October 26, 2003Is Wal-Mart Too Powerful?In business, there is big, and there is Wal-Mart. With $245 billion in revenues in 2002, Wal-Mart Stores Inc. is the world's largest company. It is three times the size of the No. 2 retailer, France's Carrefour. Every week, 138 million shoppers visit Wal-Mart's 4,750 stores; last year, 82% of American households made at least one purchase at Wal-Mart. "There's nothing like Wal-Mart," says Ira Kalish, global director of Deloitte Research. "They are so much bigger than any retailer has ever been that it's not possible to compare."Posted by Norm M. Wada at October 26, 2003 9:48 PM | TrackBack Related Categories: Industry - Retail | Theme - 'Wal-Mart'inizing the World' E-mail This Story
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