MalMart
government-owned corporation | |
Industry | Supermarket |
Founded | July 15 1933 |
Founder | Jozef Wajda |
Headquarters | , |
Number of locations | 3,886+ |
Area served | Worldwide |
Revenue | USD$ 983.74 billion |
USD$ 85.11 billion | |
USD$ 40.17 billion | |
Total assets | USD$ 671.27 billion |
Total equity | USD$ 419.99 billion |
Number of employees | 2,852,300 (Dornalian Republic) 1,837,512 (Malgrave) 1,523,497 Kouralia 1,287,379 Celritannia |
Subsidiaries | Lo-ffers (Celritannia) GoodPrice Supermarkets (Dornalian Republic) KourMart (Kouralia) |
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.
Expansion
Following the end of isolation in 2000 MalMart has engaged in an aggressive wave of expansions internationally, with the company buying up numerous supermarket and associated brands in other countries to expand its operations. MalMart is viewed as a critical part of Malgravean foreign policy and economic planning, as it generates substantial revenues for the Malgravean government and as a result it typically works with officials at the Foreign Ministry such as Seo Yi-kyung and Fabrizia Tiraboschi.