Walmart
While entering Wal-Mart, we do not need anything to have a Wal-Mart card because it welcomes everyone to enter, but for the BJ’s and Sam’s Club, we are need to have the member card because it only accept their member to enter. Also, becoming the member in these two stores, we need to pay the member each year just same as renew the card every year. Although these two stores are big and people can also buy cheap things from there but their location is far and only have one store in each location. For example, there are two BJ’s stores located in Philadelphia and one is 25 minutes away and other is 35 minutes away from my house. The only store that I know about Sam’s Club is near the mall which is around 25 to 30 minutes away. For people that have car, it is okay for them to go there but for people that don’t have car, they would rather selected Wal-Mart then BJ’s or Sam’s Club since Wal-Mart always have the store need house.
In 2006, Wal-Mart was 67th most profitable corporation (profits divided by total revenue). For the budget year ending January 31, 2006, Wal-Mart reported a net income of $12.178 billion on $344.992 billion of sales revenue which is 3.5% of the profit margin. For the budget year ending in January 31, 2006, Wal-Mart's international operations accounted for about 20.1% of total sales. As of the March 06, 2008, the net sales for the 4-week period ending Feb 29, 2008 was $29.1 billion and it is up to 8.9% from the previous year's results. As we can see, Wal-Mart is increasing within every year. Also, it is about 1.8 millions employees that work in Wal-Mart over the countries of United States, Canada, and Mexico.
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