What is the name of the largest company in the world?

Wal-Mart Stores, Inc. from the United States, is the world's largest company (in terms of turnover) and is a worldwide chain. Wal-Mart is mainly involved in the retail industry. According to Wal-Mart's financial report, for the company's fiscal year ending January 31, 2005, total turnover was $285.2 billion, with a net profit of $10.3 billion and a profit margin of 3.6%. If Wal-Mart were to be treated as a country, it would rank 32nd in the world in terms of revenue between Ukraine and Colombia. Walmart is also the most employed company in the world, with about 1.7 million employees worldwide***. It is also the most employed company in the United States, Canada, and Mexico. It accounts for 8.9% of total retail revenue in the United States. Wal-Mart has been ranked among the Fortune Global 500 companies for three consecutive years. Five members of the surviving family were also prominent on Forbes' list of the world's richest people in 2005, ranking 10th through 13th; eldest son S. Robson Walton was 10th, second son John Walton (who died in a crash while test-flying his home-built ultralight on June 27, 2005) was 11th along with third son Jim Walton, and daughters Alice Walton and Helen Walton, widow of the founder, are the 13th richest family in the world. Forbes listed founder Sam Walton among the "20 Most Influential Entrepreneurs of All Time" and praised him for perfecting the way retailing is done, and for his dedication to information technology and the logistics supply chain, and wrote in the magazine that if Sam Walton were still alive, his wealth would be far greater than that of William Gates III, the chairman of Microsoft, who is currently the number one billionaire. Wal-Mart has four main formats: Wal-Mart Plaza, Sam's Club, Wal-Mart Stores, and Wal-Mart Community Stores. History 1962 The first Wal-Mart store opens in Rogers, Arkansas. 1969 October 31, 1969 Wal-Mart Stores, Inc. was founded. 1972 Listed on the New York Stock Exchange, U.S.A. 1983 The first Sam's Club store opened in Midwest City, Oklahoma. 1987 Established the world's largest privately owned satellite communications system in the United States. 1988 First supermarket opened in Washington, Missouri. 1990 Wal-Mart becomes the largest retailer in the United States. 1992 Sam Walton, founder of Wal-Mart, dies on April 5th. 1993 Wal-Mart's International Division is formed and Bobby Martin becomes President and CEO of the International Division 1991 The first store outside the U.S. is opened in Mexico. 1994 Wal-Mart purchases 122 stores from the Woolco chain in Canada. 1996 Wal-Mart opens its first store in Shenzhen, China in 1996 through a joint venture. 1997 Wal-Mart replaces Woolworth as a Dow Jones Industrial Average stock. 1997 Wal-Mart becomes the largest privately held company in the United States, with 680,000 employees worldwide. 1997 Wal-Mart's turnover exceeds $100 billion for the first time. 1998 Wal-Mart enters Germany with the acquisition of 21 Wertkauf. 1999 With 1.14 million employees, Wal-Mart becomes the largest privately-employed company in the world. Acquires ASDA Group of Companies (with 229 stores) and enters the United Kingdom. 2002 Wal-Mart becomes the world's largest corporation (turnover). 2003 Wal-Mart sets a one-day sales record, $1.52 billion, on a Black Friday. 2004 Wal-Mart buys the Amigo chain of stores in Puerto Rico for $17 million. Founder By American retail legend Sam Walton, who opened his first store in Rogers, Arkansas, Wal-Mart has grown to become the world's largest retail giant. Statistics Wal-Mart has opened more than 5,000 shopping malls or membership stores in the United States and nine other countries*** including Mexico, Canada, Germany and China. Wal-Mart Statistics Stateside U.S. Quantity Wal-Mart Discount Stores 1,353 Wal-Mart Shopping Plazas 1,713 Sam's Club Stores 552 Wal-Mart Community Stores 85 Total: 3,703 Outside the U.S. Quantity Mexico 697 Puerto Rico 54 Canada 262 Argentina 11 Brazil 149 China 48 South Korea 16 Germany 91 U.K. 283 Total: 1,611 Employees U.S. More than 1.26 million International Over 400,000 Total: 1.7 million Distribution centers 110 Wal-Mart in China Wal-Mart currently operates 48 stores (43 shopping malls, 3 membership stores, and 2 community stores) in large and medium-sized cities in mainland China, including Shenzhen, Dongguan, Shantou, Kunming, Fuzhou, Xiamen, Wuhan, Changsha, Nanchang, Dalian, Shenyang, Changchun, Harbin, Jinan, Qingdao, Nanjing, Tianjin, Taiyuan, Chongqing, and Shanghai. 2 community stores). Corporate Culture As the world's largest enterprise Wal-Mart has its own unique corporate culture, the basic principles of corporate culture are: respect for individuals, customer service, the pursuit of excellence

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