Walmart Inc (Walmart) is a United States-based 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 on 2 July 1962 and incorporated on 31 October 1969. It also owns and operates Sam's Club retail warehouses. As at 31 October 2019, Walmart had 11,438 stores and clubs in 27 countries, operating under 55 different names.
Walmart Inc is engaged in the operation of retail, wholesale and other units, as well as ecommerce websites, located throughout the U.S., Africa, Argentina, Canada, Central America, Chile, China, India, Japan, Mexico and the United Kingdom, as well as Brazil prior to the sale of the majority stake of Walmart Brazil in June 2018.
The company operates under the name Walmart in the United States and Canada, as Walmart de México y Centroamérica in Mexico and Central America, as Asda in the United Kingdom, as the Seiyu Group in Japan, and as Best Price in India. It has wholly owned operations in Argentina, Chile, Canada, and South Africa.
Walmart Inc is traded on the New York Stock Exchange (NYSE) under the code WMT.
Walmart United States - The Walmart U.S. segment includes the company's mass merchant concept in the U.S., as well as eCommerce and omnichannel initiatives. For the year end 31 January 2019, Walmart U.S. accounted for 64.99% (USD 331,666 million) of total revenue.
Walmart International - The Walmart International segment consists of the Company's operations outside of the U.S., as well as eCommerce and omni-channel initiatives. For the year end 31 January 2019, Walmart International accounted for 23.68% (USD 120,824 million) of total revenue.
Sam's Club - The Sam's Club segment includes the warehouse membership clubs in the U.S., as well as samsclub.com and omni-channel initiatives. For the year end 31 January 2019, Sam's Club accounted for 11.33% (USD 57,839 million) of total revenue.
Note: Corporate and support consists of corporate overhead and other items not allocated to any of the company's segments.
The rich text element allows you to create and format headings, paragraphs, blockquotes, images, and video all in one place instead of having to add and format them individually. Just double-click and easily create content.
A rich text element can be used with static or dynamic content. For static content, just drop it into any page and begin editing. For dynamic content, add a rich text field to any collection and then connect a rich text element to that field in the settings panel. Voila!
Headings, paragraphs, blockquotes, figures, images, and figure captions can all be styled after a class is added to the rich text element using the "When inside of" nested selector system.
Signup for FREE to access all mergers and acquisitions data!
BigDiscover is the only platform to offer M&A data completely for free!