- May 23, 2012
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This help?
1. At Wal-Mart, Americans spend $36,000,000 every hour of every day.
2. This works out to $20,928 profit every minute! 5.8133333% margin
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, and keep 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 transactions 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.
PC, walmart is successful, no doubt. And they are successful no doubt at least partly because of their employees. So why can't they pay a living wage?
1. "...walmart is successful, no doubt."
OMG…you are correct!
That’s an event that usually accompanies a parting sea or a stone tablet!!!
2. "So why can't they pay a living wage?"
Ahhh....I knew you couldn't get two in a row right.
They do pay a 'living wage'....Wal-Mart has so determined.
So...now back to your crib.
Walmart has so determined you say, but their employees qualify for food stamps and medicare, so how are they paying a living wage if their employees are subsidized by the taxpayer? That includes you, PC. The heirs of that walmart are worth over a hundred billion so c'mon, it would probably take a couple hundred years or more to spend that amount if they spent a million dollars a day, figuring off the top of my head, and they can't pay enough where employees don't have to go the food stamp routine? And if the employees made more, they'd spend more on necessities, considering even with a pay raise they'd still be at subsistence level. Like spending money on stuff at walmart, not ski trips in switzerland or anything.
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