Walmart

Walmart Inc. is an American multinational retail corporation that operates a chain of discount stores, warehouse clubs, and grocery stores. It is one of the world's largest private employers and retailers by revenue, with headquarters in Bentonville, Arkansas. The company was founded by Sam Walton and his family in 1962, opening the first Walmart discount store in Rogers, Arkansas, with an emphasis on everyday low prices and broad assortment.

Walmart's business model centers on large-format stores and efficient supply chains. It operates multiple store formats, including Walmart discount stores, Walmart Supercenters that combine groceries with general merchandise, and Walmart Neighborhood Market grocery-focused stores. In the United States, Sam's Club operates as a member-only warehouse club. The company has expanded online through walmart.com and regional e-commerce sites, pursuing growth with private-label brands and acquisitions to bolster online shopping, delivery, and marketplace offerings.

Globally, Walmart operates stores and clubs in several countries and maintains regional e-commerce platforms. International operations have included Canada, Mexico, Chile, Argentina, Brazil, China, and the United Kingdom through the former Asda banner, among others. The mix of formats and market presence varies by country, with strategic adjustments over time. Walmart also invests in supply chain infrastructure, distribution centers, and technology to support cross-border and online fulfillment.

Walmart is publicly traded on the New York Stock Exchange under the ticker WMT. In recent years it has employed roughly 2.3 million people worldwide and reported revenue around $600 billion. Doug McMillon has served as chief executive officer since 2014, and the company maintains a governance framework with a board of directors to oversee global operations.