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Wal-Mart: Wal-Mart Stores
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Wal-Mart is the largest retailer in the United States, and its fifth largest provider of pharmaceuticals. All but 22 Wal-Mart stores have pharmacy counters. In many cases, their 3,400 pharmacies 19 have become the only source for prescription medication in their region. Small, independently owned competing pharmacies have difficulty surviving and are often driven out of business. Thus, Americans in rural areas of the country frequently have to choose between buying their medication at Wal-Mart or of driving a long distance to the next urban area where there is a non-Wal-Mart pharmacy.
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Wal-Mart Stores, Inc. (NYSE: WMT) is an American public corporation that runs a chain of large, discount department stores. It is the world's largest public corporation by revenue, according to the 2007 Fortune Global 500.[3] Founded by Sam Walton in 1962, it was incorporated on October 31, 1969, and listed on the New York Stock Exchange in 1972. It is the largest private employer in the world and the fourth largest utility or commercial employer, trailing the Chinese army, the British National Health Service, and the Indian Railways. Wal-Mart is the largest grocery retailer in the United States, with an estimated 20% of the retail grocery and consumables business, as well as the largest toy seller in the U.S., with an estimated 22% share of the toy market.
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- As of September 2007, Wal-Mart's year-old $4 prescription drug program had saved customers in Florida nearly $44 million. The program was launched in September 2006 in Tampa and was so successful, that the savings were offered nationally within two months. The $4 program provides a solution for the nearly 3,500,000 uninsured Florida residents (according to the Kaiser Family Foundation) who may presently avoid filling prescriptions and remain untreated. - In FYE 2007, Wal-Mart Stores, Inc. spent $5,716,647,630 for merchandise and services with 2,844 suppliers in the state of Florida. As a result of Wal-Mart's relationship with these suppliers, Wal-Mart supports 133,154 supplier jobs in the state of Florida. - In 2006, Wal-Mart Stores and Sam's Club gave $12,798,091 in cash and in-kind donations to local causes and organizations in the communities they serve in the state of Florida.
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In addition to its wholly-owned international operations, Wal-Mart has joint ventures in China and several majority-owned subsidiaries. Wal-Mart's majority-owned subsidiary in Mexico is Walmex. In Japan, Wal-Mart owns about 53% of Seiyu.[39] Additionally, Wal-Mart owns 51% of the Central American Retail Holding Company (CARHCO), consisting of more than 360 supermarkets and other stores in Guatemala, El Salvador, Honduras, Nicaragua, and Costa Rica.[40]
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BENTONVILLE, Ark., Nov. 16 /PRNewswire-FirstCall/ -- Wal-Mart Stores announces that next Tuesday, Nov. 20 the new Eagles' "Deluxe Collector's Edition of Long Road Out of Eden" will arrive for sale exclusively at all Wal-Mart and Sam's Club locations. The deluxe 2-disc album features 22 tracks. Included on the deluxe album are new tracks: the holiday hit "Please Come Home For Christmas" and "Hole In The World." Additionally, the edition includes a 40-page booklet with lyrics, credits, exclusive photos and desert scenes from the making of the "How Long" video. The "Deluxe Collector's Edition of Long Road Out of Eden" is wrapped in a red linen cloth, screen printed with panoramic imagery.
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Wal-Mart is reportedly set to launch a counter-attack to Tesco's move into the US with its own plans to open smaller grocery stores. The US retail giant is planning to go to head-to-head with Tesco's Fresh & Easy stores in Arizona, according to Financial Times. Wal-Mart is said to have secured leases for four 20,000 sq ft outlets near Phoenix, in and around where Tesco is setting up its own stores. The plans for the so-called Marketside stores are Wal-Mart's first new concept in the US for ten years, the FT said. Officials at Wal-Mart failed to return a request for comment as just-food went to press.
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