Retail

Size matters where Walmart is concerned

Posted on April 18, 2012

You would think that a company as large as Wal-Mart Stores Inc. would be able to get its own way most of the time. And you would probably be right.

At least that is what Modern Tire Dealer Editor Bob Ulrich writes about in his latest blog about the world's largest retailer.

How big is Wal-Mart, or Walmart, as it likes to be called? In 2011, the company posted net sales of $419 billion. In contrast, Goodyear Tire & Rubber Co.'s record sales last year would have represented 1/20th of that.

Find out why Ulrich refers to Walmart as a gorilla by reading "Walmart's size influences its customers, competitors and suppliers."

Is Walmart a respected competitor of yours? Or are you not a fan? Let us know what you think by leaving a comment!

Related Topics: B.O.B., Goodyear financials, mass merchandisers

Comments ( 3 )
  • CARSON

     | about 5 years ago

    I don't respect Walmart as a competitor because they are a "thug" in the retail industry. They purpposely manipulate their pricing to drive their small business competition out of business, they intimidate and squeeze their suppliers, they have a terrible record of pay and benefits with their employees, and they take advantage of their naive customers - many of whom have lost their jobs because of Walmart but yet continue to shop there. I NEVER shop at Walmart or Sam's and I don't see why any small business person would ever give them a dime!

  • See all comments
More Stories
News

Riccardo Cichi Leaves Pirelli After 27 Years

Pirelli Tire North America Inc. is searching for a new chief commercial officer for the NAFTA region. The company says Riccardo Cichi is leaving Pirelli effective Feb. 24 to pursue personal interests.

News

Union Official Calls Tariff Vote 'A Huge Mistake'

The leader of the United Steelworkers union says the International Trade Commission has made "a huge mistake" in not imposing tariffs on truck and bus tires from China. And based on early feedback from Modern Tire Dealer readers, tire dealers and particularly retreaders agree.

News

Two Asian Automotive Shows in One in March

Tyrexpo Asia 2017 and the inaugural edition of GarageXpo Asia will be held in conjunction with each other March 21-23, 2017, in Singapore. The events are organized by SingEx Exhibitions Pte. Ltd.

Bobby Hendry from 31 Inc. was from one of 80-plus vendors at the Tire Factory trade show. Here he talks to Mike Fleming, equipment supply manager for the dealer group, and Marc Thompson from Point S Everett in Everett, Wash.
News

Point S Rebranding Exceeds Expectations in the U.S., and Points to More Growth

Tire Factory Inc. members have rebranded the vast majority of their 206 stores to the Point S banner at a breakneck pace. And leaders of the Oregon-based cooperative are unveiling new programs with two big hopes: the momentum of current members continues, and more independent tire dealers join their network.

News

Cooper Enjoys a Full-Year Income-to-Sales Ratio of 8.5%

Cooper Tire & Rubber Co. posted net income of $69.3 million on net sales of $783.9 million for its fourth quarter ended Dec. 31, 2016. That compares to income of $59.2 million on sales of $775.5 million for the same period in 2015.

Be the First to Know

Get the latest news and most popular articles from MTD delivered straight to your inbox. Stay on top of the tire industry and don't miss a thing!