Opentopia Directory Encyclopedia Tools

Wal-Mart statistics

Encyclopedia : W : WA : WAL : Wal-Mart statistics



 

This article discusses Wal-Mart statistics.

Retail operations

Wal-Mart operates 5 major retail formats under 3 retail divisions:

In the United Kingdom, the Wal-Mart name is only used as part of the main retail name (in conjunction with the ASDA brand) for the ultra large hypermarket format. In addition to the standard ASDA stores, the company also runs the high street George clothes store brand.

Store counts and revenue

Store Counts (as of June 1, 2006) & Revenue (for FYE January 31, 2006):

Wal-Mart sold its stores in South Korea to Shinsegae in late-May 2006.

Wal-Mart's international operations are large, but by no means as successful as its U.S. business. It has exited several countries after failing to find a profitable strategy and continues to struggle is some of its other markets. ASDA in the United Kingdom is by far the largest of the international businesses by sales, but as of 2006 it is missing profit targets and losing market share. In Germany, after eight years in the market, Wal-Mart's yearly revenue is still less than one-tenth of the leading retailer, EDEKA. The presence of unions, the difficulty of obtaining building permits and high competition are some possible reasons for this lack of success. With Aldi and Lidl there are also two established discounters in the market that drive the same price policy as Wal-Mart.

 


From Wikipedia, the Free Encyclopedia. Original article here. Support Wikipedia by contributing or donating.
All text is available under the terms of the GNU Free Documentation License See Wikipedia Copyrights for details.


Search Titles
0123456789
ABCDEFGHIJ
KLMNOPQRST
UVWXYZ?

E-mail this article to:

Personal Message: