Walmart is an American 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 in 1962 and incorporated on October 31, 1969. As of January 31, 2020, Walmart has 11,484 stores and clubs in 27 countries, operating under 59 different names.
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. Since August 2018, Walmart only holds a minority stake in Walmex after selling a majority stake to investment firm Grupo Carso.
Walmart is the world’s largest company by revenue – approximately US$500 billion according to Fortune Global 500 list in 2018 – as well as the largest private employer in the world with 2.2 million employees. As of October 2020 Walmart has a market capitalization of $416.85 billion. The company also owns and operates Sam’s Club retail warehouses.
How many stores does Walmart have 2020?
As of January 31st 2020, Walmart has 11,484 stores across 27 countries – meaning it has a physical presence in more countries than any other retailer in the world.
