Wal-Mart Stores (Wal-Mart or ‘the company’) is the largest retail company in the world; it operates retail stores in various formats including supercenters, discount stores and neighborhood markets. On January 31, 2008, Wal-Mart operated 971 discount stores, 2,447 supercenters, 132 neighborhood markets and 591 Sam’s Clubs in the US. Internationally, the company operated units in Argentina, Brazil, Canada, Costa Rica, El Salvador, Guatemala, Honduras, Japan, Mexico, Nicaragua, Puerto Rico, the UK and China.The company is headquartered in Bentonville, Arkansas and employs about 2.1 million people.
The company recorded revenues of $378,799 million in the fiscal year ended January 2008, an increase of 8.6% over 2007. The operating profit of the company was $21,996 million in the fiscal year 2008, an increase of 7.3% over 2007.The net profit was $12,731 million in the fiscal year 2008, an increase of 12.8% over 2007.