Wal-Mart Stores, Inc. (NYSE: WMT) is the world's largest retailer and grocery chain by sales. Wal-Mart is so large that its 2010 sales were almost 50% more than its 5 closest competitors combined, including Target (TGT) and Sears Holdings (SHLD). Because of its mammoth size and buying power, Wal-Mart can buy its products at rock-bottom prices, exchanging high purchase volumes for low cost while passing the savings onto its customers. Many suppliers give in to Wal-Mart's pressure because they depend on the discount retailer for a majority of their sales. Walmart serves customers and members more than 200 million times per week at more than 8,576 retail units under 55 different banners in 15 countries. With fiscal year 2010 sales of $405 billion, Walmart employs more than 2.1 million associates worldwide.
Current Stock Price
$ 51.97
Subsidiaries
Wal-Mart Stores East, LP
Wal-Mart Property Company
Wal-Mart Real Estate Business Trust
ASDA Group Limited
Top Competitors
COST COSTCO WHSL CORP NEW
TGT TARGET CORP
Officers
Walton, S. Robson
Duke, Michael
Castro-Wright, Eduardo
Schoewe, Thomas
Scott, H. Lee
Solorzano, Eduardo
Clarke, Andy
Ford, Rollin
McMillon, C. Douglas
Chambers, Susan
Dach, Leslie
Cornell, Brian
Kolodzieski, Edward
Simon, William
Whaley, Steven
Gearhart, Jeffrey
Breyer, James
Burns, M. Michele
Williams, Christopher
Daft, Douglas
Walton, Jim
Wolf, Linda
Alvarez, Aida
Cash, James
Corbett, Roger
Penner, Gregory
Sorenson, Arne
Copy of Latest Financial Statements
See Appendix
Latest news
Walmart awards Ozarks food bank $100,000
Gilmer Walmart reopens after remodeling
Police say minivan is car jacked from Wal-Mart parking lot
Last two press releases
Over 25,000 Letters Sent To City Councils of New York, Chicago and Los Angeles
Wal-Mart operates international locations of its Wal-Mart and Sam's Club stores as well as other retail and supermarkets in Central and South America, Mexico, Canada, Japan, China, and the United Kingdom. Wal-Mart operated 3,121 international locations in 2010, an increase of 991 stores compared to 2009. Altogether, the international business generated $100 billion in revenue in 2010, a 1.3% increase from 2009 sales. Many suppliers give in to Wal-Mart's pressure because they depend on the discount retailer for a majority of their sales. Walmart serves customers and members more than 200 million times per week at more than 8,576 retail units under 55 different banners in 15 countries.
Wal-Mart's 2010 net sales were $405 billion, a 1% increase from sales in 2009. The company attributed its increase in revenues to global store expansions and strong sales in international markets. For the year, international sales were slightly more than $100 billion, an increase of 1.3% from the prior year; U.S. sales only increased by 1% for the year.
Appendix
Wal-Mart Stores, Inc. (NYS: WMT)
Exchange rate used is that of the Year End reported date