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The International Business Break Through. Lauren Mooney, Paul Dinter, and David Huddleston. International Business. Where it Started. Who Started it . International Business . What is international business ? Is Wal-Mart an internationally recognized brand ?
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The International Business Break Through Lauren Mooney, Paul Dinter, and David Huddleston
International Business • Where it Started • Who Started it
International Business • What is international business? • Is Wal-Mart an internationally recognized brand? • How has Wal-Mart become involved?
Where it Started • In 1950, Sam Walton Purchased a retail store from Luther E. Harrison. (Bentonville, Arkansas) • He opened “Walton’s 5 & 10” • The town later became Wal-Mart’s national headquarters
Who Started it • Sam Walton • Born on March 29, 1918 • Walton opened the first Wal-Mart in 1962 • Mike Duke, the current CEO of Wal-Mart
Becoming International • Wal-Mart became an international company in 1991 • Operates in 26 countries outside the United States • More than 800,000 associates • Over 5,500 stores internationally
Growth Past Present Wal-Mart-4,156 U.S. • Sam’s Club-630 • Wal-Mart International-6,310 • Total Units-11,096 • Wal-Mart-400 U.S.
The Future • Turning over a green leaf • Produce or procure renewable energy
Wal-Mart Statistics Total amount of money spent at Wal-Mart every hour… $36,000,000 Total amount of profit Wal-Mart makes every minute $34,880
Wal-Mart Statistics Cont. Total number of employees 2,000,000 Percentage of Americans that live within 15 minutes of Wal-Mart 90% • Amount per every U.S. dollar • spent at Wal-Mart • 8 cents • Total number of customers • per week • 100,000,000 19th • World Rank by economy if • Wal-Mart were a country
Thank You For Your Time! • For further information please see… • http://www.walmartstores.com/sites/sustainabilityreport/2010/default.aspx