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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
Walmart, Disney suspend contributions to US lawmakers who opposed Biden certification
January 13, 2021 10:22 am
Other blue-chip companies including AT&T Inc, Amazon.com Inc and Mastercard Inc announced similar moves in the past several days.
Walmart pulls guns off shelves as precaution ahead of election
October 30, 2020 1:20 pm
The retail giant made a similar decision this summer during unrest following the death of George Floyd by police, a move intended to dissuade any potential theft if stores were broken into during protests.
Walmart tests use of drone for contactless delivery of Covid-19 tests in Las Vegas
September 24, 2020 7:54 pm
The retail company partnered up with Quest Diagnostics and drone service provider DroneUp to carry out both the recent test in Las Vegas as well as a trial scheduled to take place in Cheektowaga, New York in October.
The math doesn't add up on TikTok's deal with Oracle and Walmart
September 22, 2020 12:51 pm
Just one day after Trump promised “no Chinese involvement,” TikTok owner Beijing-based ByteDance Ltd said it would retain 80% control over the new company.
Walmart joins Microsoft in pursuit of deal to acquire TikTok
August 27, 2020 10:01 pm
Walmart’s shares jumped as much as 3.6% to $135.47 in New York following news of the joint pursuit of TikTok, the biggest intraday gain since July 7.
Flipkart acquires Walmart India, to launch Flipkart Wholesale for B2B segment in August
July 23, 2020 4:33 pm
Flipkart Wholesale is a new digital marketplace focusing on addressing the business-to-business (B2B) segment in India.
Reliance seen emerging as bigger threat for US firms like Amazon, Walmart
July 16, 2020 3:48 pm
Amazon and Walmart have had regulatory troubles and face far tighter government oversight in India, where the prime minister has been promoting self reliance.
Flipkart raises $1.2 billion from Walmart
July 15, 2020 5:36 am
In 2018, US-based retail giant Walmart bought a majority stake in Flipkart for $16 billion but the latest round of funding follows a series of investment announcements made by US-based companies in Indian digital space.
El Paso shooting suspect faces more federal charges
July 10, 2020 3:30 pm
A grand jury returned a new indictment against Patrick Wood Crusius, who was already charged with 90 counts under federal hate crime and firearms laws for the shooting in the border city of El Paso.
Walmart stops selling 'All Lives Matter' t-shirts after social media backlash
July 02, 2020 2:13 pm
Post the social media heat, the company had initially announced a through investigation. However, later taking into consideration everything that was unfolding, they announced they would discontinue selling the items.
