Friday 20 May 2011

2010 World Top 10 Company #1 - Walmart

Wal-Mart Stores, Inc. (NYSE: WMT), branded as Walmart since 2008 and Wal-Mart before then, is an American public multinational corporation that runs chains of large discount department stores and warehouse stores. The company was the world's largest public corporation in 2010 by revenue.The organization has approximately 2.1 million workers.

The company was founded by Sam Walton in 1962, incorporated on October 31, 1969, and publicly traded on the New York Stock Exchange in 1972. Wal-Mart, headquartered in Bentonville, Arkansas, is the largest majority private employer Walmart is also the largest grocery retailer in the United States. In 2009, it generated 51% of its US$258 billion sales in the U.S. from grocery business. It also owns and operates the Sam's Club retail warehouses in North America.

Walmart has 8,500 stores in 15 countries, under 55 different names. The company operates under its own name in the United States, including the 50 states. It also operates under its own name in Puerto Rico. It operates in Mexico as Walmex, in the United Kingdom as Asda, in Japan as Seiyu, and in India as Best Price. It has wholly owned operations in Argentina, Brazil, and Canada. Walmart's investments outside North America have had mixed results: its operations in the United Kingdom, South America and China are highly successful, while it was forced to pull out of Germany and South Korea when ventures there were unsuccessful.

The trademark

The Walmart map

Almost everything you can get in Walmart including IPhone

It's possible to subsist almost entirely on items found in Walmart (you can even buy tents if you don't have a home), but there's one product found in a quarter of all American households that most Walmarts don't stock: guns. Until now. Walmart is returning the gun counter to a big chunk of its stores. Why does the same store that sells baby clothes and books like Organic Gardening for the 21st Century think its customers will want rifles, shotguns, and ammunition? Because Americans love guns. And Walmart thinks they can sell them to us.

The customer is so thrilled

New venture in China

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