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Wal-Mart Stores Co., Ltd., or Wal-Mart Inc. (NYSE: WMT) , is a worldwide chain company in the United States. It is the world's largest company in terms of turnover and its controlling shareholder is the Walton family. Headquarters is located in Bentonville, Arkansas (northwest of Little Rock). Wal-Mart is primarily involved in the retail industry and is the world's largest employee company, ranking first among Fortune 500 companies in the United States for five consecutive years. Wal-Mart has 8,500 stores in 15 countries. Wal-Mart operates in 50 states and Puerto Rico. Wal-Mart mainly has four business methods, including Wal-Mart Shopping Plaza, Sam's Club, Wal-Mart Store, and Wal-Mart Community Store.
Walmart Department Store Co., Ltd.
- Wal-Mart Stores Limited, or WalMart Inc. (NYSE: WMT) , is a
- Wal-Mart Stores Inc.
- Wal-Mart puts forward the principle of "helping customers save every penny", realizing the promise of the cheapest price
- In 1950,
- On July 20, 2016, the Fortune Global 500 list was released [17]
Wal-Mart Stores Limited expired board duck
- Event Introduction
- Global supermarket giant Wal-Mart was severely punished for using an outdated plate-duck processed mature food in one of its stores. This incident once again sounded the alarm of food safety.
- After investigation, from January 13, 2011 to January 27, 2011, the Wal-Mart Supermarket in Chongqing Jiulong Plaza purchased 3,499 kilograms of ducks produced by Chengdu Quanshun Condiment Factory four times. The product's ex-factory date is the production date, and the warranty period is only 10 days. In other words, these ducks have all expired on February 5, 2011. According to computer sales data of the supermarket, from February 5, 2011 to February 28, a total of 208 kg of expired plate ducks were sold to consumers.
- After investigation by the industry and commerce department, Wal-Mart used the expired board duck to process it into "camphor tea board duck" for sale.
- Related penalties
- The industry and commerce department has issued a penalty decision letter, and will confiscate 32,542 yuan of its illegal income. According to Article 84 of the Food Safety Law, according to Article 84 of the Food Safety Law, the selling price of the sold plate duck and the expired stock duck plate purchase price are a total of 3,166.8 yuan. (Upper limit), with a total fine of 341.668 million yuan.
- The penalty decision has been sent to Wal-Mart. Wal-Mart must pay the fine to the industrial and commercial department within 15 days after receiving the penalty decision.
- Be punished
- CCTV reported on October 26, 2011 that some Wal-Mart stores and Carrefour stores in Changsha City, Hunan Province were found to have two different production dates on the product packaging. Local industrial and commercial departments issued two fines of 10,000 yuan each. [30]
- The problem is not resolved
- On November 1, 2011, some citizens reported that a "duck" food sold on the food shelf of Wal-Mart supermarket in Qianxing Road, Kunming City has expired 8 days. The shelf life of the plate duck from September 24, 2011 to October 24, 2011 has expired 8 days, but it is still sold on the shelf, and the price is 26 yuan / bag. [31]
Wal-Mart Department Store Green Pork
- Event Introduction
- Wal-Mart has 13 stores in Chongqing, including 10 Wal-Mart stores and 3 acquired Haoyou stores. After investigation, Wal-Mart's 10 branches in Chongqing and 2 good and many branches sold 63,547 kilograms of green pork as ordinary pork, with a time span of up to 20 months, earning illegal profits of more than 730,000 yuan, and severely deceived consumers. At the same time, the Wal-Mart's Chongqing Kowloon Plaza branch also violated the law in that the food sold in bulk was not labeled with legal provisions in accordance with the law, and the food label contained false content.
- Related penalties
- Huang Bo, the director of the Chongqing Municipal Bureau of Industry and Commerce, notified at a press conference on food safety work held in the city on October 9, 2011 that Wal-Mart's Chongqing companies used common pork to pose as green pork and use false product descriptions to defraud consumers and other illegal acts. The Chongqing Administration for Industry and Commerce confiscated illegal proceeds from the stores involved, and imposed a five-fold fine on the illegal proceeds of 2.69 million yuan. It will suspend business for 15 days from now on. [32]
Wal-Mart Stores Co., Ltd. Deli Product Issues
- On November 16, 2011, the Guangdong Provincial Administration for Industry and Commerce conducted spot checks on cooked foods sold in supermarkets in Zhongshan and Foshan. The results showed that the overall qualified rate of cooked foods was 62.7%, and Wal-Mart was found to be unqualified in selling cooked foods. Unqualified items are: total number of colonies, coliform, sodium saccharin, boric acid, pathogenic bacteria (Salmonella). [33]
Diseased pork chops at Walmart
- Sichuan Wal-Mart's diseased pork chops are exposed: Wal-Mart's diseased pork chops reflect management loopholes.
- In early June 2012, Wal-Mart's sales of diseased pork chops broke out to attract attention. Wal-Mart was notified of operating pork ribs. It is understood that stores have to charge various fees. In order to make their gross profit higher, some suppliers will inevitably make various "small actions". Wal-Mart's diseased pork chops reflect management loopholes. [34]
Wal-Mart Stores Price Fraud
- Wal-Mart previously held a promotional promotion at a store in Shantou. The Blue Moon Toilet Po package (8 packs) was priced at 29.80 yuan, but some consumers found that the actual sales price of the product before the promotion was 26.80 yuan. The promotional price is higher than when it is not. Accordingly, consumers complained about this incident to the local price bureau. After investigation, the Shantou Price Bureau found that Shantou Wal-Mart supermarket had price fraud and imposed an administrative penalty of 100,000 yuan. [35]
Wal-Mart Stores Co., Ltd. Substandard Food
- Beijing Food Office released a list of 10 batches of unqualified food. Wal-Mart (Beijing) Commercial and Retail Co., Ltd. sold a Sipan brand sesame oil at Yanshui North Street branch, and was found to be benzo (a). Exceeding the standard, a fresh squid sold in the store was found to exceed the standard for heavy metal cadmium [36] .
Shampoo incident at Walmart
- On April 15, 2014, an Oregon woman filed a lawsuit against Wal-Mart, the world's largest retailer, alleging that after using Wal-Mart brand shampoos, her length and waist hair were severely knotted and could only be cut short. The claim is USD 10,000 (approximately RMB 62,000). [37]
Wal-Mart Stores sues Visa
- On March 28, 2014, Walmart sued Visa, claiming $ 5 billion from the latter, stating that it had engaged in price manipulation and other antitrust violations between January 1, 2004 and November 27, 2012. activity. [38]
Wal-Mart Stores Co., Ltd. Shenzhen exposure
- On August 7, 2014, four senior employees of Shenzhen Honghu Wal-Mart exposed the inside of the food processing to the show crew. According to senior employees, the oil was changed for at least half a month, changed for more than a month, and sometimes not even changed. When the employee copied the kitchen oil record, he filled in 'Already changed'. Not only are there problems with oil, but also the raw materials used to make cooked food. It has also been confirmed that the use of expired ingredients and vermin rice is indeed the case. These chilled poultry are purchased once a week. According to the regulations of raw materials, the shelf life is only 7 days when the temperature is -5 to 0 , and the raw materials for cooked food come from chilled poultry that exceeds 7 days. [39]
- On September 15, 2014, Wal-Mart made an informed decision on the appointment of four reporters. The reason for Wal-Mart's dismissal of the whistleblower was that its actions "seriously violated company rules and regulations and caused significant damage to the company." [40]
- Fake account storm
- It is reported that Wal-Mart uses employees for sales operations, and price adjustments occupy a large amount of staff time. Employees spend several hours at the end of each month raising the label prices of thousands of products, and lowering prices early next month.
- Regarding Wal-Mart's price adjustment behavior, an industry insider who has worked at Wal-Mart for 13 years told reporters that this is no longer a secret of Wal-Mart sales, and such price adjustment behavior is common in domestic supermarkets. [2]
Wal-Mart Stores recalls toothbrush
- On April 13, 2018, it was learned from the State Administration of Market Supervision that a few days ago, Wal-Mart (China) Investment Co., Ltd. submitted a recall plan to recall some imported Member's Mark brand children's toothbrushes. [41]