Wednesday, March 5, 2025

Walmart Company Profile

Walmart Company Profile
Wal-Mart Stores, Inc. is an American multinational retail corporation that operates a chain of hypermarkets, discount department stores and grocery stores.

Sam Walton Walmart
Headquartered in Bentonville, Arkansas, United States, the company was founded by Sam Walton in 1962 and incorporated on October 31, 1969. As of September 30, 2015, it has a total of 11,526 stores in 28 countries, under a total of 65 banners.

The company operates under the Walmart name in the United States and Canada. It operates as Walmart de México y Centroamérica in Mexico, as Asda in the United Kingdom, as Seiyu in Japan, and as Best Price in India. It has wholly owned operations in Argentina, Brazil, and Canada. It also owns and operates the Sam's Club retail warehouses.

Walmart is the world's largest company by revenue, according to the Fortune Global 500 list in 2014, as well as the biggest private employer in the world with 2.2 million employees.

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Walmart History
It started with a single store in Rogers, Arkansas in 1962 and has grown to what is now the world's largest and arguably, the most emulated retailer. Some researchers refer to Wal-Mart as the industry trendsetter. Today, this retailing pioneer has annual revenues of over $100 billion, 3,000 stores and more than 750,000 employees worldwide. Walmart company listed on the New York Stock Exchange in 1972.

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