Walmart, vs Target?

According to Webster: “com·merce,” The buying and selling of goods, especially on a large scale.

 Walmart superstore 1

Walmart, is an American multinational retailer corporation that runs chains of large discount department stores and warehouse stores. The company is the world’s third largest public corporation, according to the Fortune Global 500 list in 2012. It is also the biggest private employer in the world with over two million employees, and is the largest retailer in the world. Walmart remains a family-owned business, as the company is controlled by the Walton family who own a 48 percent stake in Walmart. It is also one of the world’s most valuable companies.

The company was founded by Sam Walton in 1962, incorporated on October 31, 1969, and publicly traded on the New York Stock Exchange in 1972.

It is headquartered in Bentonville, Arkansas. Walmart is also the largest grocery retailer in the United States. In 2009, it generated 51 percent of its US$258 billion sales in the U.S. from grocery business. It also owns and operates the Sam’s Club retail warehouses in North America.

Walmart has 8,500 stores in 15 countries, under 55 different names. The company operates under the Walmart name in the United States, including the 50 states and Puerto Rico. It operates in Mexico as Walmex, in the United Kingdom as Asda, in Japan as Seiyu, and in India as Best Price. It has wholly owned operations in Argentina, Brazil, and Canada. Walmart’s investments outside North America have had mixed results: its operations in the United Kingdom, South America and China are highly successful, whereas ventures in Germany and South Korea were unsuccessful. (Source, Wikipedia).

 target superstore 1

Target, is an American retailing company headquartered in Minneapolis, Minnesota. It is the second-largest discount retailer in the United States, behind Walmart. The company is ranked at number 38 on the Fortune 500 as of 2012 and is a component of the Standard & Poor’s 500 index.

Its bullseye trademark is licensed to Wesfarmers, owners of the separate Target Australia chain which is unrelated to Target Corporation.

The company was founded in 1902 in Minneapolis as the Dayton Dry Goods Company, though its first Target store was opened in 1962 in nearby Roseville, Minnesota.

Target grew and eventually became the largest division of Dayton Hudson Corporation, culminating in the company being renamed as Target Corporation in August 2000. On January 13, 2011, Target announced its expansion into Canada. Target will operate 100 to 150 stores in Canada by 2013, through its purchase of leaseholds from the Canadian chain Zellers. (Source, Wikipedia).

 slim Pickens blazing saddles

Question: Borrowing (a “great” line from Slim Pickens) ..from the movie “Blazing Saddles, ..“where in the wide, wide world of sports,”..does it leave us little People?

Scrooge McDuck 1

How much is enough?

 mom and pop stores 3 sig

mom and pop stores rest in peac

Although I appreciate the prices at Walmart and Target as much as anyone, the reasoning side of my brain still can’t accept the concept that Walmart and Target’s buying and selling practices are good for the future of mankind.

 steppingstones 3a

 

Question: Where does one go from being a stepping stone?

Think about it, I’ll be back tomorrow

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Crusader Rabbit…

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