Roanoke Times Copyright (c) 1995, Landmark Communications, Inc. DATE: SUNDAY, August 15, 1993 TAG: 9308120083 SECTION: BUSINESS PAGE: F-2 EDITION: METRO SOURCE: By The Associated Press DATELINE: LENGTH: Medium
Wal-Mart trucks travel 240 million miles a year, equivalent to 1,000 trips from the Earth to the moon (or several trips to Venus and Mars).
Each year, Wal-Mart sells enough underwear, 271 million pairs in 1991, to outfit every American. (Not to mention 280 million pairs of socks.)
The fishing line sold by Wal-Mart would run 600,000 miles, or 24 times around the Earth.
Projected fiscal 1994 sales: $69 billion, up from $55.5 billion in the year ended Jan. 31, 1993.
Ranking among all U.S. corporations: No. 3 in market value; No. 7 in profits; No. 8 in sales ("1993 Business Week 1000"); No. 3 in business peers' respect (Fortune's 1993 "America's Most Admired Corporations").
A typical Wal-Mart distribution-warehouse center building is 1.1 million square feet, or as big as 23 football fields, with up to 135 doors for unloading merchandise on the receiving end and space for about 30 Wal-Mart trucks on the shipping end.
Wal-Mart has more than 1,900 stores in 45 states, with about 150 more added annually. It employs about 470,000 people.
Value of Wal-Mart employees' profit-sharing holdings: About $2 billion.
Walton family's estimated wealth: About $25 billion. ($1 billion placed in a money market account at 3.15 percent interest would earn $85,479 every day, Fortune calculates.)
\ Sources: Wal-Mart Stores, Inc.; "Sam Walton: Made in America, My Story"; Business Week; Forbes; Fortune.
by CNB