Wal-mart

:.::....

3

1998

500

0.1%35%

20063.9

35%

4

1.

2.

5

:

6

250

31

8

8

1962

1987

1990

1991

2000 2001 2003 2004 (Fortune)

2005 RFID

9

10

Wal-Mart

(

)

11

()

12

(1040) Wal-Mart Discount Stores

13

(2701) Wal-Mart International

2006

Wal-Mart

20.1%

14

(584)Sam's Club

(1)

(2)

(3)

15

One-Stop shopping

(2326 )Wal-Mart Supercenter

36

16

(118)Wal-Mart Neighborhood Market

--

18

19

-

30%

48

85%

2%3%

v.s. ()

HR

20

120

48

0

20

40

60

80

100

120

140

Wal-Mart

/

3%

4.50%

0%

1%

2%

3%

4%

5%

Wal-Mart

21

--

4000

RFID

RFID40~50

10~30

Wal-Mart38%

40%

22

Wal-Mart

:

23

:

:

:

24

Wal-Mart

--

26

27

28

Wal-mart

Wal-Mart Watch

(

Wal-mart47%)

80%

Coo effect

29

Thanks for your attention!