FratFiles

• Save Paper

Walmart Takes on the World

Walmart is the world largest retailer. It has more than 6,500 stores worldwide, employs 1.8 million people and has annual sales of $316 billion. The next-largest global retailer Carrefour (a French discount retailer), has sales of $94.5 billion, and Wal-Mart’s nearest U.S. competitor in the general merchandise category, Target, has only $52.6 billion in sales. More than 70 percent of Wal-Mart’s merchandise comes from China. If Wal-Mart were a country, it would be china’s eighth-largest trading partner, ahead of Russia and Great Britian.

Although the bulk of Wal-Mart’s sales come from the United States, its international division is currently growing at over 11 percent annually. Roughly one-third of its stores are located in 14 markets outside of the United States and account for 20 percent of sales. In order to appeal to consumers of differing levels of affluence and sophistication in various countries, one might expect that Wal-Mart......

View the rest of this paper...

Approximate Word Count: 370
Approximate Pages: 2 (250 words per double-spaced page)

Similar Essays

1. Walmart Takes On The World
   

   Walmart Takes On The World Walmart Takes on the World Walmart is the world largest retailer. It has more than 6,500 stores worldwide, employs 1.8 million people and has annual

2. Walmart
   

   Walmart Wal-Mart Takes on the World Minicase: A Case Study Analysis Subject, Section Name of Teacher April 16, 2006 I. Introduction Wal-Mart Corporation, a private company based

3. Walmart
   

   products that sustain our natural resources and the environment. The steps that Walmart takes to meet these goals are not only good for the environment-they are good for their

4. Walmart
   

   walmart Wal-Mart is one of the largest corporations in the world, and leads the pack of American retail stores in terms of size and sales income. The size of Wal-Mart allows the

5. Term Papr
   

   of the cost structure of a cost leader in Retail Industry – WALMART In the present world, most of the developed economies are using the retail industry as their vital growth