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Wal-Mart stores are bigger than any competitors. It has more than 4,000 stores in the United States and nine other countries. It has more than one million employees. It is the largest private employer in America.
Wal-Mart claims that its sales last year were close to $2 trillion. What about profits? The company claims that its revenue last year was $9 billion.
Sam walton recognizes the impact of low prices. Before he started to run Wal-Mart, he had 15 stores in Arkansas, Missouri and Oklahoma.
1962, sam walton opened the first Wal-Mart store. He began to use computers to control logistics. He reduced the price, but it was considered impossible.
By 1985, sam walton was the richest man in the United States. In order to expand his business, he opened a member store in Sam. He opened more Wal-Mart stores.
Wal-Mart is a department store with everything. Wal-Mart is bigger. They have special food stores. Other grocery stores and unions are worried.
In order to keep labor costs low, Wal-Mart tried to prevent employees from joining trade unions. The company faces legal proceedings for employment behavior.
In June 5438+last year 10, the Federal Immigration Service raided 60 Wal-Mart stores. They arrested more than 200 night cleaners, who are illegal immigrants. Wal-Mart pointed out that they were employed by an independent company. Wal-Mart is far from being a labor issue.
Just recently, the Los Angeles City Council began to consider banning large stores, such as Wal-Mart Shopping Plaza. Some critics say that Wal-Mart destroyed small businesses and replaced them with low-paying jobs. Wal-Mart denied it. The commentary also mentioned that citizens save money to use it for other purposes.
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