Lesson15-WalMartEarns419Billion

Lesson15-WalMartEarns419Billion - Lecture 15 Lecture March...

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Lecture 15 Lecture 15 March 28, 2011 March 28, 2011 Walmart earned over $419 billion in revenue in 2010
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This Week Monday: Walmart earned over $419 billion in 2010 (Lesson 15) Ruppel Shell What are the social costs of cheap stuff? Wednesday: Nearly three million homes have been repossessed over the last three years (Lesson 16) Read Andrews, Ch. 12 What is reverse redlining? How is it done?
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Some Facts on Wal-Mart Over 200 million Customers per week 8,416 retail units In 15 countries 8% of consumers' total annual expenditures on retail goods 21% of consumers' total annual expenditures on groceries Over 2.1 million employees Ranked first in Fortune Magazine’s 2009 Most Admired Companies survey Over $400 million in charity Employees do million volunteer hours each year Source: walmartstores.com
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How does Wal-Mart Keep Prices Low? Economies of Scale
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Lesson15-WalMartEarns419Billion - Lecture 15 Lecture March...

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