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Wal-Mart Stores, Inc. (NYSE: WMT) is a public corporation based in the United States, currently not only the world’s largest retailer but also the largest corporation.^[2] It was founded by Sam Walton in 1962, incorporated on October 31, 1969, and listed on the New York Stock Exchange in 1972. It is the largest private employer in the United States (US) and Mexico.^[3] Wal-Mart is the largest grocery retailer in the United States, with an estimated 20% of the retail grocery and consumables business,^[4] and the largest toy seller in the United States, with an estimated 45% of the retail toy business, having surpassed Toys “R” Us in the late 1990s.^[5] As of March 8, 2007, revenue was $2.0 billion higher than the previous year’s results.^[6]

Internationally, Wal-Mart operates in Mexico as Walmex, in the United Kingdom (UK) as ASDA and in Japan as The Seiyu Co., Ltd.. Wholly owned operations are located in Argentina, Brazil, Canada, Puerto Rico, and the UK. Wal-Mart’s investments outside North America have produced mixed results. In 2006, Wal-Mart sold its retail operations in South Korea and Germany.

Something about Finance

 According to —–listings^[2], in 2006 Wal-Mart ranked at number 67 of the 100 largest corporations in terms of profitability (profits divided by total revenue), behind retailers Home Depot, Dell and Target, and ahead of Costco and Kroger. For the fiscal year ending January 31, 2006, Wal-Mart reported net income of $12.178 billion on $344.992 billion of sales revenue (3.5% profit margin).^[21] As of March 8, 2007, revenue was $2.0 billion higher than the previous year’s results.^[6] For the fiscal year ending January 31, 2006, Wal-Mart’s international operations accounted for approximately 20.1% of total sales.

Their Backbone

Do u know that According to a 2004 New York Times article, Wal-Mart had enough storage capacity to contain twice the amount of all the data available on the Internet; or, roughly 460 terabytes of information. 

Area 71 is the unofficial title for Wal-Mart’s 125,000-square-foot datacenter which is located in Caverna, Missouri right across state lines from Arkansas. The datacenter has a supposed capacity of over 460 terabytes of data, or 460,000,000,000,000 bytes of data. Area 71 is built directly on top of bedrock which gives it maximum strength to withstand many natural and man made disasters. It is also self sufficient with generators and the capability to retain data link with the Wal-Mart network using copper wire, fiber optic cable, or satellite communications. Some speculate that the datacenter was created to link video footage with customers buying products to build a database as to when and what kind of person buys a certain product. It can also be used to develop trends in purchasing before major events (i.e. natural disasters, holidays) so that Wal-Mart executives can better stock store shelves in anticipation of this event.[1]

Wal-Mart also uses Area 71 to control many functions of Wal-Mart stores. This includes but its not limited to turning the lights on and off, adjusting the climate control, and playing the in store music. Also run from the data center is the computer system that employees use to “clock in” at each location and also provides email to keep employees informed of events that are pertinent to their job function.