What is Walmart?

Question

Im from Australia and were getting a Wal-Mart

What is it?

Answer 1

a big store that has everything.

http://www.walmart.com/

*hope i helped =]

Answer 2

its a big superstore with food, clothes, pet stuff etc. in it.Look through the website if you want

http://www.walmart.com/

Answer 3

Walmart sells everything that goes in your house. Toys, food, bikes, lamps, beds, pretty much anything

Answer 4

its a giant store that has everything

from condoms to blue ray dvd players

lol

they have books interesting shirts b-day cards

seriously they have almost everthing

Answer 5

cheap supermarket in USA

please help my friend:

http://answers.yahoo.com/question/index;...

^ parents: would you let a 14 year old daughter date a 17 year old?

Answer 6

A "one-stop" store where they sell everything from tires to clothing to food to picture frames to motor oil to fish tanks.

Answer 7

Wal-Mart is currently the world's largest retailer.  They are a chain of large discount stores.  In the United States they are the largest grocery retailer and toy seller.  You can search wikipedia for more information.

Answer 8

Walmart is a retail store that sells everything from clothing to tires for your car, electronics, toys, almost like Target. They also have very inexpensive prices on brand name items. Go check it out!

Answer 9

Are we seriosuly getting a wal-mart? lol. Its like a real big Cheap as Chips or Go-Lo cross Woolworths cross Target or Big W lol... well atleast i think. Its just a huge convenience store that has everything! What state are u in? Are we all getting a wal-mart? =D

Answer 10

It's a department store... and a bank, a mcdonalds, a pharmacy, a mani-pedi parlor, a barber shop, a tire and automotive repair station... and a soul-drinking corporate warmachine driving forward to devour all that stands in it's way in pursuit of monopolizing every form of money-making business this side of the andromeda galaxy.  Congratulations!  Now YOU have a friend in the faschism business! (now sit back and wait for them to become your new government, lol)

Answer 11

it's a super cheap-quality store. the prices are fantastic, but the quality sucks. don't go there for something you expect to last for any long period of time. <3

Answer 12

it's a place where they sell walls. but really it's just a store that sells everything basically.

Answer 13

Wal-Mart Stores, Inc. is an American public corporation that runs a chain of large, discount department stores. It is the world's largest public corporation by revenue, according to the 2008 Fortune Global 500. Founded by Sam Walton in 1962, it was incorporated on October 31, 1969, and listed on the New York Stock Exchange in 1972. It is the largest private employer in the world and the fourth largest utility or commercial employer, trailing the British National Health Service, and the Indian Railways. Wal-Mart is the largest grocery retailer in the United States, with an estimated 20% of the retail grocery and consumables business, as well as the largest toy seller in the U.S. It also owns and operates the North American company of Sam's Club.

Wal-Mart operates in Mexico as Walmex, in the UK as ASDA, and in Japan as Seiyu. It has wholly-owned operations in Argentina, Brazil, Canada, Puerto Rico, and the UK. Wal-Mart's investments outside North America have had mixed results: its operations in South America and China are highly successful, while it was forced to pull out of Germany when its venture there was unsuccessful.

Wal-Mart has been criticized by some community groups, women's rights groups, grassroots organizations, and labor unions, specifically for its extensive foreign product sourcing, low rates of employee health insurance enrollment, resistance to union representation, and alleged sexism.

The company was incorporated as Wal-Mart Stores, Inc. on October 31, 1969. In 1970, it opened its home office and first distribution center in Bentonville, Arkansas. It had 38 stores operating with 1,500 employees and sales of $44.2 million. It began trading stock as a publicly-held company on October 1, 1972, and was soon listed on the New York Stock Exchange. The first stock split occurred in May 1971 at a market price of $47. By this time, Wal-Mart was operating in five states: Arkansas, Kansas, Louisiana, Missouri, and Oklahoma; it entered Tennessee in 1973 and Kentucky and Mississippi in 1974. As it moved into Texas in 1975, there were 125 stores with 7,500 employees and total sales of $340.3 million.

During the 1980s, Wal-Mart continued to grow rapidly, and by its 25th anniversary in 1987 there were 1,198 stores with sales of $15.9 billion and 200,000 associates. This year also marked the completion of the company's satellite network, a $24 million investment linking all operating units of the company with its Bentonville office via two-way voice and data transmission and one-way video communication. At the time, it was the largest private satellite network, allowing the corporate office to track inventory and sales and to instantly communicate to stores. In 1988, Sam Walton stepped down as CEO and was replaced by David Glass. Walton remained as Chairman of the Board, and the company also rearranged other people in senior positions.

In 1988, Wal-Mart entered the grocery business by opening the first Wal-Mart Supercenter in Washington, Missouri. Thanks to its superstores, it surpassed Toys "R" Us in toy sales in the late 1990s. The company also opened overseas stores, entering South America in 1995 with stores in Argentina and Brazil; and Europe in 1999, buying ASDA in the UK for $10 billion.

In 1998, Wal-Mart introduced the "Neighborhood Market" concept with three stores in Arkansas. By 2005, estimates indicate that the company controlled about 20% of the retail grocery and consumables business.

In 2000, H. Lee Scott became President and CEO, and Wal-Mart's sales increased to $165 billion. In 2002, it was listed for the first time as America's largest corporation on the Fortune 500 list, with revenues of $219.8 billion and profits of $6.7 billion. It has remained there every year, except for 2006.

In 2005, Wal-Mart had $312.4 billion in sales, more than 6,200 facilities around the world—including 3,800 stores in the United States and 2,800 elsewhere, employing more than 1.6 million "associates" worldwide. Its U.S. presence grew so rapidly that only small pockets of the country remained further than 60 miles (100 km) from the nearest Wal-Mart.

As Wal-Mart grew rapidly into the world's largest corporation, many critics worried about the effect of its stores on local communities, particularly small towns with many "mom and pop" stores. There have been several studies on the economic impact of Wal-Mart on small towns and local businesses, jobs, and taxpayers. In one, Kenneth Stone, a Professor of Economics at Iowa State University, found that some small towns can lose almost half of their retail trade within ten years of a Wal-Mart store opening. However, in another study, he compared the changes to what small town shops had faced in the past — including the development of the railroads, the advent of the Sears Roebuck catalog, as well as the arrival of shopping malls — and concluded that shop owners who adapt to changes in the retail market can thrive after Wal-Mart arrives. A later study in collaboration with Mississippi State University showed that there are "both positive and negative impacts on existing stores in the area where the new supercenter locates."

Wal-Mart's international operations currently comprise 2,980 stores in 14 countries outside the United States. According to Wal-Mart's 2006 Annual Report, the International division accounted for about 20.1% of sales. There are wholly-owned operations in Argentina, Brazil, Canada, Puerto Rico (although PR is part of the US, the company's operations there are managed through its international division), and the UK. With 1.8 million employees worldwide, the company is the largest private employer in the US and Mexico, and one of the largest in Canada.

Wal-Mart has operated in Canada since its acquisition of the Woolco division of Woolworth Canada, Inc.[40] In 2007, it operates at 278 locations, employing 70,000 Canadians, with a local home office in Mississauga, Ontario. On November 8, 2006, Wal-Mart Canada's first three Supercenters opened in Hamilton, London, and Aurora, Ontario. As of January 31, 2007, there were six Wal-Mart Supercenters in Canada.[34] As of November 30, 2006, there were six Sam's Clubs in Ontario, in London, Richmond Hill, Vaughan, Cambridge, Pickering, and Toronto).[34] In December 2006, conversion of a Wal-Mart Discount Store into a Wal-Mart Supercenter began in Lethbridge, Alberta, making it the seventh in Canada and the first in western Canada.

Sales in 2006 for Wal-Mart's UK subsidiary, ASDA (which retains the name it had before acquisition by Wal-Mart), accounted for 42.7% of sales of Wal-Mart's international division. In contrast to Wal-Mart's US operations, ASDA was originally and still remains primarily a grocery chain, but with a stronger focus on non-food items than most UK supermarket chains other than Tesco. At the end of 2007, ASDA had 340 stores, some of which are branded ASDA Wal-Mart Supercentres, as well as ASDA Supermarkets, ASDA Living, George High Street and ASDA Essentials stores.

In addition to its wholly-owned international operations, Wal-Mart has joint ventures in China and several majority-owned subsidiaries. Wal-Mart's majority-owned subsidiary in Mexico is Walmex. In Japan, Wal-Mart owns about 53% of Seiyu. Additionally, Wal-Mart owns 51% of the Central American Retail Holding Company (CARHCO), consisting of more than 360 supermarkets and other stores in Guatemala, El Salvador, Honduras, Nicaragua, and Costa Rica.

In 2004, Wal-Mart bought the 116 stores in the Bompreço supermarket chain in northeastern Brazil. In late 2005, it took control of the Brazilian operations of Sonae Distribution Group through its new subsidiary, WMS Supermercados do Brasil, thus acquiring control of the Nacional and Mercadorama supermarket chains, the leaders in the Rio Grande do Sul and Paraná states, respectively. None of these was rebranded. As of August 2006, Wal-Mart operates 71 Bompreço stores, 27 Hiper-Bompreço stores, 15 Balaio stores, and three Hiper-Magazines (all originally parts of Bompreço). It also runs 19 Wal-Mart Supercenters, 13 Sam's Club stores, and two Todo Dia stores. With the acquisition of Bompreço and Sonae, Wal-Mart is currently the third largest supermarket chain in Brazil, behind Carrefour and Pão de Açúcar.

In July 2006, Wal-Mart announced its withdrawal from Germany due to sustained losses in a highly competitive market. The stores were sold to the German company Metro during Wal-Mart's fiscal third quarter.

In November 2006, Wal-Mart announced a joint venture with Bharti Enterprises to open retail stores in India. As foreign corporations are not allowed to directly enter the retail sector in India, Wal-Mart will operate through franchises and handle the wholesale end. The partnership will involve two joint ventures; Bharti will manage the front end involving opening of retail outlets, while Wal-Mart will take care of the back end, such as cold chains and logistics.

Wal-Mart's business model is based on selling a wide variety of general merchandise at "always low prices."The company refers to its employees as "associates". All Wal-Mart stores in the US and Canada also have designated "greeters", who welcome shoppers at the store entrance.

In June, 2007. Wal-Mart announced it was retiring the blue vest its 1.5 million associates wear, and replacing it with khakis and polos. The replacement was to help Wal-Mart increase sales.

Unlike many other retailers, Wal-Mart does not charge a slotting fee to suppliers for their products to appear in the store. Instead, it focuses on selling more popular products and often pressures store managers to drop unpopular products, as well as asking manufacturers to supply more popular products. More than 70% of the goods sold in Wal-Mart ar

Answer 14

It's a mega store, selling men, women's and children's clothes, home furnishings, electronics and even groceries.  However, it is also bad news.  It's mega-destructive.  Their m.o. is to move in build as many within a fairly close range and squash all of the competition with their extremely low prices.  Once the competition have closed their doors, they close all but one of their stores.  This way they keep you shopping at their stores, while they cut their expenses.  Bad news everywhere they go.  In the end it drives the economy down.

And they're bad on employees.  They have been sued in the U.S. numerous times for undercutting employees on overtime, and breaks, and the employees won.  One opened near us, and the store where I work has been suffering ever since.

Answer 15

ROFL.

Wal-mart is a huge shopping store.

It has everything, food, clothing, toys, books, movies, makeup, everything.

And, it's cheaper than other places..

Hope that helps!

Answer 16

cool australians are awesome i love how they talk......

....walmart is an American public corporation that runs a chain of large, discount department stores. It is the world's largest public corporation by revenue, according to the 2008 Fortune Global 500.[4] Founded by Sam Walton in 1962, it was incorporated on October 31, 1969, and listed on the New York Stock Exchange in 1972. It is the largest private employer in the world and the fourth largest utility or commercial employer, trailing the British National Health Service, and the Indian Railways.

aka a big store that is weird.....

Answer 17

Don't listen to the jerk who wrote they sell walls. It is like a store like BJ's or Target (I don't know if you have those) It is basicly a place they sell clothes, food, and other conveinent stuff.

Answer 18

It is a superstore that sells everything and sometimes even food (super walmart). Wal-Mart is know for their good and reasonable prices and frugal products.

Answer 19

hahaha for my region in Southern California it is a

cheap store with all sorts of goods ranging from

clothing to electronics to supermarket goods (varies

if they'll supply that over there) they literally have everything.

Where i'm from though, shopping there means your

either poor or cheap

Answer 20

its a store that sells everything from cookies to car supplies! The cookies are amazing!!!!!oh! and when you walk in they say "Welcome to Walmart!" and give you a smiley face sticker!!! :) its great!!!!!

hh

btws paris hilton asked the same thing

Answer 21

Omg wow  Wally World! Or Wal-mart is a place where they have everything, well depends if your getting a super wal-mart or just wal-mart. It has groceries, baby stuff, electronics, car department, gardening, pet stuff, hair stuff, makeup, anything you could want. But the lines are horrible

Answer 22

a huge supercenter(store)  with extrememly cheap prices with everything made from china(lead!)

but some people(alot) hate walmart because it ruines small businesses

Answer 23

It's a superstore that carries everything you could want, and most people shop there because it's cheap while feeling bad about doing so because the majority of their stuff is manufactured in China and they don't pay their employees decent wages. If you're looking to save money, though...

Answer 24

its not a place where they sell walls. its a place where they pretty much have everything.. electronics,food, outdoor  furniture, patio stuff, swiming stufff, clothes,dog food.animal stuff, pretty much evrything....

P.S. I have always want to visit Australia,

Answer 25

its a store and it has clothes,electronics,toys,school supplies,and basically everything you need to survive

Answer 26

Hey it is a discount store were you can get almost anything.,.. The prices are very low... If it is a super center you will even be able to buy food there... I use my local Wall Mart all the time.... they Have clothes housewares hardware. Lawn and garden Electronics. photo and food.. Hey I think you will really like it.

Answer 27

Walmart is a brick and mortar bulk items superstore

where you can buy sport equipment and drugstore items

and food stuffs and cereal even milk and bread and electronics. And super walmart has groceries and lots of clothes and jewelry and beverages.

have fun its world operation now. for sure.

Cheers its real popular in china.

Answer 28

rant below:

walmart is a super-store that sells just about everything, and i do mean everything, except pets i guess....walmart used to be american made products but as soon as the founder died, it is all foreign now and when americans buy something there, foreigners are getting rich off it, especially china..but that is not my problem with walmart.....this is how they generally operate.....they will pick two towns and build a walmart there with cheap materials, they will have very low prices, so low almost all of the mom & pop stores in that area are run out of busines....once they have locked up all the businesses, they will close the two cheaps walmart, build a huge Superwalmart between the two towns and raise the prices to not much less from everyone esle.....their prices are cheaper than most places but the products are made very cheaply and almost eveything you buy there will fal apart in a year or less.....

support mom & pop stores and your own country's economy & dont shop at walmart!

Answer 29

America's largest retailer. They sell just about everything you could want. Unfortunately, they also bring controversy with their presence. See the links below.

Answer 30

It is a store that carries everything!  For example it has- clothing, toys, food, medicine......It has everything!  You could live there if you wanted to!  They are great!  P.S- Australia is awesome!

Answer 31

Walmart is a large store that offers a wide selection of items. In some areas in USA we have what they call, Walmart Super Store. These super stores have full grocery store areas with great selections. Their cosmetic, pharmacy area is very inexpensive. They offer, TVS, Videos,Clothes,food,gardening supplies,pet,sewing,baby supplies etc.     They sell so many things the best thing for you to do is explore what they offer : walmart.com

Enjoy