(1) Source - http://en.wikipedia.

org/wiki/Walmart#cite_note-125 (2) Employs 2 million employees worldwide (3) In 2011 Global sales of more than Rs 21 Lacs Crores and a net income of Rs 77000 Crores. Out of this 26% were from international operations outside the US. (4) In one, Kenneth Stone, a Professor of Economics at Iowa State University, found that some small towns can lose almost half of their retail trade within ten years of a Walmart store opening. He concludes that small towns are more affected by "discount mass merchandiser stores" than larger towns (5) In another study Professor Kenneth Stone concluded that shop owners who adapt to changes in the retail market can thrive after Walmart (6) A June 2006 article published by the libertarian Ludwig von Mises Institute suggested that WalMart has a positive impact on small business.[134] It argued that while Wal-Mart's low prices caused some existing businesses to close, the chain also created new opportunities for other small business, and so "the process of creative destruction unleashed by Wal-Mart has no statistically significant impact on the overall size of the small business sector in the United States (7) the Economic Policy Institute estimates that between 2001 and 2006, Wal-Mart's trade deficit with China alone eliminated nearly 200,000 U.S. jobs (8) Another study at the University of Missouri found that a new store increases net retail employment in the county by 100 jobs in the short term, half of which disappear over five years as other retail establishments close (9) Global Insight firm found that Walmart's price level reduction resulted in savings for consumers of $287 billion in 2006, which equated to $957 per person or $2,500 per household (up 7.3% from the 2004 savings estimate of $2,329) (10)Walmart's international operations currently comprise 4,263 stores and 660,000 workers in 15 countries outside the United States (11)In the financial year 2010, Walmart's international division sales were $100 billion, or 24.7% of total sales (12)Walmart failed in German market due to several reasons.(1) The existing companies in Germany also worked on low price strategy so Walmart strategy yielded no competitive advantage. (2) Walmarts corporate culture was not viewed positively among employees and customers in Germany. (3) Walmarts Big Box Low Price strategy which worked well in US failed in Germany. In July 2006 Walmart withdrawn from Germany. (13)In May 2006, after entering the South Korean market in 1998, Wal-Mart withdrew and sold all 16 of its South Korean outlets to Shinsegae, a local retailer, for $882 million. Shinsegae rebranded the Wal-Marts as E-mart stores.[ (14)The company's business model is based on selling a wide variety of general merchandise at "always low prices. (15)Each week, about 100 million customers, nearly one-third of the U.S. population, visit Walmart's U.S. stores (16)Walmart customers give low prices as the most important reason for shopping there (17)Labor unions, Christian organizations,[145][146] and environmental groups[147] have criticized WalMart for its policies and/or business practices. In particular, several labor unions blame Wal-

Mart workers' unwillingness to join their organizations on the company's anti-union stance. Others disapprove of the corporation's extensive foreign product sourcing, treatment of employees and product suppliers, environmental practices, and use of public subsidies, and the impact of stores on the local economies of towns in which they operate (18)Full-time Wal-Mart employees earn an average of $10.78 per hour, but critics point out that the starting pay can be far lower placing some employees with children below the poverty line and that payrates do not rise as quickly as with unionized companies