v3 Chapter 774： 3 future Fortune 500 companies (2/2)
Wal-Mart is a traditional retailer, but the Walton family has achieved the ultimate in management and operation, and has made full use of the technology of the times to keep Wal-Mart alive and become the world's No. 1 retail giant with an annual turnover of more than 400 billion. Nearly 500 billion US dollars.
But what about Costco?
There are only more than 700 stores worldwide, which is only about 6% of the total number of Wal-Mart stores.
But the turnover has reached a quarter of Wal-Mart's!
Net profit is even closer to about one-third of Wal-Mart's!
Such a gap is determined by the model.
But this is not to deny Wal-Mart, after all, the number one in the world is the number one in the world!
For Wal-Mart, it has now made up its mind to take a large share of it. Of course, it would be better if it could be acquired and privatized.
But Xia Yu also knows that this is unrealistic. Wal-Mart is controlled by the Walton family and is the only industry. It will never be sold to Xia Yu.
Even if they were sold to Xia Yu, they would make a comeback. At that time, it would be a huge threat.
Xia Yu did not have enough confidence to make Wal-Mart, which lost the Walton family, develop better than the original trajectory.
But in any case, it is still possible to become the biggest beneficiary besides the Walton family.
As for the Price member store and the future Costco, since it is not listed, it is of course a direct wholly-owned acquisition. No matter how bad it is, the two founders of Costco must be dug over and started by themselves.
As long as you hold Wal-Mart and Costco, it doesn't matter if other retailers don't touch them.
Although most of the current retail giants can develop into later generations, they have the same potential. The market value of the largest in more than 30 years has increased by ten to twenty times. Xia Yu didn't bother to go head-to-head with big consortia for this kind of company.
Take Kroger, for example. Although the annual revenue of later generations will reach 100 billion U.S. dollars, which is comparable to Costco, Kroger, founded in 1889, has long been under the control of a large consortium. Limited to management and model, it has high revenue and low net profit, and its market value is only more than 20 billion US dollars, which is less than one-fifth of Costco.
Now that the Chicago consortium controls, the ”King of Department Stores” Sears Department Store, which is infinitely beautiful, has fallen into bankruptcy for later generations.
Shaking his head slightly, dispelling the mixed thoughts in his mind, he focused on the materials again.
He turned a few pages forward and found the Dayton-Hudson company with a market value of only 370 million US dollars~ with a pen and ticked here.
In this material, apart from Wal-Mart and Price member stores, this company is the most suitable to start.
Dayton Hudson, founded in 1962, was founded in the same year as Wal-Mart, and its market value is hundreds of millions of dollars higher than Wal-Mart.
In future generations, Dayton-Hudson will be renamed Target. It is also a Fortune 500 company in the future, ranking more than 100 and having a market value of US$50 or 60 billion.
Now the market value is only 370 million U.S. dollars, and there is still room for one or two hundred times of appreciation. It has the greatest potential besides Wal-Mart and Price member stores.
These three goals are all Fortune 500 companies in the following generations, and they are ranked extremely high, one in the world, one in the world's top 50, and one in the world more than 100!
With these three companies, Xia Yu's retail layout will be as stable as Mount Tai.
What's more, there is the Home Depot company, the world's number one in the home retail field in the future. Don't be too stable!
If you do more in other fields such as medicine and home appliance retail, the Jiuding Consortium will be invincible.
After the circle was completed, Xia Yu handed the materials to Peter Lynch and said to him: ”I have circled three companies, namely Wal-Mart, Dayton Hudson and Price Member Store, all of which are abandoned. ”
”Wal-Mart and Dayton Hudson will acquire equity as much as possible, and it is best if they can achieve a controlling stake.”
”As for the Price member store, you order people to form an acquisition team and make full acquisitions, but I have one requirement, that is, the middle and senior management team must be complete!”
Peter Lynch looked down and nodded in response, ”Okay!”
PS: Sorry for working overtime late, the update is so late, sorry!
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