Wal-Mart- Globalisation

When walmart set up?
1962
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How many stores does Walmart have?
8000
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How many people work for WalMart?
2.3 million
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Where was the company set up?
Arkansas, USA
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Who is WalMart partnering with to expand into India with?
Bharti Enterprises
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What's a social benefit of Walmart for USA customers?
Most are open 24 hours a day, with a wide range of goods under one roof
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What happened in California in 2004?
The state had to pay $86 million to support employees as they were poorly paid.
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What happened in 2005?
They had to pay $172 million in compensation because employees had been denied meal breaks
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For every 100 jobs created at a new WalMart how many are lost in local shops?
50 over the next 5 years
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Negative environmental impact on USA?
Uses greenfield sites also increases congestion and pollution as people drive to the stores
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Vineland, USA was an example of a store built, it created 700 jobs. But when was it opened?
2009
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How many people does WalMart employ in Mexico?
209,000
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WalMart are critisised alot for using products from NICs more than local products. In Canada how many suppliers do they work with?
6000 making $8 billion of business
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Why can't smaller shops compete in both the USA and host countries?
They cannot compete on the low prices or the product range.
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Where is the largest WalMart store?
Hawaii- 29,000m squared
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What happened at Beximco in Bangladesh? One of the clothing suppliers.
The maximum legal working week is 60 hours a week. People were regularly working 80+ hours a week.
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WalMart donate millions to charity. What local project did they support in Argentina?
In 2009 it supported 29 soup kitchens and helped 12,000 people across the country.
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Is WalMart the largest retail TNC?
Yes, its 4x bigger than the following retail firm.
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How much is WalMart investing in higher wages, education and training over the next 2 years.
$2.7 billion
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Other cards in this set

Card 2

Front

How many stores does Walmart have?

Back

8000

Card 3

Front

How many people work for WalMart?

Back

Preview of the front of card 3

Card 4

Front

Where was the company set up?

Back

Preview of the front of card 4

Card 5

Front

Who is WalMart partnering with to expand into India with?

Back

Preview of the front of card 5
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