Profiles about retailers and brands

Founded in

1962

Headquarters

Bentonville, AR

2022 U.S. stores

5,330

CEO

Doug McMillon

Top 100 Retailer

Walmart

Ranked 1 of 100

Overview

Walmart, the renowned retail giant, is a leading multinational corporation that operates a vast chain of discount department stores. With its headquarters in Bentonville, Arkansas, Walmart has established itself as a one-stop shopping destination for millions of customers worldwide. Offering a wide range of products at affordable prices, Walmart caters to diverse consumer needs, including groceries, electronics, clothing, and household essentials. Known for its extensive network of stores, Walmart continues to be a go-to retailer for individuals seeking quality products at competitive prices.


Founder

The founder of Walmart is Sam Walton.


History

Walmart is a renowned retailer brand that has a rich and fascinating history. Founded by Sam Walton in 1962, Walmart started as a small discount store in Rogers, Arkansas. With a vision to provide affordable products to customers, Walton aimed to revolutionize the retail industry. The company experienced rapid growth and expanded its operations across the United States in the 1970s. By the 1980s, Walmart had become a dominant force in the retail market, offering a wide range of products at competitive prices. In the following decades, the brand continued to expand globally, establishing its presence in various countries. Today, Walmart is one of the largest retail corporations in the world, with thousands of stores worldwide. It has become synonymous with convenience, affordability, and a one-stop shopping experience for millions of customers.


Recent Walmart News

Insights

$600.94

2022 worldwide retail sales (billions)

$499.65

2022 U.S. retail sales (billions)

83%

U.S. % of worldwide sales

7.80%

U.S. sales growth (’22 v ’21)

0.10%

U.S. store growth (’22 v ’21)