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4-Traders Homepage  >  Equities  >  Nyse  >  Wal-Mart Stores, Inc.    WMT

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Wal-Mart Stores, Inc. : Community of Medford Welcomes New Walmart

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08/15/2012 | 03:36pm CEST

Newly relocated Walmart features new layout with bright, open interior design

MEDFORD, Ore., Aug 15, 2012 - A new Walmart opens this month in Medford, bringing a full line of groceries and an increase in tax revenue to support the area's economy. The Walmart, located at 1360 Center Drive will be open to customers at 8 a.m., Wednesday, Aug. 15 after a brief ribbon-cutting ceremony.

Store Designed to Improve Customer Experience

In recent months, Walmart has taken major steps to refresh its stores, merchandising and customer experience. The improvements have all come together in the company's newest stores, such as the Medford Walmart.

The new Walmart features wide aisles, enhanced service and a layout designed to make the shopping experience more convenient for customers. Walmart aligned the departments that customers shop most frequently.

"The layout of the store is easy to navigate, which will save our customers time as they shop for everyday necessities," said store manager Rachel Ciddio. "By grouping the products that our customers most often purchase including health and beauty and pet supplies, we are making one-stop shopping even easier."

A bright interior color palette creates an inviting shopping experience and helps define the store's merchandise areas. Lower shelving creates an improved sightline and directional signage on every aisle helps customers find what they are looking for quickly. Walmart also combined the customer service desk, Site-to-Store pick-up location and photo lab in one area near the entrance. Customers now have easy access to these services, as well as associates on hand to help meet their needs.

Store Design Incorporates Environmentally Friendly Features

The Medford Walmart, like all new Walmart stores, includes energy-efficient technology and environmentally friendly features to reduce energy and water consumption and minimize waste. The store's skylights harvest daylight and reduce the amount of energy required to light the store by up to 75 percent daily. LED lighting in the store operates 70 percent more efficiently than traditional fluorescent lighting.

The cement used in the concrete flooring is made with recycled materials, and the floor's finish reduces the need for chemical cleaners. Low-flow toilets and faucets reduce the water used in the bathrooms. The new store also operates a recycling program and will promote sustainable product purchases.

Ribbon-Cutting Celebration 7:30 a.m., Aug. 15

Community and business leaders will join Walmart associates at 7:30 a.m., Wednesday, Aug. 1, for a brief ribbon-cutting ceremony. Ciddio and store associates who have worked at the store since its original opening in 1993 will cut the ribbon to the new store and Ciddio will also sing the national anthem. Sgt. 1st Class Mark Dalton of the National Guard will present the colors. There will also be a special performance by the local dance company of Ballet Forklorico.

About Walmart
Wal-Mart Stores, Inc. (NYSE: WMT) serves customers and members more than 200 million times per week at more than 10,130 retail units under 69 different banners in 27 countries. With fiscal year 2012 sales of approximately $444 billion, Walmart employs more than 2 million associates worldwide. Walmart continues to be a leader in sustainability, corporate philanthropy and employment opportunity. Additional information about Walmart can be found by visiting http://walmartstores.com, and on Facebook at http://facebook.com/walmart and on Twitter at http://twitter.com/walmart. Online merchandise sales are available at http://www.walmart.com and http://www.samsclub.com.

FACT SHEET
Medford Walmart
Store facts
  • Location: 1360 Center Drive, Medford, Ore.
  • Formerly located at 300 W. Valley View Road, Talent, Ore
  • 176,177-square-foot Walmart
  • Store opens at 8 a.m. Wednesday, Aug. 15, following a 7:30 a.m. ribbon-cutting ceremony
  • Store manager: Rachel Ciddio
Store features
  • Full line of groceries, including a bakery, a deli serving fresh food and meal solutions for moms, meat and dairy products, fresh produce and beer and wine
  • More than 30 merchandise departments such as apparel and accessories, a drive-through lawn and garden center, health and beauty aids, and an expanded electronics department
  • Convenience services include a pharmacy, digital photo processing center and Walmart Connect Center
Employment
  • The average wage at Walmart for full-time hourly associates in Oregon is approximately $12.99 per hour*
  • Walmart's benefit program is available to eligible full- and part-time associates and provides a variety of affordable health and well-being benefits including medical insurance with no lifetime maximum. Walmart also offers matching 401(k) contributions of up to 6 percent of pay, discounts on general merchandise for store associates, an Associate Stock Purchase Program and company-paid life insurance. Additionally, eligible associates receive a quarterly incentive based on store performance.

* Average wage taken April 2012. See www.walmartstores.com for details.

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Financials ($)
Sales 2017 486 039 M
EBIT 2017 22 718 M
Net income 2017 13 332 M
Debt 2017 41 784 M
Yield 2017 2,72%
P/E ratio 2017 17,24
P/E ratio 2018 16,53
EV / Sales 2017 0,56x
EV / Sales 2018 0,55x
Capitalization 229 790 M
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Mean consensus HOLD
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Average target price 69,1 $
Spread / Average Target -6,3%
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NameTitle
C. Douglas McMillon President, Chief Executive Officer & Director
Greg B. Penner Chairman
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Brett M. Biggs Chief Financial Officer & Executive Vice President
Karenann K. Terrell Chief Information Officer & Executive VP
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