MalMart

MalMart

Type	government-owned corporation
Industry	Supermarket
Founded	July 15 1933
Founder	Jozef Wajda
Headquarters	Epping , The United Kingdom of Malgrave
Number of locations	3,886+
Area served	Worldwide
Revenue	USD$ 983.74 billion
Operating income	USD$ 85.11 billion
Net income	USD$ 40.17 billion
Total assets	USD$ 671.27 billion
Total equity	USD$ 419.99 billion
Number of employees	3,649,380 (Dornalian Republic) 2,809,772 (Malgrave) 2,605,913 Kouralia 2,038,317 Celritannia 39,795 Breheim
Subsidiaries	Lo-ffers (Celritannia) GoodPrice Supermarkets (Dornalian Republic) KourMart (Kouralia) AlcoMal
Website	MalMart.ms

MalMart is a state-run supermarket chain based in the United Kingdom of Malgrave. It was established by the coalition government of Jozef Wajda in 1933 shortly after the Great Exodus in order to distribute food and had since expanded to become the largest grocery chain in the country.

History

Following the re-settlement of the Malgravean people in 1933, the coalition government of Jozef Wajda established several new state-managed enterprises in an attempt to organise the redevelopment of the state in its new homeland. MalMart was formed early on during this process, as a way to distribute food and other items to the population as part of a newly organised rationing process.

In the 1950's following the ease of restrictions and the gradual abandonment of the rationing system, MalMart was authorised to start selling their produce and began a period of expansion resulting in the corporation ceasing to require subsidies from the state to operate.

MalMart was set to be one of the state-run companies privatised in 1975 by Prime Minister Adalbert Kaczmarek, however, a combination of pressure from the Most Illustrious Glorious Confederation of Proud Malgravean Proletarians (MIGCPMP) and people within his own cabinet led to these plans being called. In the early 90's these proposals were once again considered but were stopped following the assassination of Prime Minister Alice Smith in the 1994 Karlino Central Station Bombing and the victory of the Technology Party in the 1994 Malgravean Emergency General Election.

In the Lost Decade MalMart was one of the hardest hit state-run company, and the corporation temporarily closed several locations in order to reduce costs, however, the end of the economic crisis and the rapid state-backed expansion of the company has led to it becoming one of its most important economic assets.

AlcoMal

Prior to 1953 alcohol was allowed to be sold by grocery cooperatives and small independent chains, however, following a review of practices in the same year by the Ministry of Health and Ministry of Social Solidarity it was decided that this should be monopolised by the state, with all alcohol above 2% ABV being sold through AlcoMal.

Expansion

Following the end of isolation in 2000 MalMart has engaged in an aggressive series of expansions internationally, unlike MalTec which has sought to expand under its own branding MalMart has bought up several supermarket brands in other countries to expand its operations. MalMart is seen as a critical part of Malgravean foreign policy and economic planning, as it employees a large number of workers both within and outside Malgrave and because it generates substantial revenues for the Malgravean government, as a result it tends to work with officials at the Foreign Ministry such as Seo Yi-kyung and Salka Tiraboschi during planned expansions within Mystria and the Dornalian Republic.