Thursday, April 22, 2010

Task #3 Impacts of Decolonization


WAL_MART

The history of Wal-Mart began in 1962. Within the next five years another 24 stores opened all around Arkansas. The founder of Wal-Mart is Sam Walton; he had a few minor retail stores before the opening of the first Wal-Mart. Wal-Mart is the largest grocery retailer in the Americas.
Some present day facts about Wal-Mart are that they employ 2,100,000 employees and the Wal-Mart Corporation makes an average of 13.59 Billion US Dollars a year. Wal-Mart opens up a new store EVERYDAY! :O Right now, Wal-mart is focusing on expanding to Latin America.
Most of the products that Wal-Mart sells are common, used every single day products. They sell clothes, jewelry, toys, food, furniture, and even has a pharmacy and a pharmacist working in every store.
During the 1990's the Wal-Mart corporation tried dipping their feet into German soil. Although they did well with the money there was some controvsery about their requirements for employees. The employees were forbidden to have relationships within the Wal-Mart family. So, although they racked in the money, their bad reputation shut them down in Germany. The Wal-Mart corporation has done well in other countries though, such as Mexico, the UK, Brazil, and Canada.

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