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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
Was prepared to face regulatory changes: Walmart
March 07, 2019 4:39 am
Brett Biggs, CFO and executive V-P, Walmart, said in a conference call on March 5 that the company knew there would be “legislation changes” and it will have to make its way through it.
Problems for entrepreneurs are same everywhere, says Binny Bansal after Walmart ouster
February 05, 2019 10:06 am
Bansal, who departed after Flipkart’s new owner Walmart Inc. investigated alleged personal misconduct, is now focused on xto10x Technologies, a startup he co-founded with former colleague Saikiran Krishnamurthy.
Walmart, Amazon scrambling to comply with India's new e-commerce rules
January 31, 2019 9:32 pm
Traders and rivals say companies such as Amazon and Flipkart have been violating the spirit of these rules by creating proxy sellers or vendors in which they have direct or indirect stakes, allowing firms to give deep discounts that upset off-line trade.
Amazon and Walmart team up to fight new Indian E-Commerce Rules
January 05, 2019 12:30 pm
The newly tightened regulations threaten to pinch Amazon and Walmart’s Flipkart in one of the world’s fastest growing online commerce arenas, where both have invested billions of dollars.
Walmart India names Sameer Aggarwal as chief business officer; Devendra Chawla quits as COO
December 10, 2018 4:30 pm
Aggarwal will now lead strategy, merchandising, cost analytics, e-commerce, technology, marketing and replenishment, Walmart India said.
Post Walmart-flipkart deal: I-T seeks details of gains from Sachin, Binny Bansal
November 23, 2018 6:01 am
Both the Flipkart founders will be required to pay advance tax on the assessed income from the deal with US retail chain Walmart, out of which about 75 per cent has to be deposited by December 15 and rest by March 15 next year.
Tax dept seeks details of income earned by Flipkart's Sachin, Binny Bansal from Walmart deal
November 22, 2018 4:00 pm
In August this year, Walmart bought 77 per cent stake for USD 16 billion in Flipkart after buying out shareholding of as many as 44 shareholders.
How Walmart decided to oust an icon of India's tech industry
November 19, 2018 6:58 pm
In its announcement, Walmart said it had initiated an independent investigation into an allegation of “serious personal misconduct.” The probe didn’t uncover evidence to support the charge.
Walmart India to invest USD 500 million to open 47 more stores by 2022
October 31, 2018 5:41 pm
The global retail giant, which opened its 23rd wholesale store in Visakhapatnam Wednesday, is in the process of setting up a second store in Visakhapatnam and discussions are underway for land.
Flipkart likely to replace Binny Bansal as group CEO, Kalyan Krishnamurthy frontrunner: Report
September 24, 2018 12:28 pm
Flipkart may name a new group CEO, partly because co-founder and current group CEO Binny Bansal is not actively involved in daily operations, the report said, adding that Binny Bansal will remain the chairman of the company.
