Question

Macroeconomic Variables: Walmart

Could use any ideas for the following:

1. Provide an overview consisting of a brief description of Walmart's Neighborhood Market, your chosen product or service, and annual sales.

2. Describe how: Unemployment, Inflation and Interest rates (macroeconomic variables) in the United States, impact the supply and demand of Walmart's Neighborhood Market

Using graphs in Excel, interpret the trends of the three selected macroeconomic variables for the past three years. * this is just based on data gatehred in relation to the marcro variables to support conclusions. No data provided by instructor.*

3. Based on the trends of the three macroeconomic variables, assess how the trends will impact the supply and demand of your chosen product or service. Include all calculations in an Excel file.

Answer 1

Walmart Neighborhood Market which is occasionally identified as "Neighborhood Market by Walmart" or off the record known as "Neighborhood Walmart", . It is Walmart's series of smaller grocery stores .The first store opened in 1998, but Walmart rehabilitated its center of attention on the smaller grocery store format in the 2010s. The stores concentrate on three of Walmart's main sales categories are groceries, from which comes about 55 percent of the company's revenue, pharmacy, and fuel. The stores vend fresh produce, deli and bakery items, prepared foods, meat, dairy, organic, general grocery and frozen foods, as well as cleaning products and pet supplies. Some stores have pharmacies. Customers can also make use of Walmart's site-to-store process while pick up online orders at Walmart Neighborhood Market stores.

Walmart Neighborhood Market store products have the similar prices to those at Walmart's larger supercenters. The broader company's pricing makeup gives the series of grocery stores a competitive advantage over its competitors like Whole Foods, Kroger and Trader Joe's. During first 12 years, the company started more about 180 Walmart Neighborhood Markets. At the end of 2017, there were 701 Walmart Neighborhood Markets while each store employing between 90 and 95 full-time and part-time workers. Neighborhood Markets set-up stores are more rapid off the ground and the ROIs (return on investment) are soaring. With a range of food products and fresh produce as good as to any grocery store, as well as it has a pharmacy and good-sized non-food sections for domestic and individual care products, the trade unit generates extra than $10 billion of sales as a whole in a year.