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
The Fressnapf group opened a customer service center in Pécs
Fressnapf International Business Services Kft., a subsidiary of the German…
Read more >DHL arrived at the Hungaroring for the Formula 1® weekend with a doubled fleet of trucks powered by biofuel
DHL and Forma-1® are already in Mogyoród, the FORMA-1® HUNGARIAN…
Read more >Lidl became the customers’ favorite store
Once again, thanks to customers, Lidl Hungary received prestigious awards.…
Read more >