scorecard9 facts that demonstrate the enormity of Walmart's scale
BUSINESS
TECH
MARKETS
REVIEWS
AI
VIDEOS
  1. Home
  2. slideshows
  3. miscellaneous
  4. 9 facts that demonstrate the enormity of Walmart's scale

9 facts that demonstrate the enormity of Walmart's scale

This previous year, Walmart raked in $514.4 billion in total revenue. That's more than the GDP of countries like Belgium, Thailand, and Israel.

9 facts that demonstrate the enormity of Walmart's scale

And all that revenue has meant a major payoff for the company's founding family. Forbes estimated that the Waltons were collectively worth over $155 billion as of March — that puts them just behind Amazon founder Jeff Bezos.

And all that revenue has meant a major payoff for the company

Walmart currently employs around 2.2 million associates across the globe. According to US Census data from 2017, more people work at Walmart than live in Phoenix, Arizona.

Walmart currently employs around 2.2 million associates across the globe. According to US Census data from 2017, more people work at Walmart than live in Phoenix, Arizona.

The Washington Post found that the average Walmart associate "earns less in a year than the Walton family earns in a minute just from dividends paid on the family’s stock holdings" — a fact which Sen. Bernie Sanders has blasted as indicative of rampant income inequality.

The Washington Post found that the average Walmart associate "earns less in a year than the Walton family earns in a minute just from dividends paid on the family’s stock holdings" — a fact which Sen. Bernie Sanders has blasted as indicative of rampant income inequality.

On the technology front, Walmart just announced its intention to unleash an army of robots into is US stores, including 1,500 floor cleaners, 300 shelf-scanners, 1,200 conveyor belts, and 900 pickup towers.

On the technology front, Walmart just announced its intention to unleash an army of robots into is US stores, including 1,500 floor cleaners, 300 shelf-scanners, 1,200 conveyor belts, and 900 pickup towers.

And the company has also made inroads with digital-native brands. Walmart's acquired 12 different online brands since 2010, from clothing retailer ModCloth to Amazon rival Jet.com.

And the company has also made inroads with digital-native brands. Walmart

Walmart also commands a powerful global presence. The company currently boasts over 11,300 retail units ...

Walmart also commands a powerful global presence. The company currently boasts over 11,300 retail units ...

... operating under 58 banners around the planet.

... operating under 58 banners around the planet.

Altogether, Walmart has established itself in 27 countries across the globe.

Altogether, Walmart has established itself in 27 countries across the globe.

Source: Walmart

BI Home Icon

Next Story

The creator of 'Fortnite' is trying to shake up the PC gaming industry - here…

Popular Right Now

Popular Keywords

Buying Guides

Advertisement