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Wal-Mart a Fortune 500 Company

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Wal-Mart a Fortune 500 Company
The Fortune 500 was established in 1955. Fortune 500 is a list of the 500 largest companies in the United States as compiled by FORTUNE Magazine. This list is compiled by using recent figures for revenue and includes both public and private companies with publicly available revenue data. (investopia.com) The Fortune 500 companies are ranked by the amount of revenue that they are bringing in on a yearly basis. While many feel that many of those businesses are operated by men, the Fortune 500 currently released and let it be known that there are 21 women CEO’s in the Fortune 500 category. (Management.Fortune)
WAL-MARTS HISTORY According the Fortune 500, 2013 list Wal-Mart holds the number ranking. In 2012, Wal-Mart was ranking number 2. Wal-Mart is a well-known company that was established in 1962 by Sam Walton the Rogers, Arkansas. Wal-Mart’s mission was to offer great customer service along with low prices. In the 1980’s Wal-Mart created many mile stones. In the 1980’s Wal-Mart open their first Sam Club, the first Wal-Mart Super center was opened, they reached $1 billion in annual sales faster than any other company. Wal-Mart opened 276 stores and had 21,000 employees; they replaced the original cash registers with computerized point-of-sale systems. In the 1990’s Wal-Mart continued to evolved. Wal-Mart became the Nations number 1 retailer; Super Wal-Mart went international. Wal-Mart conducted a joint venture with Cifa and opened a retail company they went global and opened a Sam’s Club in Mexico City. Later on in the year Wal-Mart employed 371,000 associates in 1,928 stores and clubs. They opened their first store in China, expanded to Canada purchasing 122 Woolco stores. Wal-Mart also introduces the Neighborhood Market in Arkansas and opens 3 stores. In the year 200 and later Wal-Mart entered a New Millennium. Wal-Mart offered the ultimate shopping experience online, in stores and on mobile phones. In 2000, they employed over 1.1 million employees in 3,989
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