The statistics that we are presented with are often not the best. There are times when you can really use statistics in your decision making, but not so much when it comes to the business or economics that you are in. Statistics can be misleading, but they can also help you make informed decisions.
We have a few statistics to get us started. First, let me introduce you to the “Big Six”.
The Big Six are the largest businesses or organizations in the U.S. and abroad. They include: Walmart, Amazon, Apple, Microsoft, Google, and Facebook. The Big Six have more than $1 trillion in annual revenue. It also has some very important stats: The Big Six has the second highest market capitalization of all companies in the country after the Koch Brothers. One of the companies in the Big Six is Walmart, which is the largest employer in the U.S.
The Big Six are the most profitable companies in the U.S. and abroad.
Walmart is only a small chunk of the economy. Its stock market index is higher than it is in the United States, but its index has increased from a peak of 8.1 in December 2011 to a high of 7.4 in January 2016. Its stock market index also has jumped from a peak of 9.7 in May 2011 to the highest in the last quarter of 2019.
The company is a huge employer and a huge company, but it’s also a huge company in a huge country, and it’s still a huge company. Walmart is the largest employer in the United States. It’s a mega-company with a huge market cap. It’s a company with $100 billion in annual sales and a $75 billion in annual profit. It’s in the top five for all three of these metrics.
As a company it is a very large, very large company. With over 7 billion in annual sales it is the fifth largest company in the US. As a market it has more than 50 million stores in it. As a country it is in the top ten for all three metrics.
If we look specifically at Walmart, it has 8,000 stores, but Walmart isn’t the only retail giant in the US. You can also look at Amazon, which has over 40,000 stores. Amazon is the top e-commerce site in the US and is a major player in the Internet retail market. Its in the top five for all three metrics.
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