14 Wal-Mart facts that will blow your mind
Here are some things you might not know about America's largest retailer.
Wal-Mart (WMT) is America's biggest retailer.
We compiled some facts about Wal-Mart that will blow your mind:
- Wal-Mart averages a profit of $1.8 million every hour.
- 35 million people shop at Wal-Mart every day, as much as the population of Canada.
- The average Wal-Mart supercenter sells 140,000 individual items.
- Wal-Mart opened between four and five new stores every week in 2012.
- The Walton family is worth $150 billion, about as much as Bill Gates, Warren Buffett and Michael Bloomberg combined.
- Wal-Mart commonly receives 25 applications for every open job.
- Between Wal-Mart's opening in 1962 and 2002, the number of single-store retailers in the U.S. declined 55%.
- Wal-Mart accounts for 25% of Clorox's (CLX) total sales.
- Wal-Mart's top-selling item in 2012 was the banana.
- 90% of Americans live within 15 minutes of a Wal-Mart.
- Wal-Mart's net sales were $466 billion in 2012. That's more than Argentina's GDP.
- Wal-Mart has 2.2 million employees, more than the population of Houston.
- If Wal-Mart were a country, it would be the 26th largest economy in the world.
I too am a former Wal-Mart employee that was fired for following the law rather that kissing the **** of a customer. Even before Sam Walton passed, the company had started down the path that has led them to their current position. Unhappy employees, unhappy customers, unhappy company executives. These people have no concept of what it takes to make a business a success in the long term. The person on the ground, in the local market either makes or breaks a business. Unhappy workers do not make for a happy company. Benefits for employees (full-time) sucks. Everyday there are fewer and fewer employees that work for Wal-Mart. Why? Very simply, the company can pay the lowest of wages possible and not provide benefits of any nature. The next time you enter a Wal-Mart store, take a minute to look around and look at the employees that you see (if you see any in your immediate vicinity). Do they look happy and or content, pleased with their position/station in life do they make ANY attempt to address you and ask if they can help you.
I know they hate it because I was one of them. Wal-Mart only cares about the money. They do not care about their employees NOR DO THEY CARE ABOUT THEIR CUSTOMERS. Humanity is not in the Wal-Mart vocabulary. I IN NO UNCERTAIN TERMS ASK YOU TO BOYCOTT WAL-MART.
Without any reservations I say that 90-plus percent of you live within a very short distance to a store that is super competitive with the local Wal-Mart. Tell Wal-Mart to kiss your rosy red **** and spend your money elsewhere.
Food stamps SHOULD not be used at fast food places, gas stations, I see pizza boxes at homes of people that are getting home deliver 1 to 2 a day. I can't afford to do that and I work two jobs. But my taxes are buying them pizza's food stamps should be for food you have to cook not just throw into the microwave.
With all the government help why work?
All people should be drug tested before and during getting them and that means nicotine also anyone of them found no food stamp they need a job. Wal-Mart should pay a fair wage so people working they can't get on food stamps I don't shop there because of the way they operate.
I wish more tax payers did the same that's only 47 of us.
Neither my wife nor I has been into a Wal-Mart or a Sam's Club for over 8 years and we don't miss them one bit. Check out the documentary "Wal-Mart, The High Cost of Low Prices" on cable TV or Youtube. It's very enlightening.
I'd be curious to know the fact of how much taxes they pay to the US Govt.
The good thing is that Wallyworld supplies jobs for those who want them. There are many bads from my personal experience(s). I won't shop there, but don't bemoan those who do. I', not the type to ogle Walmart shopper pictures. I dont care.
In our society, if a business is bad, the consumer will dictate their success or failure. Unless, you're GM, Chrysler, and MANY banks. Then you get bailed out by the gov./ we the tax payer. I don't remember votiing on that...
Wal-Mart is the ultimate evil criminal. And in your quest for cheap, you empower them.
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