Walmart Inc. (formerly Wal-Mart Stores, Inc.) is a US-based multinational that operates a chain of hypermarkets, discount department stores and grocery stores. Based in Bentonville, Arkansas, the company was founded by Sam Walton in 1962 and incorporated on October 31, 1969. It also owns and operates Sam’s Club retail warehouses. As of January 31, 2019, Walmart had 11,348 stores and clubs in 27 countries, under 55 different names. The company operates as Walmart in the United States and Canada, under the names Walmart of Mexico and Central America in Mexico and Central America, Asda in the United Kingdom, Seiyu Group in Japan and the best price in India . It has wholly owned facilities in Argentina, Chile, Canada and South Africa. Since August 2018, Walmart holds only a stake in Walmart Brasil, with 20% of the shares of the company, and private equity firm Advent International owns 80%.
Walmart is the largest company in the world in terms of revenue – more than $ 500 billion, according to the Fortune Global 500 list in 2018 – as well as the world’s largest private employer with $ 2.3 million employees. Thank you for your attention! Walton’s heirs own more than 50 people. Walmart was the United States’ largest grocery retailer in 2019, and 65% of Walmart’s US $ 510.329 billion sales came from the United States. operations.
The company was listed on the New York Stock Exchange in 1972. In 1988, Walmart was the largest retailer in the United States Originally, geographically limiting to Pennsylvania opened in October 1990: it was the first main store in the northeast.
Walmart’s foreign investment in North America can be compared to: United Kingdom, South America, China, South Korea, South Korea, South Korea, South Korea, South Korea