09/05/2002

The 2002 'A' List: Wal-Mart Stores Inc.

Who's Who in the Buildings Market

 

10
Wal-Mart Stores Inc.
Bentonville, AR
(479) 273-4000
www.walmartstores.com

Reaching the pinnacle of No. 1 on the Fortune 100, Wal-Mart Stores Inc. has become the world's No. 1 retailer as well. With sales revenues during the fiscal year ending Jan. 31, 2002, of $217.8 billion, this big-box retail giant owns 1,680 of the properties on which its domestic discount stores, Neighborhood Markets, and Supercenters are located, and 331 of the properties on which its domestic SAM's Clubs are located. In many cases, Wal-Mart owns the land associated with leased buildings in which its facilities are located. Total company employment in the United States exceeds 1 million "associates," with an additional 303,000 associates in foreign countries. Store counts include the following for the United States: Wal-Mart Discount Stores, totaling 1,647 stores and 157.7 million square feet; Wal-Mart Supercenters, totaling 1,066 stores and 197.4 million square feet; Neighborhood Markets, totaling 31 stores and 1.4 million square feet; and SAM's Clubs, totaling 500 stores and 61.78 million square feet. Total store count in the international arena brings an additional 1,170 facilities to Wal-Mart's portfolio, and 97.4 million square feet.
[Editors' Note: Don't we all wish we had thought of this - a relatively simple concept that hasn't budged (in philosophy) since the company founders' decision to open a discount store in 1962? Wal-Mart is truly a giant - in concept, in implementation, and in facilities. Who would have guessed that big-box could come in so many facilities forms - all structured for convenience (everything you would want) with great value and great marketing; my favorite: "Store-within-a-Store." In August 2001, Wal-Mart teamed up with the U.S. Environmental Protection Agency (EPA) as an EnergyStar® partner, promoting energy conservation at its facilities and featuring EnergyStar-labeled, energy-efficient products for consumers. Integrating a skylight/dimming system across its properties has resulted in an annual savings of about 250 million kilowatt-hours a year.]

 

 
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