Rank: 3 (Previous rank: 1)
CEO: Michael T. Duke
Address: 702 S.W. Eighth St.
Bentonville, Arkansas 72716
Wal-Mart was the hottest stock in the Dow Jones industrial average in 2008 as cash-strapped consumers around the world flocked to its stores for bargain groceries and toys. The Bentonville-based retailer lost the title of world's biggest company in 2008. But think of its growth as former CEO Lee Scott does: In 2008, Wal-Mart racked up $30 billion in additional sales -- the equivalent of adding the annual sales of a Fortune 75 company.
That growth was fueled by double-digit sales increases at international stores (U.S. sales only grew 6%.) Wal-Mart China alone added 28 stores over the year. Wal-Mart's 2009 prospects remain promising as shoppers battered by the recession shop for value.
Industry: General Merchandisers
...What Readers Say
They speak out on Wal-Mart Stores and other 500 companies...
|Company||2008 Number of Employees|
|China National Petroleum||1,618,393|