Wednesday 18 January 2012

RE: [www.keralites.net] How Big is Walmart? SCARY

 


I agree with everything you said. Also let me add my 26 years experience in Dallas, Texas, USA and Wal-Mart. 

From milk to most consumer items, the price is the same for the last 26 years.(Milk-$2/Gallon, Onion-3 lbs for a dollar, when the price of petrol more than tripled...) I think more than 50% come from China. Inflation below 2%, exploiting the cheap labor of China(including child labor). Most of the factory jobs are shifted to China, Mexico and other third world countries, pushing America to deflation and depression! Most of the fruits come from third world countries...keeping prices steady for the last 25 years.

Most of the gas stations here are owned and operated by Asians now. They buy things from Wal Mart and Sams, resell it at gas stations for 200 to 300 percent profit! So many other super stores went bankrupt!

RN starting salary increased from $8 to $25/hour in 26 years...Always high respect for nurses and doctors!

Yes, if America decides to cut down imports, China will be in trouble...

Regards

Rajan Mathew, Dallas



To: Keralites@yahoogroups.com
From: SMILE4U786@GMAIL.COM
Date: Sun, 15 Jan 2012 16:52:38 +0530
Subject: [www.keralites.net] How Big is Walmart? SCARY

 

This should boggle your mind!! And Probably scare you as well!

1. At Wal-Mart, Americans spend $36,000,000 every hour of every day.

2. This works out to $20,928 profit every minute!

3.. Wal-Mart will sell more from January 1 to St. Patrick's Day (March
17th) than Target sells all year.

4. Wal-Mart is bigger than Home Depot + Kroger + Target + Sears +
Costco + K-Mart combined.

5. Wal-Mart employs 1.6 million people and is the largest private
employer, and most can't speak English.

6. Wal-Mart is the largest company in the history of the world.

7. Wal-Mart now sells more food than Kroger & Safeway combined, keep
in mind they did this in only 15 years.

8. During this same period, 31 Supermarket chains sought bankruptcy.

9. Wal-Mart now sells more food than any other store in the world.

10. Wal-Mart has approx 3,900 stores in the USA of which 1,906 are
Super Centers ; this is 1,000 more than it had 5 years ago.

11. This year, 7.2 billion different purchasing experiences will occur
At a Wal-Mart store. (Earth's population is approximately7.0
billion.)

12. 90% of all Americans live within 15 miles of a Wal-Mart.

13. The value of product for Wal-Mart passing through the port of San
Diego each year is a larger sum than 93% of ALL countries Gross
National Product (GNP) .....and that is only ONE port ...one way
that's how Wal-Mart gets it's stuff.

14. Of the 1.6 million employees, only 1.2% make a living above the
poverty level.

15. Wal-Mart's head office is located and centralized in Bentonville.
Due to this fact, there are more millionaires per square mile there
than any place on Earth.

16. The official U.S.. Government position is that Wal-Mart's prices
are no lower than anyone else's when compared to a typical families
weekly purchases.
That's the view of the statisticians at the Bureau Of Labor
Statistics (BLS) responsible for calculating the Consumer Price Index
(CPI).

17. 92% of everything Wal-Mart sells, comes from China . Another
4%comes from Chinese owned companies in the U.S. or in 3rd world
Countries.

18. Wal-Mart and MOST large companies, take out life insurance on it's
employees, without their knowing. If an employee dies, ALL the
insurance moneys go to the companies. I.e. An employee making $18,000
per year, dies, and the company might make as much as $1 million. Most
often these moneys, coming from what is commonly referred to as "Dead
Peasant Life Insurance Policies", is paid out to executives as
bonuses. (A common practice, unknown by the average consumer).

19.. Wal-Mart now averages a "profit" (not sales) of $36 billion per year.

20. Let Wal-Mart bail out Wall Street. If not, consider shopping someplace else.

If we closed all the Wal-mart stores would China go bankrupt?????????

ISMAIL CHOHAN
www.keralites.net

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