What Percentage of Worldwide DVD Purchases Take Place at Wal-Mart?
We all know Wal-Mart is a powerful retailer in every category, with 7000 stores worldwide.
But who'd have thought Mr. Price-Slashing Smiley Face is responsible for about 40 percent of all DVD sales?
That tidbit appears in a Wall Street Journal story today, about an exec who's leaving Wal-Mart to join DreamWorks Animation.
When it comes to CDs, Wal-Mart is only responsible for 16 percent of worldwide sales.