News By Topic
Merchandising
Wal-Mart stores serve millions of people around the globe each day – and we do our best to ensure that the products on our shelves reflect the diverse needs and wants of our customers. Our “Store of the Community” concept is helping us ensure we continue to do just that. Whether it’s locally-grown produce, the hottest seller in electronics or ever-changing seasonal items, we do our best to have the right product in the right place, right when our customers need it.
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Charitable Giving
At Wal-Mart, we believe in a philosophy of operating globally and giving back locally. We are proud to be a "store of the community" for all of the communities we serve by helping to provide financial and volunteer support to more than 100,000 charitable and community-focused organizations, and by utilizing our locations to provide opportunities for our customers and associates to give back.
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Sustainability
At Wal-Mart, we know that being an efficient and profitable business and being a good steward of the environment are goals that can work together. Our environmental goals at Wal-Mart are simple and straightforward: To be supplied 100 percent by renewable energy; to create zero waste; and to sell products that sustain our resources and the environment.
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Economic Opportunity
Wal-Mart’s overall impact on the retail industry and beyond has changed the way business is conducted globally, and increased consumer benefits — regardless of where they shop. From raising tax revenues and lowering overall pricing on goods, to boosting customer traffic at surrounding stores and creating new jobs, Wal-Mart takes every opportunity to be a good neighbor and to provide economic advancements in communities it serves throughout the world. Learn more.
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International Operations
Wal-Mart International stores, just like those in the U.S., provide excellent customer service and convenience and they offer working families the things they need at prices they can afford. At Wal-Mart, we go to great lengths to ensure our international stores reflect the local needs and wants of our customers, and we work hard to make sure our stores are seen as vital partners in communities. This approach is the reason Wal-Mart is being welcomed into country after country around the globe, and its also why we have tremendous potential to continue our rapid growth internationally. Learn more about our International operations here.
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Employment and Diversity
Diversity is a way of life at Wal-Mart. And our commitment to diversity is not just something we talk about, it’s who we are. Our dedication to diversity extends from our board of directors, to our associates; from our suppliers, to our customers; and to every aspect of our business. We have long maintained diversity initiatives, including personnel practices and supplier programs, to help build and retain a diverse workforce and supplier base along with varied community outreach programs.
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Health Care
Every business in America is dealing with the rising cost of health care and shares a concern about the number of Americans who are uninsured. At Wal-Mart and Sam’s Club, millions of working Americans put their trust in us, and we take that trust very seriously. We believe everyone should have health care coverage, and there are a number of ways that can happen. That’s why we continue to work hard to find affordable, accessible health benefit solutions for our associates and their families.
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Lee Scott
The latest news from Wal-Mart President and CEO Lee Scott.
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Associate Benefits
At Wal-Mart, we’re proud to offer our associates a host of benefits, including affordable health and dental coverage, 401(K) / profit-sharing plans, and bonuses and other incentives.
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Disaster Relief
At Wal-Mart, helping communities is what we do every day. And when a crisis strikes, that charge becomes an even greater priority. From hurricanes in the Southeast, to brush fires in the Southwest; from earthquakes in the West to snow storms in the Northeast, we have assisted with numerous response and relief efforts over the years. Learn about our hurricane relief efforts.
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Financial
Net sales for the third quarter of fiscal year 2009 were approximately $97.6 billion, an increase of 7.5% over the third quarter of fiscal year 2008. Net income for the quarter was $3.033 billion, which is 6.6% above the third quarter of fiscal year 2008.
Diluted earnings per share for the third quarter were $0.77, up from $0.70 per share in the same prior year quarter.
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Store Openings
In the month of October, Wal-Mart will celebrate the grand opening of 27 stores including 25 new, relocated or expanded Supercenters and two new Neighborhood Markets.
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