Globalization Has Been Very Good for Wal-Mart
Interesting Wal-Mart Facts
1962: Wal-Mart opens its first store in Rogers, Arkansas.
1991: Wal-Mart opens its first international store in Mexico.
2009: Wal-Mart operates 3,720 international units and 4,275 stores in the U.S., for a total of almost 8,000 stores worldwide.
In other words:
1. Wal-Mart grew from 1 store in 1962 to 8,000 stores worldwide 47 years later (2009), for an annual compounded growth rate in new Wal-Mart stores of 21.1%.
2. Wal-Mart's international operations grew from 1 store in 1991 to 3,720 stores 18 years later, which is an annual growth rate of almost 58%.
3. Wal-Mart went from a 100% domestic company in 1991 to a company with 46.5% of its stores outside the U.S. in 2009.