December 27, 2005

Jack Covert Selects: Holiday Shopping and Wal-Mart

By: 800-CEO-READ @ 8:32 PM – Filed under: Management & Workplace Culture

As your holiday shopping comes to a close, following the December 26 bargains, here are a few interesting factoids from a soon-to-be published book, The Wal-Mart Effect. The book is due out in January and you can expect a Jack Covert Selects on it.
Here are the facts:
Wal-Mart sells $178,125 worth of stuff per employee.
Target sells $156,506 worth of stuff per employee.
Whole Foods sells $121,875 worth of stuff per employee.

From another chapter of the book:
A typical Wal-Mart has 60,000 different items for sale. You could fill a shopping cart with 50 items every day for three years without buying the same thing twice.

That's a LOT of stuff.