With over $408 billion in revenue, Walmart has regained the coveted top spot on the annual Fortune 500 list. The mega retailer had slipped to #2 behind Exxon Mobil on last year’s list after two consecutive #1 years in 2007 and 2008.
Writes Fortune about Walmart:
Most remarkable was Wal-Mart’s image overhaul. It helped that former CEO Lee Scott beefed up health care coverage for employees, thought more about the environment and became a public presence. Certain critics will never be placated and fiscal first-quarter results weren’t the greatest. But there’s no denying Scott left new CEO Mike Duke a company in fighting form.
Exxon Mobil slipped back into the #2 slot after its taste of victory in 2009, followed in order by Chevron, General Electric and Bank of America.
Here is the full Top 10:
2. Exxon Mobil
5. Bank of America
8. Ford Motor
9. J.P. Morgan Chase
If you consider NBC as representing GE, then that means that 6 of the top 10 on the Fortune 500 are also represented in Consumerist’s Worst Company In America bracket.
Fortune 500 [CNN Money/Fortune]