Wal-Marts Victory.docVIP

 PAGE \* MERGEFORMAT 29 Wal-Mart’s Victory This is a story of half a century of sports! In this passionate story has emerged, such as K-Mart, Carrefour and many other RAO a warrior dancers. But as the story of the ups and downs, gorgeous noise faded, finally, the stage lights fall on a Wal-Mart’s focus - the lonely dancer body. Late last month, the United States ‘Forbes’ magazine published in 2002 the world’s richest list, Walton family, 5 persons total assets up 9.8 billion U.S. dollars were a record 102.9 billion U.S. dollars of the historical record has become truly global family, the most . The latest figures show that the U.S. retail giant Wal-Mart, 48 weeks a row created by the brilliant record, so that annual revenues in 2001 amounted to 220 billion U.S. dollars, exceeding the previously top-ranked Exxon Mobil reached 7 billion U.S. dollars of the more. It appears that in 2002, ‘Global 500’ rankings were set aside to hold the event a foregone conclusion. In fact, Wal-Mart is just a symbol of victory. It means a manufacturer of world domination by era has passed, an era of retail is king. The Wal-Mart’s history is actually a ‘retail is king’ of history! In the last century 50’s got started, Wal-Mart’s reliance on sales of P amp;amp; G started, when, retailers rely on manufacturers to give them an opportunity to feed themselves. However, data analysis shows that annual sales, manufacturing and retail center of gravity compared to the retail industry is being tilted, P amp;amp; G earned 30 billion U.S. dollars a year now, but it brought out, the retail giant The year has earned more than 200 billion U.S. dollars. We can say that Wal-Mart’s victory is a real service economy encouragement (to know that before 1995 the world’s top 500 companies in the service industry is nowhere in the basic hard to find)! British ‘Financial Times’ prediction a decade ago - 21 century, the world’s largest companies will no longer be a traditional iron and steel magnate or