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Wal-Mart Finance - Essay Example
Author : matilde20
Finance & Accounting
Pages 8 (2008 words)
Wal-Mart a) Introduction Wal-Mart is the largest retailing chain and a business leader in the retail industry. It is also one of the largest employers in America, Mexico and Canada. Wal-Mart has above 8600 retailing agents under 59 diverse subsidiaries in 15 nations around the globe…
In US, Wal-Mart operates over 4,300 stores and also operates the Sam’s Club chain. Wal-Mart Stores US have different subsidiaries namely Wal-Mart Discount Stores in 692 locations, Wal-Mart Supercentres in 2933 locations, Wal-Mart Neighborhood Markets in 183 locations, SAM’s CLUB in 609 locations and small format stores. In Argentina, Wal-Mart has 4 subsidiaries with 64 retail chain units. Wal-Mart has 10 subsidiaries in Brazil with 484 units in their retail chain. Wal-Mart Canada has 2 subsidiaries with 325 units of retail outlets. In Chile, there are 285 units in their retail chain under 6 subsidiaries. In China Wal-Mart have 6 subsidiaries under which there are 338 units. In Costa Rica Wal-Mart have 4 subsidiaries with a retail chain of 183 units. Under Mexico y Centroamerica there are 3 subsidiaries also performs business in El Salvador with 78 retail chain units. In Germany, Wal-Mart had 85 stores which were taken over by Metro and now Wal-Mart has no operational activities in Germany. (Wal-Mart abandons German venture) In India Wal-Mart have 6 retail chain units under the subsidiary called as Best Price. Mexico y Centroamerica also operates at Guatemala, Honduras and Nicaragua with 177 units, 58 units and 62 units of retail outlets under them. In Mexico Wal-Mart have 1789 retail outlets under 6 subsidiary of Walmart de Mexico y Centroamerica. ...
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