Walmart’s a giant in the retail world; that’s a fact most people in North America are well aware of.
But do you really know the numbers behind Walmart’s operations? I bet most people don’t.
We all know how big Walmart is but do we really know the numbers behind Walmart’s operations. I bet most of us don’t. Guy Kawasaki has an interesting post on his blog under the Holy Kaw section. I follow him on Twitter and he comes up with some interesting stuff.
Did you know that…
- • 100 million customers shop at Walmart each week
- • 2009 Sales $405 Billion
- • If Walmart were a country it would have the 19th largest economy in the world. (Some would disagree here on how the number is calculated)
- • 90% of all Americans live within 15 miles of a Walmart
- • Walmart sells coffins
- • Walmart CEO makes 924 times what his average employee makes
- • 80 % of all Walmart Suppliers are in China
- • 10 % of China’s exports to the USA go to Walmart
- • Walmart imports $30 billion of goods from China annually
I can’t attest to the accuracy of the numbers but I am sure they have been culled from Walmart’s public information and Guy wouldn’t post them if he wasn’t sure he was protected from Walmart’s lawyers.
There are more interesting facts at this web site…. another take on Walmart obviously with an agenda….
There is a lot of Walmart bashing out there. Since I don’t shop at Walmart I find the import/export statistics the most interesting. Is it any wonder North American manufacturing has been gutted? The bigger issue however is that in North America we have completely forgotten what quality is. We wouldn’t know quality if it hit us in the face, and that is a very sad by-product of our quest for the lowest price and our drive to outsource our manufacturing. Walmart is not the only retailer to blame here.