Wal-Mart

Walmart Inc. is a leading American multinational retail corporation that operates a vast network of hypermarkets, discount department stores, and grocery stores across the United States and 23 other countries.

Founded by Sam Walton and his brother James "Bud" Walton in 1962, the company has grown to become the world's largest retailer by revenue, with over 2.1 million employees worldwide.

Business Model and Product Offerings

The company's primary focus is offering a wide range of products at low prices, aiming to provide customers with a one-stop shopping experience.

Walmart's product offerings include groceries, apparel, electronics, home goods, and more.

In addition to its retail operations, Walmart owns and operates Sam's Club, a chain of membership-only warehouse clubs selling groceries and general merchandise, often in bulk.

International Presence

Walmart's international presence spans 24 countries, operating under various names such as Walmart de México y Centroamérica in Mexico and Central America, and Flipkart Wholesale in India.

The company has wholly owned operations in countries like Chile and holds a majority stake in Massmart in South Africa.

United States Locations and Store Formats

Within the United States, Walmart operates in all 50 states with a significant presence in California.

It employs a diverse store format strategy, including:

• Supercenters
• Discount Stores
• Neighborhood Markets
• Sam's Club locations

As of October 31, 2022, Walmart had 10,586 stores and clubs in 24 countries, operating under 46 different names.

Locations

• Racine, WI, USA
• Columbus, GA, USA
• Gilbert, AZ, USA
• West Valley City, UT, USA

Industry Position

Walmart's commitment to low prices and a wide product selection has made it a dominant force in the retail industry.

The company continually adapts to meet the evolving needs of consumers worldwide.