0_Wizard
I recently got a new job at Walmart. Largest grocery store in the country, and I'm out there stocking shelves.
Walmart is one of the world's most valuable companies by market value and was the largest U.S. grocery retailer in 2016.
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Walmart
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Walmart
Wal-Mart Stores, Inc., doing business as Walmart, is an American multinational retail corporation that operates a chain of hypermarkets, discount department stores, and grocery stores. Headquartered in Bentonville, Arkansas, the company was founded by Sam Walton in 1962 and incorporated on October 31, 1969. It also owns and operates Sam's Club retail warehouses. Walmart has 11,703 stores and clubs in 28countries, operating under 59 differentnames. The company operates under the name Walmart in the United States and Canada, as Walmart de México y Centroamérica in Mexico and Central America, as Asda in the United Kingdom, as the Seiyu Group in Japan, and as Best Price in India.
Criticism of Walmart
Walmart has been criticized by groups and individuals, including labor unions and small-town advocates protesting against Walmart policies and business practices and their effects. Criticisms include charges of racial and gender discrimination, foreign product sourcing, treatment of product suppliers, environmental practices, the use of public subsidies, and the company's security policies. Walmart denies any wrongdoing and says that low prices are the result of efficiency. In 2005, labor unions created new organizations and websites to criticize the company, including Wake Up Wal-Mart (United Food and Commercial Workers) and Walmart Watch (Service Employees International Union).
The Great Atlantic &amp; Pacific Tea Company
The Great Atlantic & Pacific Tea Company, better known as A&P, was an American chain of grocery stores that ceased supermarket operations in November 2015, after 156 years in business. From 1915 through 1975, A&P was the largest grocery retailer in the United States (and until 1965, the largest U.S. retailer of any kind). A&P was considered an American icon that according to "The Wall Street Journal" "was as well known as McDonald's or Google is today" and that A&P was "Walmart before Walmart." Known for innovation, A&P and the supermarkets that followed its lead significantly improved nutritional habits by making available a vast assortment of food products at much lower costs.
Loblaw Companies
Loblaw Companies Limited is a Canadian food retailer that encompasses 1,000 corporate and franchise supermarkets that operates under 22 regional and market segment banners. Loblaw's operates a private label program that includes grocery and household items, clothing, baby products, pharmaceuticals, cellular phones, general merchandise, and financial services. Loblaw brands include President's Choice, No Name, Joe Fresh, T&T, Exact, Seaquest, Azami, and Teddy's Choice. Most of Loblaw's 136,000 full-time and part-time employees are members of the United Food and Commercial Workers, with the exception of workers at The Real Canadian Wholesale Club in Alberta who are members of the Christian Labour Association of Canada.
Sainsbury's
J Sainsbury plc, trading as Sainsbury's, is the second largest chain of supermarkets in the United Kingdom, with a 16.9% share of the supermarket sector in the United Kingdom. Founded in 1869, by John James Sainsbury with a shop in Drury Lane, London, the company became the largest grocery retailer in 1922, was an early adopter of self-service retailing in the United Kingdom, and had its heyday during the 1980s. In 1995, Tesco overtook Sainsbury's to become the market leader, and Asda became the second largest in 2003, demoting Sainsbury's to third place for most of the subsequent period until January 2014, when Sainsbury's regained second place.
History of Walmart
This article covers the history of Walmart, the large international discount retail chain. In 1950, Sam Walton purchased a store from Luther E. Harrison in Bentonville, Arkansas, and opened Walton's 5 & 10. Thus, the Ozark Mountain town of 2,900 residents would become the headquarters for the world's largest retailer. At some point Sam Walton made the decision to achieve higher sales volumes by keeping sales prices lower than his competitors by reducing his profit margin. Inspired by the successes of other discount department store chains, Walton opened the second store in Harrison, Arkansas that year.
Target Corporation
Target Corporation is the second-largest discount store retailer in the United States, behind Walmart, and a component of the S&P 500 Index. Founded by George Dayton and headquartered in Minneapolis, Minnesota, the company was originally named Goodfellow Dry Goods in June 1902 before being renamed the Dayton's Dry Goods Company in 1903 and later the Dayton Company in 1910. The first Target store opened in Roseville, Minnesota in 1962 while the parent company was renamed the Dayton Corporation in 1967. It became the Dayton-Hudson Corporation after merging with the J.L. Hudson Company in 1969 and held ownership of several department store chains including Dayton's, Hudson's, Marshall Field's, and Mervyn's.
1_Apprentice
Congratulations. Is Walmart a very big store?
0_Wizard
Oh, it's massive. There are almost 12,000 stores in the entire world. They're not all called "Walmart", but they're owned by the same people.
Walmart has 11,703 stores and clubs in 28countries, operating under 59 differentnames.
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Walmart
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Walmart
Wal-Mart Stores, Inc., doing business as Walmart, is an American multinational retail corporation that operates a chain of hypermarkets, discount department stores, and grocery stores. Headquartered in Bentonville, Arkansas, the company was founded by Sam Walton in 1962 and incorporated on October 31, 1969. It also owns and operates Sam's Club retail warehouses. Walmart has 11,703 stores and clubs in 28countries, operating under 59 differentnames. The company operates under the name Walmart in the United States and Canada, as Walmart de México y Centroamérica in Mexico and Central America, as Asda in the United Kingdom, as the Seiyu Group in Japan, and as Best Price in India.
Criticism of Walmart
Walmart has been criticized by groups and individuals, including labor unions and small-town advocates protesting against Walmart policies and business practices and their effects. Criticisms include charges of racial and gender discrimination, foreign product sourcing, treatment of product suppliers, environmental practices, the use of public subsidies, and the company's security policies. Walmart denies any wrongdoing and says that low prices are the result of efficiency. In 2005, labor unions created new organizations and websites to criticize the company, including Wake Up Wal-Mart (United Food and Commercial Workers) and Walmart Watch (Service Employees International Union).
Asda
Asda Stores Ltd. trading as Asda, is a British supermarket retailer, headquartered in Leeds, West Yorkshire. The company was founded in 1965 when the supermarket owning Asquith family merged with the Associated Dairies company of Yorkshire. It expanded in to the south of England during the 1970s and 1980s, and acquired Allied Carpets, 61 large Gateway Supermarkets and other businesses, such as MFI, then during the 1990s, sold off its acquisitions to concentrate on the supermarkets. It became a subsidiary of the American retail corporate giant Walmart after a £6.7 billion takeover in July 1999, and was the second-largest supermarket chain in Britain between 2003 and 2014 by market share, and is currently third behind Tesco and Sainsbury's.
The Great Atlantic &amp; Pacific Tea Company
The Great Atlantic & Pacific Tea Company, better known as A&P, was an American chain of grocery stores that ceased supermarket operations in November 2015, after 156 years in business. From 1915 through 1975, A&P was the largest grocery retailer in the United States (and until 1965, the largest U.S. retailer of any kind). A&P was considered an American icon that according to "The Wall Street Journal" "was as well known as McDonald's or Google is today" and that A&P was "Walmart before Walmart." Known for innovation, A&P and the supermarkets that followed its lead significantly improved nutritional habits by making available a vast assortment of food products at much lower costs.
History of Walmart
This article covers the history of Walmart, the large international discount retail chain. In 1950, Sam Walton purchased a store from Luther E. Harrison in Bentonville, Arkansas, and opened Walton's 5 & 10. Thus, the Ozark Mountain town of 2,900 residents would become the headquarters for the world's largest retailer. At some point Sam Walton made the decision to achieve higher sales volumes by keeping sales prices lower than his competitors by reducing his profit margin. Inspired by the successes of other discount department store chains, Walton opened the second store in Harrison, Arkansas that year.
Walmart Canada
Walmart Canada Corp. is the Canadian division of Walmart which is headquartered in Mississauga, Ontario. It was founded on March 17, 1994 with the purchase of the Woolco Canada chain from the F. W. Woolworth Company. Originally consisting of discount stores, Walmart Canada's contemporaries include Hart Stores, and Giant Tiger. It also competes in many areas with Home Hardware, Canadian Tire and Dollarama. Walmart Canada's six Sam's Club stores (2006-2009, only in Ontario) competed with warehouse club Costco and hypermarket Real Canadian Superstore. Based on the success of the US format, Walmart Canada has focused on expanding Supercentres from new or converted locations, offering groceries which puts them in the same market as supermarket chains such as Loblaws, Real Canadian Superstore, Metro, Sobeys, Thrifty Foods, Safeway, Save-On-Foods, Country Grocer, Fairway Markets, Quality Foods, Co-op and others.
Target Corporation
Target Corporation is the second-largest discount store retailer in the United States, behind Walmart, and a component of the S&P 500 Index. Founded by George Dayton and headquartered in Minneapolis, Minnesota, the company was originally named Goodfellow Dry Goods in June 1902 before being renamed the Dayton's Dry Goods Company in 1903 and later the Dayton Company in 1910. The first Target store opened in Roseville, Minnesota in 1962 while the parent company was renamed the Dayton Corporation in 1967. It became the Dayton-Hudson Corporation after merging with the J.L. Hudson Company in 1969 and held ownership of several department store chains including Dayton's, Hudson's, Marshall Field's, and Mervyn's.
1_Apprentice
Is it a privately owned company or a public one?
0_Wizard
It's privately owned, by publicly traded. The Walton family controls the company. That's why it's called "Wal"mart lol
It is a publicly traded family-owned business, as the company is controlled by the Walton family.
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Walmart
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Walmart
Wal-Mart Stores, Inc., doing business as Walmart, is an American multinational retail corporation that operates a chain of hypermarkets, discount department stores, and grocery stores. Headquartered in Bentonville, Arkansas, the company was founded by Sam Walton in 1962 and incorporated on October 31, 1969. It also owns and operates Sam's Club retail warehouses. Walmart has 11,703 stores and clubs in 28countries, operating under 59 differentnames. The company operates under the name Walmart in the United States and Canada, as Walmart de México y Centroamérica in Mexico and Central America, as Asda in the United Kingdom, as the Seiyu Group in Japan, and as Best Price in India.
Sam Walton
Samuel Moore Walton (March 29, 1918 – April 5, 1992) was an American businessman and entrepreneur best known for founding the retailers Walmart and Sam's Club. At one point in his life, he was the richest American in the world. Samuel Moore Walton was born to Thomas Gibson Walton and Nancy Lee, in Kingfisher, Oklahoma. He lived there with his parents on their farm until 1923. However, farming did not provide enough money to raise a family, and Thomas Walton went into farm mortgaging. He worked for his brother's Walton Mortgage Company, which was an agent for Metropolitan Life Insurance, where he foreclosed on farms during the Great Depression.Sam Walton was an American businessman who founded the Wal-Mart Stores Inc. which grew to be the world’s largest corporation by revenue as well as the biggest private employer in the world.
B. Kevin Turner
B. Kevin Turner (born April 3, 1965) is an American businessman known for his executive leadership roles at Wal-Mart, Microsoft and Citadel LLC. He is currently the Vice Chairman of Albertsons and a member of the Board of Directors at Nordstrom. Turner was previously the Vice Chairman of Citadel LLC and the Chief Executive Officer of Citadel Securities. From 2005 to 2016, he was the Chief Operating Officer of Microsoft. Prior to joining Microsoft, Turner spent nearly two decades at Wal-Mart where he worked his way up from a cashier to Chief Information Officer and later President and CEO of the Wal-Mart-owned retailer, Sam's Club.
Tom Coughlin (Walmart executive)
Thomas M. "Tom" Coughlin (June 6, 1949 – April 1, 2016) was vice chairman of Wal-Mart Stores, Inc. and confidante of founder Sam Walton. Coughlin was a native of Cleveland, Ohio. He attended St. Edward High School in Lakewood, Ohio, a western suburb of Cleveland, and graduated in 1967. He attended California State University East Bay in Hayward, California and earned a bachelor's degree in political science. Coughlin began his career with the retailer in 1978 in the company’s security division and eventually became vice president of loss prevention. He later became vice president of human resources.
Business valuation
Business valuation is a process and a set of procedures used to estimate the economic value of an owner's interest in a business. Valuation is used by financial market participants  to determine the price they are willing to pay or receive to affect a sale of a business. In addition to estimating the selling price of a business, the same valuation tools are often used by business appraisers to resolve disputes related to estate and gift taxation, divorce litigation, allocate business purchase price among business assets, establish a formula for estimating the value of partners' ownership interest for buy-sell agreements, and many other business and legal purposes such as in shareholders deadlock, divorce litigation and estate contest.
Criticism of Walmart
Walmart has been criticized by groups and individuals, including labor unions and small-town advocates protesting against Walmart policies and business practices and their effects. Criticisms include charges of racial and gender discrimination, foreign product sourcing, treatment of product suppliers, environmental practices, the use of public subsidies, and the company's security policies. Walmart denies any wrongdoing and says that low prices are the result of efficiency. In 2005, labor unions created new organizations and websites to criticize the company, including Wake Up Wal-Mart (United Food and Commercial Workers) and Walmart Watch (Service Employees International Union).
Northwest Arkansas
Northwest Arkansas (NWA, officially designated by the United States Census Bureau as the Fayetteville–Springdale–Rogers Metropolitan Statistical Area) includes Fayetteville, Springdale, Rogers, and Bentonville, the third, fourth, eighth and tenth largest cities in Arkansas. These cities are located within Benton and Washington counties; NWA also includes Madison County in Arkansas and McDonald County, Missouri, according to the Census Bureau definition. As per the 2016 United States Census Bureau estimates, NWA is the 105th largest metropolitan statistical area in the United States (525,032 residents) and the 22nd fastest growing in the US.
1_Apprentice
Wow thats interesting. When did the company first start trading?
0_Wizard
I'm not completely sure, but the company was incorporated in 1969. That's seven years after it was founded. I'd guess that's when they started trading.
Headquartered in Bentonville, Arkansas, the company was founded by Sam Walton in 1962 and incorporated on October 31, 1969.
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Walmart
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North American fur trade
The North American fur trade was the industry and activities related to the acquisition, trade, exchange, and sale of animal furs in North America. Aboriginal peoples in Canada and Native Americans in the United States of different regions traded among themselves in the Pre-Columbian Era, but Europeans participated in the trade beginning from the time of their arrival in the New World and extended its reach to Europe. The French started trading in the 16th century, the English established trading posts on Hudson Bay in present-day Canada in the 17th century, and the Dutch had trade by the same time in New Netherland.
List of Dutch inventions and discoveries
The Netherlands had a considerable part in the making of modern society. The Netherlands and its people have made numerous seminal contributions to the world's civilization, especially in art, science, technology and engineering, economics and finance, cartography and geography, exploration and navigation, law and jurisprudence, thought and philosophy, medicine, and agriculture. Dutch-speaking people, in spite of their relatively small number, have a significant history of invention, innovation, discovery and exploration. The following list is composed of objects, (largely) unknown lands, breakthrough ideas/concepts, principles, phenomena, processes, methods, techniques, styles etc., that were discovered or invented (or pioneered) by people from the Netherlands and Dutch-speaking people from the former Southern Netherlands ("Zuid-Nederlanders" in Dutch).
Dalian Commodity Exchange
The Dalian Commodity Exchange (DCE) () is a Chinese futures exchange based in Dalian, Liaoning province, China. It is a non-profit, self-regulating and membership legal entity established on February 28, 1993. Dalian Commodity Exchange trades in futures contracts underlined by a variety of agricultural and industrial produce on a national scale. As of 2015, DCE has listed a total of 16 futures products, including corn, corn starch, soybean (gmo and non-gmo), soybean meal, soybean oil, RBD palm olein, egg, fiberboard, blockboard, linear low-density polyethylene (LLDPE), polyvinyl chloride (PVC), polypropylene (PP), coke, coking coal and iron ore.  Normal trading hours are Monday-Friday from 9am to 11:30am and 1:30pm to 3pm Beijing Time.
H. H. &amp; S. Budgett
H.H. & S. Budgett was a leading wholesale grocer covering South-West England, South Wales and the London area. It began about 1820 when Samuel Budgett (1794 – 1851) became in turn: apprentice, journeyman and partner to his half-brother Henry Hill Budgett (c 1779 – 1849) in the latter’s small shop in Kingswood, Bristol. Samuel had a passion for trading. He introduced the practice of buying in bulk and delivering to other small shops like his own. This grew rapidly so that, at the time of his death in 1851, Samuel was giving away £2,000 per annum out of his share of the profits and the company had customers from Birmingham to Penzance.
Guess (clothing)
Guess (styled as GUESS or Guess?) is an American clothing brand and retailer. In addition to clothing for both men and women, Guess markets other fashion accessories such as watches, jewelry, perfumes, and shoes. Guess began in 1981 as a book of styles by Georges Marciano. Maurice, Georges brother, was first sought by Georges to help with product development. Armand and Paul, also Georges' brothers, were in charge of distribution and advertising, respectively. Armand ran distribution. Paul created the advertising, all of it in-house. Georges designed the clothes, burnishing Guess' signature style: stonewashed denim, lighter in color, softer and more form-fitting than the competitors.
Spanish Empire
The Spanish Empire () was one of the largest empires in history. At the time, it was not known as that by the Spanish, but rather the Spanish Monarchy ("Monarquía española") with the monarch ruling kingdoms in Spain, his possessions in Italy and northern Europe, and in the "Spanish Indies," its New World territories. From the late fifteenth century to the early nineteenth, Spain's kingdom of Castile controlled a huge overseas territory in the New World. The crown's main source of wealth was from gold and silver mined in Mexico and Peru. The empire reached the peak of its military, political and economic power under the Spanish Habsburgs, through most of the 16th and 17th centuries, and its greatest territorial extent under the House of Bourbon in the 18th century.
Royal Dutch Shell
Royal Dutch Shell plc (, ), commonly known as Shell, is a British–Dutch multinational oil and gas company headquartered in the Netherlands and incorporated in the United Kingdom. It is one of the six oil and gas "supermajors" and the sixth-largest company in the world measured by 2016 revenues (and the largest based in Europe). Shell was first in the 2013 Fortune Global 500 list of the world's largest companies; in that year its revenues were equivalent to 84% of the Netherlands' $556 billion GDP. Shell is vertically integrated and is active in every area of the oil and gas industry, including exploration and production, refining, transport, distribution and marketing, petrochemicals, power generation and trading.
1_Apprentice
How do you like working there?