Wal-Mart’s Critical Role in Toy Safety
WAL-MART SELLS MORE TOYS THAN ANY OTHER RETAILER
Wal-Mart is the world’s largest retailer with $345 billion in sales for the fiscal year ending Jan. 31, 2007. More than 176 million customers per week visit Wal-Mart stores worldwide, including 127 million in the United States. [walmartfacts.com]
Wal-Mart controls roughly one-third of the U.S. toy market, according to Eric Johnson, a management professor at the Tuck School of Business at Dartmouth
College. [Washington Post, 8/24/07]
According to the International Securities Exchange in December 2006, Wal-Mart is the largest customer for both Hasbro and Mattel – providing 21 and 19.6 percent of revenue, respectively. Mattel recently issued its third significant recall in just over a month, of toys made in China. The three recalls include more than 20 million toys worldwide and approximately 11million in the United States alone. [Guardian Unlimited, 9/5/07]
Click Here to Read "Wal-Mart's Critical Role in Toy Safety"
RELATED LINKS:
Subjects:
Types:

