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How big is Wal-Mart?

blog:5637:0::0
By skeptikool
Posted Feb 16, 2010 in Business
This, as received, except for closing up paragraphs. We knew it was big but this may surprise you, if true:
copy:
> This
> should boggle your
> mind!! And scare you as
> well!
> 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. Pat rick's Day (March 17th)
> 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 private employer. And
> 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, and keep 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 are
> Super 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 6.5
> billion.)
> 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 Gross National 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 the poverty
> 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 prices are 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 Labor 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 world
> countries.
> 18.
> Wal-Mart and MOST
> large companies, take out life insurance on its 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
> $1million.
> 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
> shopping someplace else.
> Forbes
> reports - For
> Sam Walton, low prices meant vast riches. By 1985, Walton
> was
> America 's
> richest man. At the time of his death in 1992 he and his
> family were worth at
> least $23 billion, proceeds of a life spent selling
> everything he could fit
> under the roofs of his Wal-Mart ( WMT - news - people )
> stores--from tires to tortellini--at prices neighborhood
> stores could not
> match. Today Walton's heirs--two sons, a daughter, a
> daughter-in-law and two
> nieces--are worth at least $90 billion, making them the
> richest family in
> America . The
> Waltons are so rich that they have more than double the
> dollars of the second
> richest family in the
> U.S.
> , the Koch clan, who command a fortune of at least $40
> billion.

blog:5637:0::0
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