Wal-Mart Stores, Inc., from the United States, is the world's largest company (calculated in terms of turnover) and a global chain enterprise. Walmart is mainly involved in the retail industry. According to Wal-Mart's financial report, in the company's fiscal year ending January 31, 2005, total revenue was US$285.2 billion, net profit was US$10.3 billion, and the profit margin was 3.6. If Wal-Mart were considered a country, its revenue would be ranked 32nd in the world, between Ukraine and Colombia. Wal-Mart is also the company with the largest number of employees in the world, with approximately 1.7 million employees worldwide. It is also the company with the largest number of employees in the United States, Canada, and Mexico. It accounts for 8.9% of total retail revenue in the U.S. retail industry. Walmart has ranked among the top 500 global companies in the U.S. Fortune magazine for three consecutive years. In 2005, five of the survivors were also famous on Forbes magazine's list of the world's richest people, ranked 10th to 13th; the eldest son S. Robson Walton was 10th, and the second son John Walton (June 27, 2005 He died in a crash while testing a homemade ultralight aircraft) and his third son, Jim Walton, tied for 11th place. His daughter Alice Walton and the founder’s widow, Helen Walton, ranked 13th. They are the richest family in the world. Forbes also listed founder Sam Walton among the "20 Most Influential Entrepreneurs in History" and praised him for perfecting the retail industry and admiring information technology and logistics supply chains. The magazine also wrote : If Sam Walton were still alive, his wealth would far exceed that of William Gates III, the current wealthiest Microsoft chairman. Wal-Mart mainly has four forms: Wal-Mart shopping malls, Sam's Club stores, Wal-Mart stores, and Wal-Mart community stores. History: In 1962, the first Wal-Mart store was opened in Rogers, Arkansas, USA. 1969 Wal-Mart Stores Co., Ltd. was established on October 31, 1969. Listed on the New York Stock Exchange in 1972. In 1983, the first Sam's Club opened in Midwest City, Oklahoma. In 1987, the world's largest private satellite communications system was established in the United States. In 1988, the first supermarket was opened in Washington, Missouri, USA. In 1990, Wal-Mart became the largest retail company in the United States. On April 5, 1992, Wal-Mart founder Sam Walton passed away. In 1993, Wal-Mart International was established, and Bobby Martin became president and CEO of the international department. In 1991, the first store outside the United States was opened in Mexico. In 1994, Wal-Mart purchased 122 stores in Canada's Woolco chain. 1996 Wal-Mart opened its first store in Shenzhen, China in 1996 through the establishment of a joint venture. In 1997, Wal-Mart replaced Woolworth as a stock on the Dow Jones Industrial Average. In 1997, Wal-Mart became the largest privately held company in the United States, with 680,000 employees worldwide. In 1997, Wal-Mart's sales exceeded US$100 billion for the first time. In 1998, Wal-Mart acquired 21 Wertkauf stores and entered Germany. In 1999, Wal-Mart had 1.14 million employees, making it the world's largest privately held company. Acquired the ASDA Group of Companies (229 stores) and entered the UK. In 2002, Wal-Mart became the world's largest company (turnover). In 2003, Wal-Mart set a single-day sales record on Black Friday of $1.52 billion. In 2004, Wal-Mart acquired the Amigo store chain in Puerto Rico for $17 million. Since its founder, American retail legend Sam Walton, opened its first store in Rogers, Arkansas, Wal-Mart has grown into the largest retail giant in the world.
Statistics: Wal-Mart has opened more than 5,000 shopping malls or membership stores in nine countries including the United States, Mexico, Canada, Germany and China. Walmart Statistics Number of Walmart Discount Stores in the United States 1,353 Walmart Supercenters 1,713 Sam’s Club 552 Walmart Neighborhood Stores 85 Total: 3,703 Number outside the United States Mexico 697 Puerto Rico 54 Canada 262 Argentina 11 Brazil 149 China 48 South Korea 16 Germany 91 UK 283 Total: 1,611 Number of employees in the United States More than 1.26 million International department more than 400,000 Total: 1.7 million distribution centers 110 Walmart in China Currently in Shenzhen, Dongguan, Shantou, Kunming, Fuzhou, Xiamen, Wuhan, Changsha, Mainland China 48 stores (43 shopping malls, 3 membership stores, and 2 community stores) have been opened in large and medium-sized cities such as Nanchang, Dalian, Shenyang, Changchun, Harbin, Jinan, Qingdao, Nanjing, Tianjin, Taiyuan, Chongqing, and Shanghai. February 27, 2007 - Wal-Mart Stores Inc. today announced an agreement to purchase a 35% stake in Bounteous Company Ltd. (BCL), a leading retailer that operates Trust-Mart supermarkets in China with 101 stores in 34 cities. A good home and many shopping malls. Michael Duke, Vice Chairman of Wal-Mart Stores Co., Ltd., said: “Through our investment in Trust-Mart, we have the opportunity to expand our business in China, one of the fastest growing retail markets in the world. This is our opportunity to increase our retail footprint in China. This is an important step in the scale of our business, so that we can better do what we are good at, which is to provide customers with continuously improved services, high-quality, innovative products, and affordable prices every day,” said Yu Yuejiang, Chairman of Trust-Mart. We benefit from Walmart’s experience in logistics and operations. This cooperation will bring Trust-Mart’s customer service to a new level. At the same time, it will also provide new opportunities for our suppliers to develop in China and potentially enter Walmart’s global supply network. Opportunities.” Trust-Mart currently has more than 31,000 employees and will continue to operate under the Trust-Mart name, and both companies will also continue to expand new stores. Subject to certain conditions, Walmart will become the controlling shareholder in the future.