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This article is about the retail chain. For other uses, see Walmart (disambiguation).
Wal-Mart Stores, Inc. Headquarters in Bentonville
Trading name
Walmart Type
Public Traded as
- NYSE: WMT
- Dow Jones Industrial Average Component
- S&P 500 Component
Industry Retail Founded
- July 2, 1962; 54 years ago
- Rogers, Arkansas, United States
Founder Sam Walton Headquarters Bentonville, Arkansas, U.S. Coordinates 36.3655837°N 94.2203385°WCoordinates: 36.3655837°N 94.2203385°W Number of locations
11,539 (July 31, 2016)[1][2] Area served
Worldwide Key people
- Greg Penner
- (Chairman)
- Doug McMillon
- (President & CEO)
Products
- Electronics
- movies and music
- home and furniture
- home improvement
- clothing
- footwear
- jewelry
- toys
- health and beauty
- pet supplies
- sporting goods and fitness
- auto
- photo finishing
- craft supplies
- party supplies
- grocery
Services
- Walmart-2-Walmart
- Walmart MoneyCard
- Pickup Today
- Walmart.com
- Walmart Pay
Revenue US$482.13 billion (2016)[3] Operating income
US$24.105 billion (2016)[3] Net income
US$14.694 billion (2016)[3] Total assets US$199.581 billion (2016)[3] Total equity US$80.546 billion (2016)[3] Owner Walton family (52%) Number of employees
- 2.3 million in the world (2016),
- 1.4 million in U.S. (2016)[4]
Divisions
- Walmart U.S.
- Walmart International
- Sam's Club
- Global eCommerce
Subsidiaries
- Walmart Canada
- Walmart Mexico
- Walmart Chile
- Walmart de México y Centroamérica
- @WalmartLabs
- Walmart Neighborhood Market
- Asda
- Amigo Supermarkets
- Vudu
- Massmart
- Seiyu Group
- Stapleton Inc
- Bompreço
- Líder
Slogan Save Money. Live Better. Website
Footnotes / references
[5][6][7] Wal-Mart Stores, Inc.[8] (/ˈwɔːlmɑːrt/), doing business as Walmart, is an American multinational retail corporation that operates a chain of hypermarkets, discount department stores and grocery stores. Headquartered in Bentonville, Arkansas, the company was founded by Sam Walton in 1962 and incorporated on October 31, 1969. As of July 31, 2016, Walmart has 11,539 stores and clubs in 28 countries, under a total of 63 banners.[1][2][9] 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.[10][11]
Walmart is the world's largest company by revenue, according to the Fortune Global 500 list in 2016, as well as the largest private employer in the world with 2.2 million employees. Walmart is a family-owned business, as the company is controlled by the Walton family. Sam Walton's heirs own over 50 percent of Walmart through their holding company, Walton Enterprises, and through their individual holdings.[12] It is also one of the world's most valuable companies by market value,[13] and is also the largest grocery retailer in the U.S. In 2016, it generated 62.3 percent of its US$478.614 billion sales in the U.S.[14]
The company was listed on the New York Stock Exchange in 1972. In the late 1980s and early 1990s, the company rose from a regional to a national giant. By 1988, Walmart was the most profitable retailer in the U.S.[15] and by October 1989, it had become the largest in terms of revenue.[16] Geographically limited to the South and lower Midwest up to the mid-1980s, by the early 1990s the company's presence spanned from coast to coast*—*Sam's Club opened in New Jersey in November 1989 and the first California outlet opened in Lancaster in July 1990. A Walmart in York, Pennsylvania opened in October 1990, bringing the main store to the Northeast.[17]
money card
https://en.wikipedia.org/wiki/Walmart
did LL post something about walmart money card?