Does anyone know the history of Wal-Mart and its current size? Please 3Q
History of Wal-Mart: 1960s 1962 Sam Walton founded the company and opened the first Wal-Mart department store in Rogers City, Arkansas 1969 October 31st Wal-Mart Stores, Inc. 1970s 1970 The company's headquarters and first distribution center were established in the town of Bentonville, Arkansas 1972 Wal-Mart stock was approved for listing on the New York Stock Exchange 1975 Sam Walton was inspired by Korean workers and introduced the famous "Wal-Mart Cheer". 1975 Sam Walton introduces the famous "Wal-Mart Cheer," inspired by Korean workers 1980s 1983 First Sam's Club store opens in Midwest City, Oklahoma 1984 Sam Walton lives up to his promise to his employees. 8% and he dances the hula on Wall Street 1984 David Glass becomes president of the company 1987 Wal-Mart's satellite network is completed, the largest privately owned satellite system in the United States. 1988 David Glass becomes the company's Chief Executive Officer 1988 The first Wal-Mart shopping plaza opens in Washington, Missouri 1990's 1990 Wal-Mart becomes the number one retailer in the United States 1991 Wal-Mart stores open in Mexico City and Wal-Mart begins to enter overseas markets 1992 Mr. Sam Walton receives the Medal of Freedom on March 17th, presented by President George H.W. Bush. 1992 Sam Walton receives the Medal of Freedom from President George H.W. Bush on March 17, 1992 Sam Walton passes away on April 5, 1992 S. Robertson Walton becomes Chairman of the Board of Directors of Wal-Mart 1992 Wal-Mart enters Puerto Rico 1993 Wal-Mart International is established and Bobby Martin becomes President and CEO of the International Division 1993 Wal-Mart's first single-week sales reach $1 billion in December 1994 122 Woolco stores are purchased in Canada. 1994 Acquires 122 Woolco stores in Canada 1995 Enters Argentina and Brazil 1996 Enters China through a joint venture 1997 Becomes the No. 1 private employer in the U.S. 1997 Employs 680,000 people in the U.S. and 115,000 outside of the U.S. 1997 Wal-Mart Stores, Inc. stock becomes part of the Dow Jones Industrial Average 1997 Wal-Mart's annual sales surpassed $100 billion for the first time, reaching $105 billion 1998 Entered Germany with the acquisition of 21 Wertkauf 1998 Introduced community stores for the first time, opening three community stores in Arkansas 1998 Annual charitable contributions exceeded $100 million, reaching $102 million 1998 Entered South Korea through the formation of a joint venture 1999 Employee count reached 1.14 million, making Wal-Mart the 1999 Becomes the world's largest privately held employer 1999 Acquires the ASDA Group of Companies (229 stores) and enters the United Kingdom 2000s 2000 Ranked No. 5 on Fortune magazine's list of "The World's Most Admired Companies" 2000 Lee Skewer becomes president and chief executive officer of Wal-Mart Stores, Inc. 2001 Record one-day sales, with the next day's Thanksgiving Day sales reaching a new record. Record one-day sales, reaching $1.25 billion the day after Thanksgiving 2001 Ranked No. 1 on FORTUNE magazine's list of the world's 500 largest corporations and No. 3 on FORTUNE magazine's list of America's Most Admired Companies 2002 Entered Japan with the acquisition of a portion of Japan's Seiyu Department Store 2002 Ranked No. 5 on FORTUNE magazine's list of the world's 500 largest corporations 2002 Ranked No. 1 on Fortune magazine's list of the world's 500 largest companies and No. 1 on Fortune magazine's list of America's Most Admired Companies 2003 Ranked No. 1 on Fortune magazine's list of the world's 500 largest companies and No. 1 on Fortune magazine's list of America's Most Admired Companies Wal-Mart Stores, Inc. was founded in Arkansas in 1962 by Mr. Sam Walton, an American retailing legend. Over the past 40 years, Wal-Mart Stores, Inc. has grown to become the largest private employer in the United States and the largest retail chain in the world. Wal-Mart currently operates more than 5,000 malls in ten countries around the world and employs more than 1.6 million people in ten countries: the United States, Mexico, Puerto Rico, Canada, Argentina, Brazil, China, South Korea, Germany and the United Kingdom. Nearly 140 million customers visit Wal-Mart each week. In 2004, Wal-Mart's global sales reached $285.2 billion, making it one of the Fortune 500 companies and one of the "Most Admired Companies" for many years in a row. Wal-Mart has also been recognized as one of the "Most Admired Companies" and "Best Companies to Work For" in many countries around the world. 2004 Wal-Mart was ranked No. 1 in the Commerce and Tourism category of the China Market Advantage Brand Popularity Index by China Business News, and was the only retailer on the list. In 2004, Wal-Mart was recognized by China Business News as the first in the category of commerce and tourism in the China Market Advantage Enterprise Brand Popularity Index, and as the only retailer on the list.