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This group does not include every retailer in the world nor in the U.S. However, it shall serve as a proportional segment of the total industry, which will operate as an unbiased point of reference to be considered the industry average.
Profitability
Wal-Mart continues to grow in virtually every category. In 2000, Wal-Mart recorded $156.2 billion in net sales; this number has steadily increased each year to the $256.3 billion reported in the 2004 annual report. Over $100 billion increase in net sales in only 5 years. However, an increase in net sales means absolutely nothing if it does not manifest into a profit for the company...
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