FACTS ABOUT WALMART THAT WILL SURELY STUN YOU.

We’re all working together. That’s the secret says Walmart! Walmart Inc is an American multinational retail corporation that operates a chain of hypermarkets, discount department stores, and grocery stores. Let’s make it clear what makes Walmart stand out of the crowd.

1. If Walmart were a Country, It would be the 28th richest nation in the world:

Walmart is a publicly traded family-owned business, as the company is controlled by the Walton family. Sam Walton's heirs own over 50 percent of Walmart through both their holding company Walton Enterprises and their individual holdings. It is an American multinational retail corporation that operates a chain of hypermarkets, discount department stores, and grocery stores, headquartered in Bentonville, Arkansas.52,396.4 crores USD is the average revenue being generated in a year.

    2.Walmart has 2.2 million employees which is more than the                                 population of  Boston

Walmart employs more than 2.2 million associates around the world — nearly 1.5 million in the U.S. alone. More than 75% of our Walmart U.S. store operations management team members started as hourly employees, and Walmart store managers earn an average of $180,000 per year in the U.S. In FY2020, we promoted more than 200,000 people to jobs of greater responsibility and higher pay in Walmart U.S.

 

3.Walmart has ever not been successful in Germany 

Walmart’s status as an international retailer came about as early as the 1990s. They have generally found success when opening up more stores outside of the United States. For example, their operations in China, the United Kingdom, and across South America have proved to be some of the more profitable international expansions of any retail chain (not just Walmart). However, this huge firm does sometimes fail. For example, they closed down all of their stores in Germany when the chain failed to take off in this country (which also happens to have the biggest economy in all of Europe). Their failure can mostly be attributed to trying to impress American cultural values on Germans. 

4. They Have also had a Hand in the Video Streaming Market

The first time the firm attempted to enter the streaming market was with their Walmart Video Downloads service. This failed just a few months after its conception, mostly attributable to the timing of the program’s release. However, they eventually purchased Vudu in 2010 – re-entering the lucrative streaming market. Vudu is unique because it offers same-day, exclusive access to movie releases and other high-profile visual entertainment. They also use a pay-per-view model rather than a subscription model (which is perfect for those who don’t stream often or daily). In addition, Vudu offers thousands of free films – setting it apart from competitors such as Netflix and Amazon Prime. 

             5. They Promote Healthy Eating to a greater extent

 In 2011, the firm began working closely with Michelle Obama in order to introduce their new healthy eating initiative. They began doing so by pledging to reduce sugar, unhealthy fats, and sodium content in their prepackaged foods. In addition, they promised to cut prices on vegetables and fruits. 

“Each Wal-Mart store should reflect the values of its customers and support the vision they hold for their community.” “Keep everybody guessing as to what your next trick is going to be. Don't become too predictable.” “Ignore the conventional wisdom.”

                    Sam Walton (Founder of Walmart)