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23 surprising things about Walmart

23 surprising things about Walmart

23 surprising things about Walmart
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By CNBC-TV18 Aug 7, 2018 3:55:59 PM IST (Updated)

Walmart is the largest private employer in the world with 2.3 million employees.

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Arkansas-based company refers employees as “associates”.
All Walmart stores in the US and Canada have designated "greeters" at the entrance, a practice pioneered by its founder Sam Walton.
Area 71 is the unofficial name of Walmart's data center.
The company does not charge slotting fees to suppliers for their products to appear in the store (Slotting fee is a sum paid by a manufacturer to a retail chain for making room for a product on its shelves).
Current CEO, Doug McMillon, began his career at Walmart more than 30 years ago as an hourly summer associate in a distribution center.
$4 prescription program by Walmart for its customers drove down the price of hundreds of generic medicines in US.
Walmart Pharmacy is America’s fifth largest pharmacy chain with annual prescription revenue topping $20.5 billion in 2017.
The average US family of four spends over $4,000 a year at Walmart.
One of every four dollars Americans spend on groceries is spent at Walmart.
The most popular item at Walmart is banana. They sell more bananas than any other single item they carry, according to Business Insider.
China's exports to Walmart accounted for 11% of the growth of the total US trade deficit with China between 2001 and 2006.
90% of all Americans live within 15 miles of a Walmart.
The most frequent destination typed into GPS device Telenav is Walmart.
An additional Walmart store per 100,000 residents increases average BMI (body mass index) by 0.25 units and the obesity rate by 2.4%.
In 2000, Walmart was sued 4,851 times, or about once every 2 hours.
Walmart pays $7.5 billion in taxes per year in US.
If Walmart was an army, it would have the second largest military in the world, behind China.
Walmart also caters to its Christian customer base by selling Christian books and media.
The largest Walmart store in the world, covers 260,000 square feet on two floors, is located at Crossgates Commons in Albany, New York.
Workers digging a hole for an ornamental citrus tree for a Walmart in Mesa, Arizona, found the fossils of two animals (thought to be camels) estimated to be 10,000 years old – they were dubbed the “Walmart Camels”.
Walmart is cheaper than Amazon in almost all categories.
On all categories except food, the average product available from Walmart is 34% cheaper than if purchased from Amazon, according to a January 2018 study by LendEDU.
Sources: lovemoney.com, albany.com, aol.com, news.walmart.com, blog.walmart.com
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