Free Wal Mart-grocery


by Pownraj - Date: 2010-08-18 - Word Count: 506 Share This!

Wal mart is a super mall located in Arkansas in the United States of America. It is engaged in the retail business. The head quarters of Wal mart is in Bentonville in Arkansas, USA. It was founded in the year 1961. But the company was incorporated only during the year 1969. Mr. Sam Walton is the one who founded wal mart. The company's growth was accelerating right from the start. Within just 5 years the company opened 24 additional stores in the region. The company has changed its logo in the 2009. But still the old logo is used in few stores across the world. Mike Duke is the current CEO of Wal Mart. It has branches in almost all parts of the world. Wal Mart is a world famous retailing business. In fact Wal Mart is the world's largest public corporation.

The revenue of Wal Mart in the year 2009 was more than 408 billion USD. It has about 2,100,000 employees in total. It has department stores, discount stores and also warehouse stores which requires membership. It trades in the New York Stock Exchange. It is also the largest retailer of grocery in the US. It has its branch Japan which is called Seivu and a branch in India called best price. It has branches in Argentina, Brazil and Canada which are fully owned by Wal Mart. But the investments made outside of their home town have given mixed results. The businesses in China, South America and the United Kingdom were very successful but the businesses South Korea and Germany incurred huge losses that they were forced to leave the markets there.

The company celebrated its 25th anniversary in the year 1987. It grew at a rapid pace all the time. It expanded its business to Europe too. And it has reaped big profits from Europe especially from the UK. In the South American countries also it expanded its business and saw profits. From there are it never looked back. Wal Mart became a world phenomenon. It started overtaking its rivals and grew to be the undisputed leader in its industry. And recently the company linked its stores in all around the world with a satellite technology with its head office in Arkansas. Now the stores in various countries can be operated from its head office. The company is run by the Walton family from its inception till now.

Wal mart dominates the grocery business where ever it goes. Since it is a super mall almost all kinds of products are available here. In the grocery area also huge varieties are available. Fresh grocery and also preserved and canned grocery is available. It imports grocery from few countries too. Wal Mart has developed into a multi million businesses. It started as a small retail store. Sam Walton's long term vision has reaped success. He has proved that hard work and vision can lead to big success. The details about the operations, prices and products of the Wal Mart store is provide it their official site "WalMart.com".

Related Tags: free walmart groceries, reduce grocery bill

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