Fun Facts about Wal-Mart
Wal-Mart is the world’s largest retailer with $345 billion in sales in 2007. There are more than 4,000 stores in the US and more than 2,700 more in Argentina, Brazil, Canada, China, Costa Rica, El Salvador, Guatemala, Honduras, Japan, Mexico, Nicaragua, Puerto Rico and the UK. Wal-Mart has 61,000 suppliers and spent $200 billion on merchandise in 2006 and they supported more than 3 million American jobs. More than 176 million customers visit Wal-Mart stores worldwide each week! In the U.S. alone it is 127 million per week! Wal-Mart employs 1.8 million people worldwide and 1.3 million in the U.S. It is the largest private employer in the U.S. and Mexico.
In 2006, 25,000 people applied for 325 jobs at a store opening in Chicago! The average wage for full time is $10.51hr. There are more than 150,000 Hispanics, 225,000 African Americans, 36,000 Asians, 16,000 Native American, 235,000 associates 55 and older and 815,000 women working at Wal-Mart’s! A study actually found that Wal-mart saves households more than $2,300 a year. Now the company has an environmentally friendly initiative which is where they are doubling the efficiency of its trucks becoming 100 percent supplied with renewable energy. So there is zero waste in their stores.
In 2005, the company donated $245 million in donations to charities and organizations around the U.S. including more than $32 million in direct cash to aid relief efforts for Hurricane Katrina and Rita. The Chronicle of Philanthropy has named them the number one corporate cash contributor in America! Unfortunately, when Wal-Mart’s started moving into urban areas it racked up over 12,000 lawsuits! In the 70’s they agreed to close their stores on Sundays then began to open them and later kept them open 24 hrs a day! They promised they would never sell alcohol and now the they are the largest retailer of spirits in the U.S. Wal-Mart’s have a massive presence in Canada, Britain, Germany and Mexico as well as Brazil, China, Korea and Puerto Rico.
In America alone more than 900,000 people are employed by Wal-Mart and no stores are unionized except China! They are the largest retailer in the world and had over $165 billion in sales in 1999. Forbes magazine named Wal-Mart the 400 Richest and described them as the discount stores that froze out the competition. The fact is that Wal-Mart dodges taxes a lot! American spends $36,000,000 every hour and every day at Wal-Mart! It is the largest company in the history of the world! Wal-Mart is so rich they could probably bail out Wall Street!