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Wal-Mart


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2019 El Paso shooting

On August 3, 2019, a mass shooting occurred at a Walmart store in El Paso, Texas, United States. In the terrorist attack, a far-right gunman killed 23 people and injured 23 others. The Federal Bureau of Investigation is investigating the shooting as an act of domestic terrorism and a hate crime. The shooting has been described as the deadliest attack on Latinos in modern American history.Patrick Wood Crusius, a 21-year-old from Allen, Texas, was arrested and charged with capital murder in connection with the shooting. Police believe a manifesto with white nationalist and anti-immigrant themes, posted on the online message board 8chan shortly before the attack, was written by Crusius; it cites the year's earlier Christchurch mosque shootings in New Zealand and the far-right conspiracy theory known as the Great Replacement as inspiration for the attack.

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Asda

Asda Stores Ltd. () (often stylised as ASDA) is a British supermarket chain. It is headquartered in Leeds, England. The company was founded in 1949 when the Asquith family merged their retail business with the Associated Dairies company of Yorkshire. It expanded into Southern England during the 1970s and 1980s, and acquired Allied Carpets, 61 large Gateway Supermarkets and other businesses, such as MFI Group. It sold these acquisitions during the 1990s to concentrate on the supermarkets. It was listed on the London Stock Exchange until 1999 when it was acquired by Walmart for £6.7 billion. Asda was the second-largest supermarket chain in the United Kingdom between 2003 and 2014 by market share, at which point it fell into third place.Besides its core supermarkets, the company also offers assistance for insurance and payment services and a mobile phone provider. In February 2021, the Issa brothers (Mohsin and Zuber) and TDR Capital acquired Asda. Walmart retains "an equity investment" in Asda, a seat on the board and "an ongoing commercial relationship".

Wikipedia


Criticism of Walmart

The American multinational retail chain Walmart has been criticized by many groups and individuals, such as labor unions and small-town advocates, for its policies and business practices, and their effects. Criticisms include charges of racial and gender discrimination, foreign product sourcing, anti-competitive practices, treatment of product suppliers, environmental practices, the use of public subsidies, and its surveillance of its employees. The company has denied any wrongdoing and said that low prices are the result of efficiency.In 2005, labor unions created new organizations and websites to criticize the company, including Wake Up Walmart (United Food and Commercial Workers) and Walmart Watch (Service Employees International Union). By the end of 2005, Walmart had launched Working Families for Walmart to counter those groups. Efforts to counter criticism include a public relations campaign in this same year, which included several television commercials. The company retained the public relations firm Edelman to interact with the press and respond to negative media reports, and has started working with bloggers by sending them news, suggesting topics for postings, and inviting them to visit Walmart's corporate headquarters. In November 2005, a documentary film critical of Walmart (Walmart: The High Cost of Low Price) was released on DVD. Critics say that Walmart's lower prices draw customers away from smaller Main Street businesses, hurting local small-town communities, and that the company hurts the United States economy by relying excessively on Chinese-produced products – Walmart is the largest importer in the United States in many categories, such as electronics and fast-moving consumer goods. The 2006 book The Walmart Effect by business journalist Charles Fishman contains much of the criticism, though it also enumerates Walmart's positive impacts within society. Some libertarian economists, such as those at the Cato Institute, claim that Walmart is successful because it sells desirable products at low prices.

Wikipedia


History of Walmart

The history of Walmart, an American discount department store chain, began in 1950 when businessman Sam Walton purchased a store from Luther E. Harrison in Bentonville, Arkansas, and opened Walton's 5 & 10. The Walmart chain proper was founded in 1962 with a single store in Bentonville, expanding outside Arkansas by 1968 and throughout the rest of the Southern United States by the 1980s, ultimately operating a store in every state of the United States, plus its first stores in Canada, by 1995. The expansion was largely fueled by new store construction, although the chains Mohr-Value and Kuhn's Big K were also acquired. The company introduced its warehouse club chain Sam's Club in 1983 and its first Supercenter stores in 1988. By the second decade of the 21st century, the chain had grown to over 11,000 stores in 27 countries.

Wikipedia


Walmart

Walmart Inc. ( ; formerly Wal-Mart Stores, Inc.) is an American multinational retail corporation that operates a chain of hypermarkets (also called supercenters), discount department stores, and grocery stores from the United States, headquartered in Bentonville, Arkansas. The company was founded by Sam Walton in nearby Rogers, Arkansas in 1962 and incorporated under Delaware General Corporation Law on October 31, 1969. It also owns and operates Sam's Club retail warehouses.As of April 30, 2022, Walmart has 10,585 stores and clubs in 24 countries, operating under 46 different names. The company operates under the name Walmart in the United States and Canada, as Walmart de México y Centroamérica in Mexico and Central America, and as Flipkart Wholesale in India. It has wholly owned operations in Chile, Canada, and South Africa. Since August 2018, Walmart holds only a minority stake in Walmart Brasil, which was renamed Grupo Big in August 2019, with 20 percent of the company's shares, and private equity firm Advent International holding 80 percent ownership of the company. Walmart is the world's largest company by revenue, with US$548.743 billion, according to the Fortune Global 500 list in 2020. It is also the largest private employer in the world with 2.2 million employees. It is a publicly traded family-owned business, as the company is controlled by the Walton family.

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Walmart Canada

Walmart Canada is the Canadian subsidiary of Walmart which is headquartered in Mississauga, Ontario. It was founded on March 17, 1994, with the purchase of the Woolco Canada chain from the F. W. Woolworth Company. Originally consisting of discount stores, Walmart Canada's contemporaries and competitors include Giant Tiger, Home Hardware, Canadian Tire, Mark's, Sport Chek, GameStop, Dollarama, Winners, HomeSense, Rossy, Staples Canada, and Michaels. Based on the success of the US format, Walmart Canada has focused on expanding Supercentres from new or converted locations, offering groceries which puts them in the same market as supermarket chains such as Loblaws, Real Canadian Superstore, Atlantic Superstore, Your Independent Grocer, No Frills, Metro, Sobeys, Foodland, Thrifty Foods, Safeway, Save-On-Foods, Country Grocer, Fairway Markets, Quality Foods, Co-op and others. Walmart is the second largest retailer in Canada by revenue. As of April 30, 2022, Walmart Canada has 408 stores operating, including 343 supercentres and 65 discount stores in almost every province and territory except for Nunavut. Walmart Canada's principal developer and landlord is SmartCentres; other significant landlords include Riocan and First Capital Realty. It is a participant in the voluntary Scanner Price Accuracy Code managed by the Retail Council of Canada.

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Walmart Watch

Walmart Watch, formed in the spring of 2005, is a joint project of the Center for Community and Corporate Ethics, a nonprofit organization studying the impact of large corporations on society and its advocacy arm, Five Stones. The Walmart Watch group is based in Washington with the claimed goal to challenge Walmart to become a better employer, neighbor, and corporate citizen in order to improve the wages, health benefits, and treatment of workers. One of Walmart Watch's initial attacks against Walmart was setting up an automated phone system that called 10,000 people in Arkansas in efforts to find individuals who would share secrets about the practices of Walmart on their workers. As a result of this automated phone system attack, Walmart Watch created a 24-page report revealing the company's wages and benefits. Walmart Watch's goal was to get the inside scoop on Walmart's practices, in hope that they would be less than respectable, to show the public the "ugly truth" behind Walmart. Walmart Watch launched a "Higher Expectations" campaign called "Higher Expectations Week" as an attempt to bring the business practices of Walmart to the public eye. "Higher Expectations Week" was supported by many labor unions and liberal groups that partnered and participated with Walmart Watch during the week of the campaign. It has recently merged with Wake Up Wal-Mart to form Making Change at Walmart.

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