20 Facts About Wal-Mart That Will Absolutely Shock You
The following are 20 facts about Wal-Mart that will absolutely shock you….
- The average U.S. family now spends more than $4000 a year at Wal-Mart.
- In 2010, Wal-Mart had revenues of 421 billion dollars. That amount was greater than the GDP of 170 different countries including Norway, Venezuela and the United Arab Emirates.
- If Wal-Mart was a nation, it would have the 23rd largest GDP in the world.
- Wal-Mart now sells more groceries than anyone else in America does. In the United States today, one out of every four grocery dollars is spent at Wal-Mart.
- Amazingly, 100 million customers shop at Wal-Mart every single week.
- Wal-Mart has opened more than 1,100 “supercenters” since 2005 alone.
- Today, Wal-Mart has more than 2 million employees.
- If Wal-Mart was an army, it would be the second largest military on the planet behind China.
- Wal-Mart is the largest employer in 25 different U.S. states.
- According to the Economic Policy Institute, trade between Wal-Mart and China resulted in the loss of 133,000 manufacturing jobs in the United States between 2001 and 2006.
- The CEO of Wal-Mart makes more in a single hour than a full-time Wal-Mart associate makes in an entire year.
- Tens of thousands of Wal-Mart employees and their children are enrolled in Medicaid and are dependent on the government for healthcare.
- Between 2001 and 2007, the value of products that Wal-Mart imported from China grew from $9 billion to $27 billion.
- Sadly, about 85 percent of all the products sold at Wal-Mart are made outside of the United States.
- It is being reported that about 80 percent of all Wal-Mart suppliers are in China at this point.
- Amazingly, 96 percent of all Americans now live within 20 miles of a Wal-Mart.
- The number of “independent retailers” in the United States declined by 60,000 between 1992 and 2007.
- According to the Center for Responsive Politics, Wal-Mart spent 7.8 million dollars on political lobbying during 2011. That number does not even include campaign contributions.
- Today, Wal-Mart has five times the sales of the second largest U.S. retailer (Costco).
- The combined net worth of six members of the Walton family is roughly equal to the combined net worth of the poorest 30 percent of all Americans.