Five Basic Reasons to Support Actions by Walmart Workers

ACADEME BLOG

1. Walmart has 8,500 stores in 15 countries. In 2012, it was the international corporation in terms of gross revenues, at $447 billion. The corporation’s net income was $12.7 billion. To put those numbers in perspective, its gross revenues slightly exceed the GDP of Argentina, which according to the International Monetary Fund has the 27th largest GDP among nations of the world. Its net income is as large as or larger than the GDP of 69 of the 184 nations recognized by the United Nations. In addition to being the largest retailer in both the world and the U.S., Walmart has become the largest U.S. grocery chain.

2. The Walmart family still owns 48% of Walmart’s stock. Their combined personal wealth was estimated in 2010 at $89.5 billion. To put that number in perspective, the Walton family’s wealth would place them 63rd on the list of nations by…

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