2: Walmart 1 Flashcards
Aim 1:
“To be the best retailer in the hearts and minds of consumers and employees”
Aim 2:
“Saving people money so they can live better”
As of … Walmart had:
November 2015, a total of 11,589 stores in 28 countries
… employees:
2,100,000
… customers visit Walmart:
100 million customers visit Walmart every week.
Role 1:
To maintain low prices of goods and services for maximum profit.
Walmart has … power:
Economic
Political
In … Walmart generated:
2015, generated 59.8% of its $288 billion in grocery sales.
Washington Post:
“Walmart’s discounting on food alone boosts the welfare of American shoppers by at least $50 billion per year”
Newspaper Columnist George Will:
Named Walmart the “most prodigious job-creator in the history of the private sector “
Walmart creates … jobs for every …
100 jobs for every 50 its destroys
Will (2):
“Walmart saves shoppers more than $235 billion a year, dwarfing government dwarf stamps”