14 Wal-Mart facts that will blow your mind

Here are some things you might not know about America's largest retailer.

By MSN Money Partner Oct 18, 2013 12:04PM
Wal-Mart store in Secaucus, New Jersey / Jin Lee/Bloomberg via Getty ImagesBy Ashley Lutz and Mike Nudelman, Business Insider

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.
  • Wal-Mart's $316 billion U.S. retail sales exceed those of Kroger (KR), Target (TGT), Costco (COST) and Walgreens (WAG) combined.
  • 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.
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449Comments
Oct 18, 2013 2:46PM
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Seriously people, stop shopping at Walmart. Shop at Costco instead, some how they manage to turn a profit and pay their employees a living wage with healthcare benefits.
Oct 18, 2013 7:19PM
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Tell us again why they cannot afford to give their employees health insurance please. 
Oct 18, 2013 7:42PM
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The Walton family is worth $150. billion, yet they pay new employees minimum wage, and the average annual salary increase is .30 cents. They have also cut back on the number of employees, which requires those remaining to do the jobs of two or more people. This also explains why you have to stand in long lines to spend your money with an establishment. The American people accept this unfair practice from Wal-Mart, and will not take a stand for the unfortunate people who work there. If Wal-Mart can get away with it, other corporations will eventually do the same thing to enhance profit. Wal-Mart and other businesses are destroying the middle class while they become wealthier, and we are silently allowing them to do this. There comes a time when the people should stand up to corporate America, and demand fair treatment for ourselves and our fellow Americans. Unfortunately, we are too divided, selfish and complacent to do so, but one day you will be the abused, and no one will stand up for you either. Americans refuse to unite as citizens and demand fairness, and that is just sad.  
Oct 18, 2013 1:19PM
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Replacing food stamps with Community Supported Agriculture programs where the government buys crops from local farmers and gives that food to the poor would be far more effective. It would no longer subsidize places like Walmart who help employees sign up for government assistance to offset there low wages. The government money would instead help local farmers and provide the local poor with fruits, vegetables, grains, and other crops which is far more nutritious then most of the crap at walmart
Oct 18, 2013 8:35PM
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Would America be better off without Wal-Mart?
Oct 18, 2013 7:31PM
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did you see the story where they fired an employee because he defended a woman from being attacked....unbelievable...saw it on msn.com
Oct 18, 2013 7:36PM
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They are going downhill fast though. Stores are dirty, employees awful. They will go the way of Kmart within 20 years.
Oct 18, 2013 7:57PM
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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. 

 

Oct 18, 2013 1:44PM
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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.

Oct 18, 2013 7:47PM
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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.

 

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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...

Oct 18, 2013 12:56PM
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For all of those of you who are about to inevitably write about how the food stamp program is just corporate welfare that allows Wal-Mart to pay low wages, why not solve the problem once and for all and do away with the food stamp program altogether?  We could spend the money on soup kitchens and bread lines instead.  Maybe throw in 15 pounds of rice and 15 pounds of beans per person per month.  If folks are truly hungry, they won't mind.

Oct 18, 2013 7:40PM
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Wal-Mart is the ultimate evil criminal. And in your quest for cheap, you empower them.

 

Oct 18, 2013 12:37PM
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Now comes our weekly bashing of Wal-Mart from MSN(Mostly Stupid Nonsenible-news. If you don't like Wal-Mart, don't shop there. I am guessing that mot of the bitchers about Wal-Mart, secretly shop there in the wee hours of the morning.
Oct 18, 2013 7:02PM
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Wal-Mart will control the world one day. No more middle man. And still the employee's will be paid pennies and have no health insurance.
Oct 18, 2013 4:50PM
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To the To Big To Fail/To Big To Jail  J.P MORGAN Chase reaches 4 Billion mortgage settlement ? This is chump change for this banks criminal activities towards the middle class and all Americans !   J.P Morgan is the problem they were bailed out in 2008 with our tax dollars and continue to rob us ALL !    DIE J.P MORGAN CHASE DIE !
Oct 18, 2013 3:57PM
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....and someone left out the most important, glaring facts,  they are antiAmerican and just plain S-U-C-K!
Oct 18, 2013 7:24PM
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Most of these Walmart stores must be doing something right or people would not be flocking to their stores.  Not a Walmart fan myself, but they sure are raking in the dollars.
Oct 18, 2013 6:54PM
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They are also misogynist, famous for underpaying their employers and suppliers and take out life insurance policies on the elderly they hire to squeeze profit from their deaths.


Oct 18, 2013 8:35PM
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If Wal mart had 466 billion dollars is sales, then why does Wal mart not give insurance and enough hours to its employees to pay their bills. Their employees are on food stamps and Wal mart get 1/2 of the life insurance pay out when its employees die.
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