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The Weight of Walmart

THE WEIGHT OF WALMART Walmart is more than Earth's largest retailer. The finances, footprint, and personnel of this behemoth dwarfs entire industries and countries. Walmart's epic 400+ billion annual revenues eclipse the GDPS of more than 170 countries, and its 2,100,000 employees would form the second largest standing army on the planet. LEARN ABOUT HOW WALMART IS FAR MORE MASSIVE THAN MOST REALIZE: 1. REVENUE Walmart's 2010 revenues were bigger than the revenues of America's largest oil company, largest manufacturer, and largest pharmaceutical company. WALMART'S 2010 REVENUES $421 BILLION EXXON MOBIL $354.6 BILLION CHEVRON $196.3 BILLION GENERAL ELECTRIC PFIZER $151.6 BILLION $67.8 BILLION (Even when combined, the revenues of Chevron, General Electric, and Pfizer still total less than Walmart's) If revenue were Walmart's national GDP it would be the 25TH LARGEST ECONOMY IN THE WORLD. WALMART'S "GDP" 2X IRELAND'S 5X IRAQ'S 21X BOLIVIA'S ($421 BILLION) ($206 BILLION) ($81 BILLION) ($19.8 BILLION) 2. COMPETITION WALMART IS EARTH'S LARGEST RETAILER, with 5x the sales of the second largest U.S. retailer Costco, and 10x the sales of the largest online retailer Amazon. SALES 10X AMAZON 5X COSTCO WALMART Not stopping there, Walmart is also the largest grocer in the United States, with $129 BILLION IN GROCERY SALES ALONE. WALMART 1.5X 58X GROCERY SALES KROGER'S SAFEWAY'S WHOLE FOOD'S 3. GEOGRAPHY Lined up side by side, Walmart's warehouses would COVER ALL OF MANHATTAN'S 880 MILLION SQUARE FEET. MANHATTAN 5 MILES 20 MILES 60% of the U.S. population lives within 5 miles of a Walmart. 96% LIVES WITHIN 20 MILES OF ONE. 4. MANPOWER WALMART'S 2,100,000 EMPLOYEES WOULD FORM THE 2ND LARGEST ACTIVE MILITARY IN THE WORLD, equaling the combined armies of North Korea (1.1 million) and Russia (1 million). NORTH KOREA'S ARMY 1,100,000 PEOPLE WALMART EMPLOYEES 2,100,000 PEOPLE RUSSIA'S ARMY 1,000,000 PEOPLE THE UNITED STATES MILITARY 1,460,000 PEOPLE (This also makes Walmart's military bigger than the U.S. Armed Forces) Walmart's 8,000 delivery drivers burn 118 MILLION GALLONS OF FUEL EACH YEAR. BP GULF SPILL EXXON VALDEZ ALASKA SPILL WALMART OIL CONSUMPTION Spilled, Walmart's oil slick would cover an area OVER ½ THE SIZE OF BP'S GULF DISASTER, and OVER 4X THE SIZE OF THE EXXON VALDEZ IN ALASKA. 5. TRADE Walmart is the largest U.S. importer of Chinese goods. MADE IN CHINA (15% OF ALL U.S. CHINESE IMPORTS ARE WALMART'S) Walmart imports as many Chinese goods as Germany, and more than Taiwan & Russia combined. WALMART GERMANY TAIWAN RUSSIA $32.5 BILLION $32.5 BILLION $16.6 BILLION $13.2 BILLION 6. WELFARE If Walmart were a national economy, they would rank 1st in the world for income inequality: CEO ED SMITH MAKES MORE IN AN HOUR THAN HIS SALES ASSOCIATE WILL IN A YEAR. 2011° HANUARY FEBRUARY MARCH APRIL MAY AUGUST SEPTEMBER ACTOBER HOVEMBER DECEMBER FULL-TIME ASSOCIATE CEO $13,650/ YEAR $16,827/ HOUR (THAT MEANS $6.50 / HOUR) (THAT MEANS $35 MILLION / YEAR) The Waltons are the 2nd wealthiest family on Earth; yet, 20 BILLIONAIRES DONATE MORE THAN THEIR PALTRY 2% CONTRIBUTION. THE WALTONS 2% (Yes, the blue dot) WARREN BUFFET 81% BILL & MELINDA GATES 48% GEORGE SOROS 63% (If the Waltons gave 48% the NATIONAL INSTITUTES OF HEALTH COULD DOUBLE FUNDING FOR Walmart's shadow AMERICAN MEDICAL RESEARCH) stretches far beyond the groceries, drugstores and wholesalers that lay in its waste. Able to stomp national economies, it's a heavyweight in global trade. Black Friday 2011 reminds us again: only Walmart can afford to cut deals Americans will trample, shoot and pepper spray to win. END Brought to you by FRUGAL DAD Sources: http://money.cnn.com/magazines/fortune/fortune500/2011/full_list/index.html http://www.thekrogerco.com/ http://en.wikipedia.org/wiki/Safeway_Inc. http://www.bizjournals.com/austin/stories/2010/08/02/daily22.html http://places.designobserver.com/feature/walmart-logistics/13598/ http://en.wikipedia.org/wiki/List_of_countries_by_number_of_troops http://www.huffingtonpost.com/2010/02/08/super-bowl-2010-ratings-m_n_453503.html http://en.wikipedia.org/wiki/Educational_attainment_in_the_United_States http://www.crosswalk.com/news/religion-today/fewer-americans-than-thought-going-to-church-says-study-1396537.html http://www.msnbc.msn.com/id/19810648/ns/business-going_green/t/wal-mart-track-cut-truck-fuel-use/#.Tsw5TrKrEY4 http://www.popularmechanics.com/science/energy/coal-oil-gas/bp-oil-spill-statistics http://en.wikipedia.org/wiki/Exxon_Valdez_oil_spill http://www.emergingmarketsoutlook.com/?p=1490 http://daniel-workman.suite101.com/chinas-top-trading-partners-a3413 http://abcnews.go.com/Business/walmart-ceo-pay-hour-workers-year/story?id=11067470#.TsCuca4fCPU http://www.businessweek.com/interactive_reports/philanthropy_individual_2008.html http://blogs.poz.com/peter/archives/2009/02/aids_research_g.html

The Weight of Walmart

shared by gvoakes on Dec 01
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Frugal Dad

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