Walmart – World’s Largest Retail Chain


You don’t have to be from the U.S. to know of Walmart, the largest retail chain in the world. It is owned by the Walton family (possibly the richest family in the world). It has been around since 1962 and has since grown to unbelievable proportions.

Over the years they have opened stores all over the US, Canada and Mexico. And it doesn’t stop there. The Walton family and the Walmart Corporation own many other retail chains in 28 different countries, including: China, Germany, India, Brazil, and the UK. So even if you don’t live in the United States, you are probably still buying at Walmart, you just don’t know that.

So what makes this such a big deal?

Well the fact of the matter is that Walmart is so big, it’s disturbing. When you hear about the size and the numbers that are attributed to Walmart, it’s hard not to think about things like “monopoly” and “exploitation”. Here is some food for thought, I’m willing to bet that neither you nor your loved ones who shop there know all of this:

* Globally, Walmart says it employs 2.2 million people and it’s very likely it employs even more then that. That huge number of people is more than America’s active military personnel (1.43 million) and almost the size of the Chinese army (2.29 million.)

* There are around 4,540 Walmart stores in the United States, more than double the number of stores in other food retail chains. There are even more Walmart International locations, over 6,301 as of March 31th 2015. More than 90% of its international stores operate under names other than Walmart, such as Asda, Bodega Aurrera, Seyiu, Best Price, Trust-Mart Hypermarket, and Todo Dia.


* The net profit of Walmart, after taxes and paying preferred dividends, was around $15.88 billion in 2014. And that’s only profit, not sales!

* Out of the 10 richest Americans, four are members of the Walton family. They’re worth more than $30 billion each, just six members of the family combined would hold more wealth than the bottom 40% of the American people.

* Walmart’s CEO, Douglas McMillon, is presumed to be paid 1,034 times more than the average Walmart worker. That is by far one of the biggest top-to-bottom differences I have ever heard about.

* Walmart says it’s visited by almost 140 million shoppers a week in their U.S. stores. That’s the equivalent of about 44% of the American population.

* If you take the size of all the Walmart’s stores and combine it, it will exceed the size of Manhattan.


* Since Walmart is one of the biggest US gun retailers, it’s no shock that it’s a frequent scene for shooting incidents. It is estimated that there were 92 shooting incidents last year, and 83 in 2013.

* The Walmart Corporation and Foundation have donated $1.4 billion in cash and in-kind contributions around the world last year, which makes it one of the most charitable companies in absolute terms. And yet this is less than 0.1% of the net worth of the Walton Family Foundation and rumored to actually be a legal loophole to avoid taxing.

Source: John K./BabaMail

Malaysia Merdeka!


Twin Towers of Pernas Symbolically Malaysian Pride

Malaysia has been promoted in the spirit of tourism

as “Truly Asia” . . . a melting pot of different colour & racial origin.

It’s only superficially true, for sadly beneath it all there’s much

lamentation, dissatisfaction, discrimination, polarisation, marginalization

& exploitation amongst the population.

The best kept secret is a political one in that there’s no such thing as

a Malay race, as would be defined anthropologically. Ironically, it’s

playing a ‘authoritarian’ political role over & above two of the world’s greatest

racial Chinese & Indian components.

Today 31 August Malaysia celebrates its 52nd. independence from the British colonial rule. To me, 31 August 1957 was particularly significant & auspicious, for I was there in the thick of it celebrating the first Merdeka. Being the last batch of the Queen’s Scouts from St. George’s Institution, Taiping, I was chosen to march in the Merdeka Parade in Kuala Lumpur. For a young lad this was a thrill beyond all imagination. I was, without doubt, extremely proud to be a Malaysian.

Merdeka '57Myself in Merdeka Parade (31 Aug. 1957) – Second from right (Fourth row from front)

That kind of pride was even evident when we were all training to be teachers on Malaysian government scholarship in Kirkby College, Liverpool, England. We were a closely knit community of some 300 students in a foreign land studying & living in peace & harmony. It was a beautiful blend of racial mix – “truly Asia” as the present Minister for Tourism would advertise as such.

Just when you think Malaysia was such a paradise with durian & rambutan, “cha kwei teow” & “laksa” or “mee rebus”, “nasi lemak” & chicken rice, celebrating together Hari Raya, Chinese New Year & Deepavali, there exploded the racial riot of 13 May 1969 – all because of politics. Sadly, the days ahead have never been the same – no longer gay. Ever since, even with modernisation of highways & freeways, it’s downhill all the way!

All roads lead to a deteriorating state of social, economic & political quagmire. The way things are there’s nothing to be admired. Nothing to fulfil one’s hope, dream & aspiration nor would it thrill your heart’s desire.

Without looking afar, Malaysia pales in significance by far in comparison even just across the causeway. Singapore, an island state, deemed to fail upon its separation from Malaysia & without any natural resources like Malaysia, is laughingly way ahead in all spheres of development.

Politics is a dirty game.

It only enriches the class playing the same.

The population at large hardly have much to gain.

All Malaysians without exception must realise this. They need to rise and stand up to be counted. Prosperity must be equitably spread for posterity in perpetuity.

In closing, may I urge you to read my previous post on “Tun Dr Mahathir Mohamad” to get a better & further insight that plagued the nation of Malaysia.

Paul Chong

A Chinese by Descent

An Australian by Consent

Monday, 31 August 2009