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Wal-Mart Economics

Four years ago, Fast Company wrote about Wal-Mart — and the article is still pretty interesting:

Wal-Mart is not just the world’s largest retailer. It’s the world’s largest company—bigger than ExxonMobil, General Motors, and General Electric. The scale can be hard to absorb. Wal-Mart sold $244.5 billion worth of goods last year. It sells in three months what number-two retailer Home Depot sells in a year. And in its own category of general merchandise and groceries, Wal-Mart no longer has any real rivals. It does more business than Target, Sears, Kmart, J.C. Penney, Safeway, and Kroger combined.

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