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Walmart
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Walmart Inc: A Retail Giant's Global Footprint Walmart Inc, formerly Wal-Mart Stores, Inc, is an American multinational retail corporation operating a vast network of hypermarkets, discount stores, and grocery stores across 24 countries. Founded in 1962 by brothers Sam and James "Bud" Walton in Roge...
- Company type Public
- Industry Retail
- Founded July 2, 1962
- Founders Sam Walton, Bud Walton
- Headquarters Bentonville, Arkansas, United States
- Area served Worldwide
- Key people Greg Penner (chairman), Doug McMillon (president, CEO)
- Revenue US$680.99 billion (2025)
- Net income US$19.436 billion (2025)
- Number of employees 2,100,000 (2025)
- Subsidiaries List of subsidiaries
- Website www.walmart.com
Related Other Pages:
- D-Mart and True Value
Walmart history
Last Updated : 22/03/25, 11:55 AM
Walmart: From Humble Beginnings to Retail Giant Sam Walton's entrepreneurial journey began with a Ben Franklin store in 1945, focusing on high-volume sales at low prices. Early success led to the opening of "Walton's Five and Dime" in Bentonville, Arkansas, which later became the Walmart Museum. The...
WALMART NEWS
Stage set for Walmart-Flipkart deal; announcement expected today
May 09, 2018 3:27 pm
The announcement is expected late afternoon on Wednesday, the source said. The deal will see some of the biggest investors in Flipkart offloading their holding in the country's largest e-commerce company.
Walmart-Flipkart deal: US retailer to purchase initial 77% stake in Flipkart for roughly $16 billion
May 09, 2018 9:18 pm
Walmart-Flipkart deal highlights: The deal also makes India the biggest emerging market with three of the largest global retailers — Walmart, Amazon and Alibaba — now pitted against each other.
Ahead of Walmart's acquisition of Flipkart, all you need to know about the e-tailer
May 09, 2018 2:30 pm
US-based retailer Walmart Inc is likely to announce its acquisition of Flipkart this week, a highly anticipated deal that marks the largest investments in India's e-commerce sector.
Walmart-Flipkart deal: ‘As substantial value in India, tax liability likely to arise’
May 06, 2018 1:38 am
While both the acquiring and the selling entities are based outside India and the target company Flipkart Pvt Ltd is also Singapore-based, there could be a tax liability given that a substantial value in the target company is derived from India.
US giant Walmart set to buy Flipkart, expand retail map
May 05, 2018 8:23 am
Analysts predict that Walmart could also leverage its logistics, supply chain and retail sourcing experience to improve Flipkart’s operations for the company to compete better against its rival Amazon India.
Flipkart undertakes $350 million buyback ahead of Walmart deal
May 04, 2018 2:49 pm
If completed, this would be one of the largest deals in the Indian retail sector and by far, the biggest in the country's booming e-commerce market.
Walmart close to acquiring majority stake in Flipkart, deal likely by end-June: report
April 12, 2018 1:44 pm
A deal with Flipkart would step up Walmart's battle with Amazon.com for a bigger share of India's fledgling e-commerce market, which Morgan Stanley estimates will be worth $200 billion in a decade.
‘Walmart, Amazon in race to buy 40 per cent stake in Flipkart’
April 05, 2018 1:42 am
Flipkart, founded by former Amazon employees Sachin Bansal and Binny Bansal in 2007, controls nearly 40 per cent of India's online retail market, ahead of Amazon, showed estimates by researcher Forrester.
Whistleblower says Walmart, eyeing Amazon, cheated on e-commerce
March 16, 2018 7:48 am
The complaint alleges various wrongdoing, including the mislabeling of products, enabling Walmart to charge excessive sales commissions, and failure to properly process customer returns, enabling it to boost results.
Heat on Amazon as Walmart could be looking to pick up 40% stake in Flipkart
February 16, 2018 2:25 pm
Terms under discussion were not immediately available, but Flipkart would be valued at more than the $12 billion figure given when Japan's SoftBank Group Corp's Vision Fund took roughly a fifth of the firm last year for $2.5 billion, they added.
