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Walmart. Save Money. Live Better. Always Low Prices. 2,100,000 Employees Head quaters – Bentonville, Arkansas, Usa. Revenue – 408,214,000,000 ( 0.6% from 2008) Profits - $14,335,000,000 ( 7% from 2008) Assets - $170,706,000,000 Stockholder’s Equity - $73, 236,000,000 (12.17%).
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Walmart Save Money. Live Better Always Low Prices
2,100,000 Employees • Head quaters – Bentonville, Arkansas, Usa
Revenue – 408,214,000,000 (0.6% from 2008) • Profits - $14,335,000,000 (7% from 2008) • Assets - $170,706,000,000 • Stockholder’s Equity - $73, 236,000,000 (12.17%)
Fortune 500 General Merchandisers • Walmart #1 • Target #30 • Sears Holding #48 • Macy’s#103 • J.C. Penney #133
Hottest stock in Dow Jones industrial average in 2008 • Growth in sales of over 30 billion • Growth in international stores not in U.S. (U.S. sales 6%) • China alone added 28 stores
Within 5 years expansion to 24 stores across Arkansas with $12.6 million in sales • By 1987 (25th year anniversary) – 1,198 stores with sales of $15.9 billion & 200,000 employers • 1990’s – toy sales surpassed Toys R Us
Started overseas stores in South America, Canada, Europe • 1994 Walmart Acquired 144 Wolcoo Stores across Canada
2002 first time on Fortune 500 list with revenues of $219.8 billion and profits of $6.7 billion • Has been on list every year
Diffusion • Christmas • coffee • family movie night • family movie night
Environmental Initiatives • 2005 Walmart announced it would implement several environmental measures to increase energy efficiency • $500 million a year to increase fuel efficiency in Wal-Mart’s truck fleet by 25% over 3 years and double it within 10, greenhouse gas emissions by 20% in 7 years, energy use at stores by 30%, and solid waste from U.S. stores and Sam’s Clubs by 25% in 3 years.
Environmental Initiatives • CEO Lee Scott said that Walmart's goal was to use only renewable energy sources and produce 0 waste. • The company also designed 3 new experimental stores in with wind turbines, photovoltaic solar panels, biofuel-capable boilers, water-cooled refrigerators, and xeriscape gardens
Environmental Initiatives • becoming the biggest seller of organic milk • biggest buyer of organic cotton in the world • reducing packaging and energy costs • Walmart also spent nearly a year working with outside consultants to discover the company's total environmental impact and find where they could improve
Environmental Initiatives • They discovered, for example, that by eliminating excess packaging on their toy line Kid Connection, they could not only save $2.4 million a year in shipping costs but also 3,800 trees and a million barrels of oil
Environmental Initiatives • Walmart has also recently created its own electric company - Texas Retail Energy - and plans to supply its stores with cheap power purchased at wholesale prices • the company expects to save $15 million annually and also lays the groundwork and infrastructure to sell electricity to Texas consumers in the future
Labour Initiatives • March 20, 2009, Walmart announced that it is paying a combined $933.6 million in bonuses to every full and part time hourly worker • An additional $788.8 million in profit sharing contributions • hundreds of millions of dollars in merchandise discounts and contributions to the employees' stock purchase plan is also included in this plan