How Big is Walmart?

[Tams 20]

How Big is Walmart?

 

 

This should boggle your mind!! And Probably scare you as well!

 

1. At Wal-Mart, Americans spend $36,000,000 every hour of every day.

 

2. This works out to $20,928 profit every minute!

 

3.. Wal-Mart will sell more from January 1 to St. Patrick's Day (March

17th) than Target sells all year.

 

4. Wal-Mart is bigger than Home Depot + Kroger + Target + Sears +

Costco + K-Mart combined.

 

5. Wal-Mart employs 1.6 million people and is the largest private

Employer. And most can't speak English.

 

6. Wal-Mart is the largest company in the history of the World.

 

7. Wal-Mart now sells more food than Kroger & Safeway combined,

Keeping in mind they did this in only 15 years.

 

8. During this same period, 31 Supermarket chains sought bankruptcy

(including Winn-Dixie).

 

9. Wal-Mart now sells more food than any other store in the world.

 

10. Wal-Mart has approx 3,900 stores in the USA of which 1,906 are

Super Centers ; this is 1,000 more than it had 5 years ago.

 

11. This year, 7.2 billion different purchasing experiences will occur

At a Wal-Mart store. (Earth's population is approximately 6.5

Billion.)

 

12. 90% of all Americans live within 15 miles of a Wal-Mart.

 

13. The value of product for Wal-Mart passing through the port of San Diego each year is a larger sum than 93% of ALL countries Gross

National Product (GNP) ....and that is only ONE port ...one way that

Wal-Mart gets it's stuff.

 

14. Of the 1.6 million employees, only 1.2% make a living above the

Poverty level.

 

15. Wal-Mart's head office is located and centralized in Bentonville.

Due to this fact, there are more millionaires per square mile there

Than any place on Earth.

 

16. The official U.S. Government position is that Wal-Mart's prices

Are no lower than anyone else's when compared to a typical families

Weekly purchases. That's the view of the statisticians at the Bureau

Of Labor Statistics (BLS) responsible for calculating the consumer

Price index (CPI).

 

17. 92% of everything Wal-Mart sells, comes from China . Another 4% Comes from Chinese owned companies in the U.S. Or in 3rd world

Countries.

 

18. Wal-Mart and MOST large companies, take out life insurance on it's Employees, without their knowing. If an employee dies, ALL the

Insurance moneys go to the companies. I.e. An employee making $18,000 per year, dies, and the company might make as much as $1 million. Most often these moneys, coming from what is commonly referred to as "Dead Peasant Life Insurance Policies", is paid out to executives as Bonuses. (A common practice, unknown by the common man)

 

19. Wal-Mart now averages a "profit" (not sales) of $36 billion per year.

 

 

 

 

 

note:

chain email sent to me by a friend.

facts not verified.

Edited March 4, 2011 by Tams

[Mysticforex 13]

2010 Walmart annual Report.

WMT_2010AR_FINAL.pdf

[stopnlimit 10]

How Big is Walmart?

 

18. Wal-Mart and MOST large companies, take out life insurance on it's Employees, without their knowing. If an employee dies, ALL the

Insurance moneys go to the companies. I.e. An employee making $18,000 per year, dies, and the company might make as much as $1 million. Most often these moneys, coming from what is commonly referred to as "Dead Peasant Life Insurance Policies", is paid out to executives as Bonuses. (A common practice, unknown by the common man)

 

^ Does anybody have any more information on that? I've never heard of this but if it's true that's fascinating.

[pbylina 10]

New Super Walmart being built here. They must be doing good...

[GoldStandard 10]

I'm guessing the reason for this is because life insurance benefits are not taxed. It wouldn't make sense otherwise, since no life insurance company is going to sell policies at an overall loss. But if the money saved on taxes is more than the marginal cost of buying the insurance (the overall cost of premiums minus the overall benefits received) it would be a net win for both WalMart and the insurance company.

 

 

How Big is Walmart?

 

18. Wal-Mart and MOST large companies, take out life insurance on it's Employees, without their knowing. If an employee dies, ALL the

Insurance moneys go to the companies. I.e. An employee making $18,000 per year, dies, and the company might make as much as $1 million. Most often these moneys, coming from what is commonly referred to as "Dead Peasant Life Insurance Policies", is paid out to executives as Bonuses. (A common practice, unknown by the common man)

 

^ Does anybody have any more information on that? I've never heard of this but if it's true that's fascinating.