Walmart Save Money. Live BetterAlways Low Prices

2,100,000 Employees Head quaters – Bentonville, Arkansas, Usa History

Revenue – 421,849,000,000 (  3 % from 2009) Profits - $16,389,000,000 (  14% from 2009) Assets - $180,663,000,000 Stockholder ’ s Equity - $4.47 per share

Fortune 500 General Merchandisers Walmart #1 over $421 billion Target #33 $67,390,000,000 Sears Holding #57 $43,326,000,000 Macy ’ s#107 Kohl’s #144 J.C. Penney #146

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

Operates stores in Argentina, Brazil, Canada, Chile, China, Costa Rica, El Salvador, Guatemala, Honduras, India, Japan, Mexico, Nicaragua, Puerto Rico, UK, Pakistan and US

Has over 8,500 stores in 15 countries under 55 different names Walmex – Mexico ASDA – UK Seiyu – Japan Best Price – India Not successful in Germany and South Korea

Has over 8,500 stores in 15 countries under 55 different names Walmex – Mexico ASDA – UK Seiyu – Japan Best Price – India Not successful in Germany and South Korea

Started by Sam Walton in 1962 – Walton ’ s Five and Dime

Within 5 years expansion to 24 stores across Arkansas with $12.6 million in sales By 1987 (25 th 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

Criticisms 2005 – High Cost of Low Prices released Workers – low pay – long hours Part time don’t qualify for benefits Gender and race discrimination Treatment of workers in overseas factories

Criticisms Don’t allow workers to unionize Locate in small towns and rural areas – small business can’t compete  disappear 80% of items in stores from China (and other periphery countries)  loss of manufacturing jobs Environmental issues

Diffusion Christmas coffee 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