20 Facts You Probably Didn’t Know About America’s Favorite Retailer
- The average U.S. family now spends more than $4000 a year at Walmart.
- In 2010, Walmart had revenues of 421 billion dollars. That amount was greater than the GDP of 170 different countries including Norway, Venezuela and the United Arab Emirates.
- If Walmart were a country, it would have the 23rd largest GDP in the world.
- Walmart now sells more groceries than anyone else in America does. In the United States today, one out of every four grocery dollars is spent at Walmart.
- Amazingly, 100 million customers shop at Walmart every single week.
- Walmart has opened more than 1,100 ”supercenters” since 2005 alone.
- Today, Walmart has more than 2 million employees.
- If Walmart was an army, it would be the second largest military on the planet behind China.
- Walmart is the largest employer in 25 different U.S. states.
- According to the Economic Policy Institute, trade between Walmart and China resulted in the loss of 133,000 manufacturing jobs in the United States between 2001 and 2006.
- The CEO of Walmart makes more in a single hour than a full-time Walmart associate makes in an entire year.
- Tens of thousands of Walmart employees and their children are enrolled in Medicaid and are dependent on the government for healthcare.
- Between 2001 and 2007, the value of products that Walmart imported from China grew from $9 billion to $27 billion.
- Approximately 85 percent of all products sold at Walmart are made outside of the United States.
- Roughly 80 percent of all Walmart suppliers are in China at this point.
- 96 percent of all Americans now live within 20 miles of a Walmart.
- The number of “independent retailers” in the United States declined by 60,000 between 1992 and 2007.
- According to the Center for Responsive Politics, Walmart spent 7.8 million dollars on political lobbying during 2011. That number does not even include campaign contributions.
- Today Walmart has five times the sales of the second largest U.S. retailer (i.e., Costco).
- The combined net worth of six members of the Walton family is roughly equal to the combined net worth of the poorest 30 percent of all Americans.
(disclaimer: even though everyone at our Charlotte advertising agency has shopped at Walmart at one time or another, we spend a lot of our creative energy helping smaller (by comparison) retailers like Lowe’s Home Improvement and Family Dollar compete against this discount behemoth)