Wal-Mart Inc., operating as Walmart is an American worldwide corporation that operates as a link of grocery stores, hypermarkets, and discount department stores.
The Walmart company was founded by Sam Walton in 1962 and its integration was on the 31st of October, 1969. As of 31st January 2017, the company has clubs and 11, 695 stores in 28 countries, under a total of 63 banners.
The company operates under different names in different countries and it has fully owned operations in Chile, Brazil, Canada, and Argentina. The companies are the owners and operators of Sam’s Club retail warehouses. This is a family owned business as it’s controlled by the Walton family. It is headquartered in Bentonville, Arkansas.
Walmart store near me
The company’s mode of operation is categorized into 4 divisions: Sam’s Club, Global eCommerce, Walmart U.S., and walmart store International. The company offers several retail methods through these categories, including warehouse clubs, hypermarkets, supercenters, supermarkets, etc.
This is a link to warehouse clubs that sell general merchandise and groceries in bulk. Sam’s Club are membership warehouse clubs where members buy their membership annually.
Non-members can make purchases by either paying a surcharge based on the price or by purchasing a one-day membership. There are specific benefits for all of the three kinds of memberships at Sam’s Club. Their slogan is “Savings Made Simple”.
This division provides online retailing for ASDA (Walmart UK), Sam’s Club, Walmart and all other international brands. There are various locations in the United State located in Oregon and California. They are Brisbane, Portland, San Bruno, and Sunnyvale. Locations outside the U.S are Bangalore (India), Leeds (United Kingdom), and Shanghai (China). Global eCommerce is based in San Francisco, California.
This is the company’s largest division. It has three retail methods that are now common in the U.S. They are supercenters, discount stores, and neighborhood markets. The discount stores sell a variety of non-grocery products, while the supercenters took over the sales of groceries.
Supercenters: These are hyper markets that sell general merchandise and a full-service supermarket including baked goods, frozen foods, meat & poultry, fresh sea foods, garden produce and dairy products. Many supercenters have a pet shop, optical centers, hair and nail salons and fast food outlets like Burger King, Subway, McDonald’s, Dunkin’ Donuts, etc.
Discount stores: They sell limited groceries and general merchandise. Many of these stores have a pharmacy, garden center, optical center, tire & lube express, portrait studio, cell phone store, a bank branch and fast food outlets.
Neighborhood markets: These stores operate a chain of smaller groceries sales. They focus on three of Walmart’s major sales categories; groceries, fuel, and pharmacy. They also sell pet supplies, cleaning products, beer sales and wine. The products here are sold at the same prices as those in the supercenters.
Walmart store International
The company’s international operations comprise 800, 000 workers and 6, 363 stores in 26 countries outside the U.S. as of 31st January 2017. These countries include:
Latin America: Chile, Mexico, Argentina, Nicaragua, Costa Rica, El Salvador
Canada and The EMEA: The company has 1, 453 stores as of 31st January 2016. The stores are in Canada and Europe, Middle East and Africa (EMEA), which the latter consists of locations in: Ghana, Kenya, Malawi, Uganda, Zambia, Namibia, Nigeria, Lesotho, Tanzania, Botswana, Swaziland, South Africa, Mozambique
Walmart store profile
- Trading name: Walmart
- Type: Public
- Industry: Retail
- Founder: Sam Walton
- Founded: 2nd July 1962
- Key People: Greg Penner (Chairman), Doug McMillon (President &CEO)
- Headquarters: Bentonville, Arkansas, U.S.
- Products: Electronics, groceries, home& furniture, clothing, foot wears, jewelry, pet supplies, etc
- Owner: Walton family
- Number of employees: 1.4 million, U.S. (2016), 2.3 million, worldwide (2016)
- Area served: Worldwide
- Number of locations: 11, 695 stores worldwide (31st January, 2017)
- Website: www.walmart.com