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Top 10 Fortune 500 companies
April 20, 2009
2. Wal-Mart Stores
Wal-Mart Stores has slipped to the second position this year on the Fortune list. During the past seven years, it topped the list six times.
A chain of large department stores, Wal-Mart’s revenue stood at $405.60 billion. Its profits stood at $13.4 billion.
Founded by Sam Walton in 1962, it was incorporated on October 31, 1969, and listed on the New York Stock Exchange in 1972.
Michael T. Duke is its CEO.
Image: A Wal-Mart store in Toronto . | Photograph: Mike Cassese/Reuters.
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