Walmart is one of the biggest retail giants across the globe. Let’s take a look at 11 facts that are going to make your jaw drop:
- Walmart’s revenue for 2018 fiscal year was $500,000,000,000 which is more than the GDP of Ireland and Austria
- If Walmart was a country, it would be the 42nd largest economy in the world.
- Walmart has over 11,000 stores and subsidiaries in 27 different countries that includes 600 Asda locations in United Kingdom and 300 Seiyu supermarkets in Japan.
- Walmart employs a total of 2.2 Million employees around the world with 1.5 Million of them in the US.
- Average manager salary who oversees about 300 employees at Walmart amounts to $170,000 a year.
- CEO of Walmart, Doug MacMillon worked a summer job at Walmart unloading trucks!
- MacMillon made 1,188 times more money than an average Walmart worker amounting up to $22.8 Million.
- Heirs to the Walmart empire, The Walton family is worth $150,000,000,000.
- Walmart’s top selling products include HDTVs and Mainstays pillows.
- Instant pot was the top selling item in Arkansas.
- Guess what!!!! Walmart is going to employ Artificial Intelligence loaded robots, that are built to collect data while scrubbing floors.
Walmart is among the fastest growing retail chain with every flavour of innovation and technology to cater to its customers and also to its employees. Like they say, if you want to keep your customers happy, keep your employees happy and they’ll take care of your customers.