Wal-Mart Paradox: As Economy Tanks, It Thrives…

February 27th, 2008

Online magazine Slate.com suggests four reasons why.  One of them is Wal-Mart’s strong growth internationally, as economic growth through much of the world continues unabated.  International sales comprised 16.7 percent of overall revenues in 2003.  In the 12 months that ending in January, that number had grown to 24.2 percent.  And in the most recent quarter, internationl sales increased 18.8 percent from the prior-year period, accounting for fully one quarter of total revenues.  Slate  (Feb. 26, 2008)

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