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The Wal-Mart You Don't Know, and the Eventual U.S. Decline

  • November 15, 2003

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. It does more business than Target, Sears, Kmart, J.C. Penney, Safeway and Kroger combined. What almost no one outside the world of Wal-Mart and its 21,000 suppliers knows is the high cost of those low prices. Wal-Mart has the power to squeeze profit-killing concessions from vendors. The only solution for many companies is to use overseas...