Walmart (NYSE:WMT) is a multinational retail corporation headquartered in Bentonville, Arkansas, and is recognized as one of the world’s largest retailers. Founded in 1962 by Sam Walton, the company operates a chain of hypermarkets, discount department stores and grocery stores under the Walmart and Sam’s Club banners. Walmart’s business model emphasizes everyday low prices through scale purchasing, efficient supply chain management and a vast global distribution network.
The company’s retail offerings span general merchandise, consumables, apparel, electronics and home furnishings. Walmart supercenters combine full grocery departments with general merchandise, while Walmart Neighborhood Markets focus on fresh and convenient grocery offerings. Sam’s Club, Walmart’s membership warehouse segment, provides bulk goods, business supplies and specialized services such as optical, pharmacy and fuel centers. In recent years, Walmart has significantly expanded its e-commerce platform, integrating online grocery pickup, home delivery and marketplace services that connect third-party sellers with its large customer base.
Walmart serves customers across North America, including the United States, Canada and Mexico, and operates in Central America, Chile, China, India and Africa through its Massmart subsidiary. The company adapts its store formats and product assortments to local market needs and regulatory environments. Walmart’s global footprint is supported by regional distribution centers, cross-dock facilities and technology investments that enhance inventory management and last-mile logistics.
Under the leadership of President and Chief Executive Officer Doug McMillon since 2014, Walmart has pursued digital transformation and sustainability initiatives alongside its core retail operations. The company continues to invest in renewable energy, waste reduction and responsible sourcing, while leveraging data analytics and automation to improve customer experience and operational efficiency. Walmart’s long-term strategy focuses on omnichannel growth, enhanced membership offerings through Sam’s Club and Walmart+, and expanding its role as a provider of affordable, accessible goods and services worldwide.
