Trademagazin > News and articles > Company and Personal News > The world's largest retailer is fifty years old
The world's largest retailer is fifty years old
Sam Walton opened the first Wal-Mart store on the 2nd of July 1962. Since then, Wal-Mart has become the world's largest retailer – mfor.hu writes.
In 2001, Wal-Mart became America's number one retailer network under the directorate of H. Lee Scott Jr. CEO, gaining a 16 percent retail share within the United States.
Wal-Mart is the world's 16th largest company on the list of Forbes magazine: its market value is 208.4 billion USD, and its sales is the second highest on the Forbes list with 447 billion USD. (mfor.hu)
Related news
More related news >
Related news
McDonald’s newest sandwich comes with pulled pork
On November 14, Hungarian McDonald’s will introduce the newest member…
Read more >Saving food is cool! But how much? – Munch’s press event took place
Munch recently hosted a press event titled “Why is food…
Read more >Lidl Hungary is also closed on Christmas Eve this year: the supermarket chain supports the peace of the holiday
Following the tradition started last year, Lidl Hungary will not…
Read more >