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Tuesday, December 6, 2011

FDI in Retail - Some facts about Walmart


What is Walmart?

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Capitalism, & Exploitation ?
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How Big is Walmart?
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This should boggle your mind!! And Probably scare you as well!

1.  At Wal-Mart, Americans spend $36,000,000 every hour of every day.
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2. This works out to $20,928 profit every minute!
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3.. Wal-Mart will sell more from January 1 to St. Patrick's Day (March 17th) than Target sells all year.
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4. Wal-Mart is bigger than Home Depot + Kroger + Target + Sears + Costco + K-Mart combined.
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5. Wal-Mart employs 1.6 million people and is the largest private employer, and most of itemployees can't speak English.
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6. Wal-Mart is the largest company in the history of the world.
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7. Wal-Mart now sells more food than Kroger & Safeway combined, keep in mind they did this in only 15 years.
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8. During this same period, 31 Supermarket chains sought bankruptcy.
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9. Wal-Mart now sells more food than any other store in the world.
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10. Wal-Mart has approx 3,900 stores in the USA of which 1,906 are Super Centers; this is 1,000 more than it had 5 years ago.
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11. This year, 7.2 billion different purchasing experiences will occur At a Wal-Mart store. (Earth's population is approximately 6.5 billion.)
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12. 90% of all Americans live within 15 miles of a Wal-Mart.
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13. The value of product for Wal-Mart passing through the port of San Diego each year is a larger sum than 93% of ALL countries Gross National Product (GNP) .....and that is only ONE port ... one way thathow Wal-Mart gets it's stuff.
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14. Of the 1.6 million employees, only 1.2% make a living above the poverty level.  "#990000" (This should interest Anand Sharma,
our Commerce Minister)
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15. Wal-Mart's head office is located and centralized in Bentonville. 
Due to this fact, there are more millionaires per square mile there than any place on Earth.
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16. The official U.S. Government position is that Wal-Mart's prices are no lower than anyone else's when compared to a typical families weekly purchases from other shops selling the same items. That's the view of the statisticians at the Bureau Of Labor Statistics (BLS) 
responsible for calculating the Consumer Price Index (CPI).
(" Today, support small businesses in your community by shopping at 
your favourite local stores Barack Obama on Twitter." 
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17. 92% of everything Wal-Mart sells, comes from China. Another 
4% comes from Chinese owned companies in the U.S. or in the 3rd world Countries.
This is Communist China's  World  Retail
Market Invation ) 
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18. Wal-Mart and MOST large companies,take out life insurance on its employees,without their knowing. If an employee dies, ALL the insurance moneys go to the companies, i.e. an employee making $18,000 per year, dies, and the company might make as much as $1 
million. Most often these moneys, coming from what is commonly referred to as "Dead Peasant Life Insurance Policies", is paid out to 
executives as bonuses. (A common practice, unknown to the average consumer). 
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19... Wal-Mart now averages a "profit" (not sales) of $36 billion per year.
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20. Let Wal-Mart bail out Wall Street. If not, consider shopping someplace else. 
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If all the Wal-Mart stores are closed China will go bankrupt!
( Americans will starve too )
Now you can well understand what will happen if Walmart comes to India!
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(Comments  H. Rajagopal by are in Italics )
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Rajagopal H 
gpcaptraj@gmail.com

1 comment:

  1. Walmart Manipulation in India

    WalMart has taken its monstrosity to a whole new level by buying out the politicians and using our Tax money to Establish UID system to tap into the information of all the people of India.

    This system would have given them access into the lives of all the people of India so they can feed off their lives to sustain themselves for a long time.

    This monster has to be put down soon!

    ReplyDelete