Is walmart getting too big????

Summitric

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HERE'S SOME STATISTICS ON WALMART, THAT WERE SENT TO ME.......

This should boggle your mind!!;)
And probably scare you as well!:eek:

1. At Wal-Mart, Americans spend $36,000,000 every hour of every day.

2. This works out to $20,928 profit every minute!

3.. Wal-Mart will sell more from January 1 to St. Patrick's Day (March17th) than Target sells all year.

4. Wal-Mart is bigger than Home Depot + Kroger + Target + Sears + Costco + K-Mart combined.

5. Wal-Mart employs 1.6 million people and is the largest privateEmployer. Most can't speak English.

6. Wal-Mart is the largest company in the history of the World.

7. Wal-Mart now sells more food than Kroger & Safeway combined,keeping in mind they did this in only 15 years.

8. During this same period, 31 Supermarket chains sought bankruptcy (including Winn-Dixie).

9. Wal-Mart now sells more food than any other store in the world.

10. Wal-Mart has approx 3,900 stores in the USA of which 1,906 areSuper Centers ; this is 1,000 more than it had 5 years ago.

11. This year, 7.2 billion different purchasing experiences will occur at a Wal-Mart store. (Earth's population is approximately 6.5Billion.)

12. 90% of all Americans live within 15 miles of a Wal-Mart.

13. The value of product for Wal-Mart passing through the port of San Diego each year is a larger sum than 93% of ALL countries GrossNational Product (GNP) ....and that is only ONE port ...one way that Wal-Mart gets it's stuff.

14. Of the 1.6 million employees, only 1.2% make a living above thePoverty level.

15. Wal-Mart's head office is located and centralized in Bentonville. Due to this fact, there are more millionaires per square mile there than any place on Earth.

16. The official U.S. Government position is that Wal-Mart's pricesare no lower than anyone else's when compared to a typical families weekly purchases. That's the view of the statisticians at the Bureau of Labour Statistics (BLS) responsible for calculating the consumer price index (CPI).

17. 92% of everything Wal-Mart sells, comes from China . Another 4% Comes from Chinese owned companies in the U.S. Or in 3rd worldcountries.

18. Wal-Mart and MOST large companies, take out life insurance on it's Employees, without their knowing. If an employee dies, ALL the
insurance moneys go to the companies. i.e. an employee making $18,000 per year, dies, and the company might make as much as $1 million. Most often these moneys, coming from what is commonly referred to as "Dead Peasant Life Insurance Policies", is paid out to executives as bonuses. (A common practice, unknown by the common man).

19. Wal-Mart now averages a "profit" (not sales) of $36 billion per year.

20. Let Wal-Mart bail out Wall Street. If not, consider shoppingsomeplace else.
 

Bogger

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It's the internet and information can be selected and dissmissed at will....

We discussed Walmart in my Orgonizational Behaviour course... they infact are one of the worlds top employers based on benifits, scholarships and advancement.

90% of walmarts white collar corporate workforce started out as a cashier/stock person/grunt....and with education dollars provided by the employer have finished university educations and climbed the corporate ladder.

Yes they tend to squeeze out the little guy, but thier contribution to local economy, quality of life and charity contribution can not be overlooked.

Just some counter observations and facts...

And I heard somewhere that walmarts medical costs for it's employees are double what the US government pays out annually in public clinic costs.
 
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RETODD

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Jeeesh man ... that is some pretty heavy "Socio-economical" insight before 8am :eek::eek::eek:

I haven't scratched the boys yet...you are a machine :d


It's the internet and information can be selected and dissmissed at will....

We discussed Walmart in my Orgonizational Behaviour course... they infact are one of the worlds top employers based on benifits, scholarships and advancement.

90% of walmarts white collar corporate workforce started out as a cashier/stock person/grunt....and with education dollars provided by the employer have finished university educations and climbed the corporate ladder.

Yes they tend to squeeze out the little guy, but thier contribution to local economy, quality of life and charity contribution can not be overlooked.

Just some counter observations and facts...

And I heard somewhere that walmarts medical costs for it's employees are double what the US government pays out annually in public clinic costs.
 
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