmanuel Cabrera, that he witnessed IH Services Supervisor Roberto Medina take a soda from the bistro and not pay for it. Immediately an investigation was launch to see exactly what happened. Upon further review of the video surveillance system, one can see that Roberto Medina goes to the pay kiosk near the coffee machine at 9:45:54 AM. While at the kiosk, Roberto appears to refill his US Connect card. Shortly after that, Roberto goes to the refreshment refrigerator and grabs a grape crush soda. Upon grabbing the soda, he goes to get a cup, then some ice, and sits back down. At no point and time is Roberto seen paying or returning to the kiosk.
I made contact with the driver of the vehicle, who was identified by his Florida driver’s license as Ronald Paul Bjornstad. I made contact with the front seat passenger, who was identified by her Florida driver’s license as the Chevrolet’s registered owner, Amanda Claire Grauaug. As I was speaking with the occupants of the vehicle, I observed the female to be shaking consistent with someone who was nervous. I asked her if she was shaking because she was hiding drugs or weapons and she replied, “umm…….nooo….I don’t think so.” She advised she was in the process of moving into the Grand BLV Motel. The Grand BLV Motel is located at 7804 Grand BLV Port Richey, FL and is known to law enforcement to be a location where the sell and use of illegal narcotics is common.
On the above date and time I was conducting an area check of the Walmart parking lot.
Fishel, 288 S.E.2d at 21; Dixon, 169 S.E.2d at 189. In Fishel, the customer was detained on the suspicion of shoplifting aspirin. 288 S.E.2d at 21. While he was detained the manager handcuffed him to the chair and made no attempt to investigate. Id. at 23. The manager's actions were not covered under the shopkeeper’s privilege because of the manager’s failure to reasonably investigate the customer's claims of innocence. Id. at 23. Conversely, in Dixon, the customer was detained on the suspicion of shoplifting for about forty-five minutes while the store’s employees investigated. 169 S.E.2d at 189. The employee’s had reasonable suspicion that the customer was attempting to shoplift a hat, when the employee saw the customer's friend remove the tag. Id. The appeals court ruled in favor of the store since the actions were a result of the reasonable suspicion. Id. at
I made contact with business employee, Tina Davey. Tina was able to review the business security camera. Upon review of the security video I observed the victim arrive to the business on the bicycle and place it near the business entrance. I observed the victim enter the business and a short time later a male subject take possession of the bicycle and leave the property. I was able to take still photographs of the suspect, later identified as Anthony Marco-Rose, which was distributed as a bolo via my agency issued E-mail and entered into the Port Richey Police Department property room as evidence. The suspect was observed wearing a ret polo shirt, black pants, and black shoes with a tattoo reading “ROSE”.
Loss prevention and risk management have become an increasing sector for businesses and companies. Loss prevention has gained a larger role on organized crime cases within the field of retail. Experienced groups have been targeting retailers for numerous years, but merchants are just starting to come together to combat organized retail theft, developing crime databases and establishing stronger loss prevention departments. The rapid growth of organized retail theft has affected how retail loss prevention departments handle the large cases.
A review of her criminal history indicated she had been convicted five time in the past for stealing related
Wal-Mart Stores Inc. is in the discount, variety stores industry. It was founded in 1945, Bentonville in Arkansas which is also the headquarters of Wal-Mart. Wal-Mart operates locally as well as worldwide. It operated 1209 discount stores, 1980 super centers, and 567 Sam’s Club by January 31, 2006. It has also extended its operations to many international countries. It runs its retail stores in two forms: Sam’s Club and Wal-Mart Stores. The Sam’s Club sells assorted product lines such as hardwares, electronics, jewelry, and to mention a few. The Wal-Mart stores also offer similar products in addition to the following: health and beauty products, apparel for women, men and children, household appliances etc (www.yahoo.finance.com). The Vision Statement, Mission Statement, Values and Code of Conduct, Corporate Governance: Directors, Executive Management, Committees and Stakeholder will be the key elements that will discussed in this report as it relates to Wal-Mart. In addition to that, the major trends in the general/macro environment and industry will be analyzed.
As the investigator and associate approached the entrance to the fountain Blue Grille at 7:49 AM, there were no visible staff members to greet or seat us at the door. The investigator and the associate stood at the doorway. The investigator noted three staff members at the pos system upstairs on the right of the entrance, the three staff members were talking and their backs were facing the guests. At 7:52 the Manager (Caucasian, female 40’s, 5’3” shoulder length brown hair, black or navy blue blazer, couldn’t read a nametag) shouted “go ahead, take a seat anywhere”.
I have unfortunately seen first hand the staff and customers and staff in action. I was at Wal-mart, a few y...