One
of best American Multinational retail Corporation, Wal-Mart stores is running a
long chain of department stores and warehouses. This company was founded in
1962 by Sam Walton and in incorporated on 1969. It started trading publicly in
1972 from the New York Stock Exchange. The
main headquarter of this company are situated in United States. In North
America, Wal-Mart is also operating the Sam’s Club retail warehouses. In the
late 1990s, this company rose from a regional to national giant due to its
incredible services. In 1998, it becomes one of leading and profitable retailer
in the US as well as Largest in terms of revenue.
According
to the list of Fortune Global 500, this company is World’s largest public
corporation. This company is basically
controlled by the Wal-Mart family members and also comes in the category of
most valuable Companies of all over the world. According to the Wal-Mart Stores, Inc Stock news
of 2009, it generated US$258 billion sales in the United States in grocery
business. There are 11,000 stores of Wal-Mart with 55 different names in 27 countries.
This company is offering its services to 50 states including Mexico, India,
Brazil, Canada, Argentina, United Kingdom China, South America etc. But
operating system in the United Kingdom and China are most successful.
Wal-Mart Stores, Inc. stock price
today lies at $79.12 USD with the change of $-0.58 but
its success can be observed from its past achievements. This company is
providing its best services by competing different main stores of different
states. Founder of this company believed that Wal-Mart is one of beneficial
contribution to the society.
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