Internship
CEO: H. Lee Scott Jr.
Business: General Retail
Revenues: $ 378,799 millions
Profits: $ 12,731 millions
website: www.walmartstores.com
Historic Review
Such as the first store of Wal-Mart, Wal-Mart nowadays is still insisting its belief-Save Money, Live Better. The following events reflect the whole developing process of Wal-Mart since 1960s.
1960s
1962: The first store of Wal-Mart was founded by Sam Walton (1918-1992) in Rogers in Arkansas.
1969: Wal-Mart Ltd was first established in 31 October 1969.
1970s
1970: The central office was build in Bentonville in Arkansas , and the first delivery centre was founded.
1972: Wal-Mart was listed in the NYSE (New York Stock Exchange)
1980s
1983: the first Sam membership store was founded in the middle west of Oklahoma state.
1984: David Glass take up the job of CEO.
1987: the satellite network was being completed and it was the largest personal satellite system in the USA.
1990s
1990: Wal-Mart became the biggest retailer in the USA.
1991: Wal-Mart opened the first store in Mexico, which marked Wal-Mart stepped into international market.
1992: Walton, S. Robson replaced David Glass as the CEO of Wal-Mart.
1992: Wal-Mart entered into Puerto Rico.
1993: the international office was founded.
1993: the sales of a single week first reached up to 1 billion in December 1993.
1994: Wal-Mart purchased 122 Woolco shops.
1995: Wal-Mart turned up in Argentina and Brazil.
1996: Wal-Mart established co-partnership company in China.
1997: the stock of Wal-Mart became was involved in Jones Industrial Average Index
1998: Wal-Mart purchased 21 Wertkauf stores in Germany, which resulted in its German market.
1999: Wal-Mart purchased 129 ASDA supermarkets and opened its market in UK.
21 Century
2000: Wal-Mart was ranked the fifth of Fortune Global 500 Companies.
2000:Lee Scott became the President and CEO of Wal-Mart.
2001: Wal-Mart was on the top of the Fortune Global 500 Companies.
2002: Wal-Mart developed its market into Japan.
2004: Wal-Mart held the Global Board of Directors Conference in Shenzhen in China.
2007&2008: Wal-Mart stayed at the first place of Fortune Global 500 companies.
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