Business International
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Business International
...... Wal-Mart currently operates 3,600 stores worldwide and the wholly owned operations are encountered in Argentina, Brazil, Canada, Puerto Rico and England. The total number of worldwide employees raises up to 1.8 million, and the annual average of the income generated by these divisions is of an estimated $90 billion. In 2008, a strong 20.1 percent of the multinational's revenues were generated by the sales accomplished by the international divisions (Website of the Wal-Mart Stores, 2009). In 2009, the numbers are expected to grow to at least 25 percent. In choosing their locations, the Wal-Mart officials used two criteria aiding the people in the region by helping them save money, and also, ensuring sufficient levels of profitability for the company (40-29 TvCom, 2009)
Carrefour
Carrefour S.A. was founded in 1957 in Levallois-Perret, France. The company sells consumer goods through an extensive network spread throughout the entire world. In 2007, the organization employed an estimated 461,260 individuals, and registered a net profit of nearly $2 billion and a gross revenue of more than $82 billion. 54 percent of the entire revenues are generated by the stores outside France. Careffour is the largest retailer in Europe and the second largest retailer
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