Walmart Inc.
   HOME

TheInfoList



OR:

Walmart Inc. (; formerly Wal-Mart Stores, Inc.) is an American multinational retail corporation that operates a chain of
hypermarket A hypermarket or superstore is a big-box store combining a supermarket and a department store. The result is an expansive retail facility carrying a wide range of products under one roof, including full grocery lines and general merchandise. In ...
s (also called supercenters), discount
department store A department store is a retail establishment offering a wide range of consumer goods in different areas of the store under one roof, each area ("department") specializing in a product category. In modern major cities, the department store mad ...
s, and
grocery store A grocery store ( AE), grocery shop or grocer's shop ( BE) or simply grocery is a retail store that primarily retails a general range of food products, which may be fresh or packaged. In everyday US usage, however, "grocery store" is a synon ...
s in the
United States The United States of America (USA), also known as the United States (U.S.) or America, is a country primarily located in North America. It is a federal republic of 50 U.S. state, states and a federal capital district, Washington, D.C. The 48 ...
and 23 other countries. It is headquartered in
Bentonville, Arkansas Bentonville is a city in and the county seat of Benton County, Arkansas, United States. The city is centrally located in the county with Rogers, Arkansas, Rogers adjacent to the east. The city proper had a population of 54,164 at the 2020 Unite ...
. The company was founded in 1962 by brothers
Sam Walton Samuel Moore Walton (March 29, 1918 – April 5, 1992) was an American business magnate best known for Co-founding the retailers Walmart and Sam's Club, which he started in Rogers, Arkansas, and Midwest City, Oklahoma, in 1962 and 1983 res ...
and James "Bud" Walton in nearby
Rogers, Arkansas Rogers is a city in Benton County, Arkansas, United States. Located in the Ozarks, it is part of the Northwest Arkansas region, one of the fastest growing metro areas in the country. Rogers was the location of the first Walmart store, whose cor ...
. It also owns and operates
Sam's Club Sam's West, Inc. (doing business as Sam's Club) is a chain of membership-only warehouse club retail stores in the United States owned by Walmart. It was founded in 1983 and named after Walmart founder Sam Walton as Sam's Wholesale Club. , Sam's ...
retail warehouses. Walmart has 10,586 stores and clubs in 24 countries, operating under 46 different names. Walmart is the world's largest company by revenue, according to the ''Fortune'' Global 500 list in October 2022. Walmart is also the largest private employer in the world, with 2.1 million employees. It is a publicly traded family-owned business (the largest such business in the world), as the company is controlled by the
Walton family The Walton family is an American family whose collective fortune derived from Walmart makes them the richest family in the United States, and, as of December 2024, the List of wealthiest families, richest family in the world. Overview The thr ...
. Sam Walton's heirs own over 50 percent of Walmart through both their holding company
Walton Enterprises Walton Enterprises LLC (WEI) is an American investment holding company based in Bentonville, Arkansas that serves as a family office to manage the wealth of the Walton family, the owners of Walmart. Walton Enterprises is the largest shareholder ...
and their individual holdings. Walmart was listed on the
New York Stock Exchange The New York Stock Exchange (NYSE, nicknamed "The Big Board") is an American stock exchange in the Financial District, Manhattan, Financial District of Lower Manhattan in New York City. It is the List of stock exchanges, largest stock excha ...
in 1972. By 1988, it was the most profitable retailer in the U.S., and it had become the largest in terms of revenue by October 1989. The company was originally geographically limited to the South and lower Midwest, but it had stores from coast to coast by the early 1990s. Sam's Club opened in
New Jersey New Jersey is a U.S. state, state located in both the Mid-Atlantic States, Mid-Atlantic and Northeastern United States, Northeastern regions of the United States. Located at the geographic hub of the urban area, heavily urbanized Northeas ...
in November 1989, and the first
California California () is a U.S. state, state in the Western United States that lies on the West Coast of the United States, Pacific Coast. It borders Oregon to the north, Nevada and Arizona to the east, and shares Mexico–United States border, an ...
outlet opened in
Lancaster Lancaster may refer to: Lands and titles *The County Palatine of Lancaster, a synonym for Lancashire *Duchy of Lancaster, one of only two British royal duchies *Duke of Lancaster *Earl of Lancaster *House of Lancaster, a British royal dynasty ...
, in July 1990. A Walmart in
York, Pennsylvania York is a city in York County, Pennsylvania, United States, and its county seat. Located in South Central Pennsylvania, the city's population was 44,800 at the time of the 2020 United States census, 2020 census, making it the List of cities in ...
, opened in October 1990, the first main store in the
Northeast The points of the compass are a set of horizontal, radially arrayed compass directions (or azimuths) used in navigation and cartography. A '' compass rose'' is primarily composed of four cardinal directions—north, east, south, and west—eac ...
. Walmart has been the subject of extensive criticism and legal scrutiny over its labor practices, environmental policies,
animal welfare Animal welfare is the quality of life and overall well-being of animals. Formal standards of animal welfare vary between contexts, but are debated mostly by animal welfare groups, legislators, and academics. Animal welfare science uses measures ...
standards, treatment of suppliers, handling of crime in stores,
business ethics Business ethics (also known as corporate ethics) is a form of applied ethics or professional ethics, that examines ethical principles and moral or ethical problems that can arise in a business environment. It applies to all aspects of business c ...
, and
product safety Product may refer to: Business * Product (business), an item that can be offered to a market to satisfy the desire or need of a customer. * Product (project management), a deliverable or set of deliverables that contribute to a business solution ...
, with critics alleging that the company prioritizes profits at the expense of social and ethical responsibilities. Walmart's investments outside the U.S. have seen mixed results. Its operations and subsidiaries in Canada, the United Kingdom (
ASDA Asda Stores Limited (), trading as Asda and often styled as ASDA, is a British supermarket and petrol station chain. Its headquarters is in Leeds, England. The company was incorporated as Associated Dairies and Farm Stores in 1949. It expanded ...
), Central America, Chile (
Líder Líder (Spanish for ''Leader'') is a Chilean hypermarket chain originally owned and operated by Distribución y Servicio (DyS) but sold to United States, US American corporation Walmart in 2009.
), and China are successful; however, its ventures failed in Germany, Japan, South Korea, Brazil and Argentina.


History


1945–1969: Early history

In 1945, businessman and former J. C. Penney employee Sam Walton bought a
Ben Franklin Benjamin Franklin (April 17, 1790) was an American polymath: a writer, scientist, inventor, statesman, diplomat, printer, publisher and political philosopher. Encyclopædia Britannica, Wood, 2021 Among the most influential intellectuals of h ...
store branch from the
Butler Brothers Butler Brothers was a retailer and wholesale supplier based in Chicago. It was founded in 1877 as a mail-order company by Charles Hamblet Butler, George Henry Butler, George H. Butler and Edward Burgess Butler. History In the 1920s, Butler Broth ...
. His primary focus was selling products at low prices to get higher-volume sales at a lower profit margin, portraying it as a crusade for the consumer. He experienced setbacks because the lease price and branch purchase were unusually high, but he was able to find lower-cost suppliers than those used by other stores and was consequently able to undercut his competitors on pricing. Sales increased 45% in his first year of ownership to in revenue, which increased to $140,000 the next year and $175,000 the year after that. Within the fifth year, the store was generating $250,000 in revenue. The lease then expired for the location and Walton was unable to reach an agreement for renewal, so he opened up a new store at 105 N. Main Street in Bentonville, naming it "Walton's Five and Dime". That store is now the Walmart Museum. On July 2, 1962, Walton opened the first Wal-Mart Discount City store at 719 W. Walnut Street in
Rogers, Arkansas Rogers is a city in Benton County, Arkansas, United States. Located in the Ozarks, it is part of the Northwest Arkansas region, one of the fastest growing metro areas in the country. Rogers was the location of the first Walmart store, whose cor ...
. Its design was inspired by
Ann & Hope Ann & Hope was a Rhode Island–based retailer that pioneered practices now common in modern big box stores. The company was named after the ship ''Ann and Hope'', which was built in 1798 by the firm Brown & Ives, famous merchants of early Provide ...
, which Walton visited in 1961, as did
Kmart Kmart ( ), formerly legally registered as Kmart Corporation, now operated by Transformco, is a department-store chain and online retailer in the United States and Territories of the United States, its territories. It operates four remaining Kma ...
founder
Harry B. Cunningham Harry B. Cunningham (1907 in Pennsylvania – November 11, 1992 in North Palm Beach, Florida) was an American businessman and retailer who founded Kmart in 1962, along with S. S. Kresge. Cunningham had a vision to convert the retail chain int ...
. The name was derived from
FedMart FedMart was a chain of discount department stores started by Sol Price, who later founded Price Club. Originally a discount department store open to government employees paying a $2 per family membership fee, FedMart earned four times more than i ...
, a chain of discount department stores founded by
Sol Price Sol Price (January 23, 1916 – December 14, 2009) was an American retailer and the founder of FedMart, Price Club (which ultimately merged into Costco) and PriceSmart. He was considered the "father" of the "warehouse store" retail model. Earl ...
in 1954, whom Walton was also inspired by. Walton stated that he liked the idea of calling his discount chain "Wal-Mart" because he "really liked Sol's FedMart name". The building is now occupied by a hardware store and an antiques mall, while the company's "Store #1" has since expanded to a Supercenter several blocks west at 2110 W. Walnut Street. Within its first five years, the company expanded to 18 stores in
Arkansas Arkansas ( ) is a landlocked state in the West South Central region of the Southern United States. It borders Missouri to the north, Tennessee and Mississippi to the east, Louisiana to the south, Texas to the southwest, and Oklahoma ...
and reached $9 million in sales. In 1968, it opened its first stores outside Arkansas in
Sikeston, Missouri Sikeston () is a city located both in southern Scott County and northern New Madrid County, in the state of Missouri, United States. It is situated just north of the "Missouri Bootheel", although many locals consider Sikeston a part of it. By w ...
and
Claremore, Oklahoma Claremore is a city in and the county seat of Rogers County, Oklahoma, Rogers County in northeastern Oklahoma, United States. Its population was 19,580 at the United States Census, 2020, 2020 census, a 5.4% increase over the 18,581 recorded in ...
.


1969–1990: Incorporation and growth as a regional power

The company was incorporated under
Delaware General Corporation Law The Delaware General Corporation Law (sometimes abbreviated DGCL), officially the General Corporation Law of the State of Delaware (Title 8, Chapter 1 of the Delaware Code), is the statute of the Delaware Code that governs corporate law in the U ...
as Wal-Mart, Inc. on October 31, 1969, and changed its name to Wal-Mart Stores, Inc. in 1970. The same year, the company opened a home office and first distribution center in
Bentonville, Arkansas Bentonville is a city in and the county seat of Benton County, Arkansas, United States. The city is centrally located in the county with Rogers, Arkansas, Rogers adjacent to the east. The city proper had a population of 54,164 at the 2020 Unite ...
. It had 38 stores operating with 1,500 employees and sales of $44.2 million. It began trading stock as a
publicly held company A public company is a company whose ownership is organized via shares of share capital, stock which are intended to be freely traded on a stock exchange or in over-the-counter (finance), over-the-counter markets. A public (publicly traded) co ...
on October 1, 1970, and was soon listed on the
New York Stock Exchange The New York Stock Exchange (NYSE, nicknamed "The Big Board") is an American stock exchange in the Financial District, Manhattan, Financial District of Lower Manhattan in New York City. It is the List of stock exchanges, largest stock excha ...
. The first
stock split A stock split or stock divide increases the number of shares in a company. For example, after a 2-for-1 split, each investor will own double the number of shares, and each share will be worth half as much. A stock split causes a decrease of mar ...
occurred in May 1971 for $47 per share. By this time, Wal-Mart was operating in five states: Arkansas, Kansas, Louisiana, Missouri, and Oklahoma; it entered Tennessee in 1973 and Kentucky and Mississippi in 1974. As the company moved into Texas in 1975, there were 125 stores with 7,500 employees and total sales of $340.3 million. In the 1980s, Wal-Mart briefly experimented with a precursor to the Supercenter, the Hyper-Mart. Four stores combined features of discount stores, supermarkets, pharmacies, video arcades, and other amenities. Wal-Mart continued to grow rapidly, and by the company's 25th anniversary in 1987, there were 1,198 Wal-Mart stores with sales of $15.9 billion and 200,000 associates. One reason for Wal-Mart's success between 1980 and 2000 is believed to be its contiguous pattern of expansion over time, building new distribution centers in a hub and spoke framework within driving distance of existing Supercenters. The company's satellite network was also completed in 1987, a $24 million investment linking all stores with two-way voice and data transmissions and one-way video communications with the Bentonville office. At the time, the company was the largest private satellite network, allowing the corporate office to track inventory and sales and to instantly communicate with stores. By 1984, Sam Walton had begun to source between 6% and 40% of his company's products from China. In 1988, Walton stepped down as CEO and was replaced by
David Glass David Glass may refer to: *David Glass (businessman) David Dayne Glass (September 2, 1935 – January 9, 2020) was an American businessman. He was president and chief executive officer of Walmart Stores, Inc. He was also an owner and ch ...
. Walton remained as chairman of the board. During this year, the first Wal-Mart Supercenter opened in
Washington, Missouri Washington is a city on the south banks of the Missouri River, 50 miles west of St. Louis, Missouri. It is considered to be part of the Greater St. Louis area. With an estimated population of 15,075, it is the largest city in Franklin County, ...
. With the contribution of its superstores, the company surpassed
Toys "R" Us Toys "R" Us is an American toy, clothing, and baby product retailer owned by Tru Kids (doing business as Tru Kids Brands) and various others. The company was founded in 1948 in Washington, D.C.; its first store was built in April 1948, with i ...
in toy sales in 1998.


1990–2005: Retail rise to multinational status

While it was the third-largest retailer in the United States, Wal-Mart was more profitable than rivals
Kmart Kmart ( ), formerly legally registered as Kmart Corporation, now operated by Transformco, is a department-store chain and online retailer in the United States and Territories of the United States, its territories. It operates four remaining Kma ...
and
Sears Sears, Roebuck and Co., commonly known as Sears ( ), is an American chain of department stores and online retailer founded in 1892 by Richard Warren Sears and Alvah Curtis Roebuck and reincorporated in 1906 by Richard Sears and Julius Rosen ...
by the late 1980s. By 1990, it became the largest U.S. retailer by revenue. Prior to the summer of 1990, Wal-Mart had no presence on the West Coast or in the Northeast (except for a single Sam's Club in New Jersey which opened in November 1989); however, in July and October that year, it opened its first stores in
California California () is a U.S. state, state in the Western United States that lies on the West Coast of the United States, Pacific Coast. It borders Oregon to the north, Nevada and Arizona to the east, and shares Mexico–United States border, an ...
and
Pennsylvania Pennsylvania, officially the Commonwealth of Pennsylvania, is a U.S. state, state spanning the Mid-Atlantic (United States), Mid-Atlantic, Northeastern United States, Northeastern, Appalachian, and Great Lakes region, Great Lakes regions o ...
, respectively. By the mid-1990s, it was the most powerful retailer in the U.S. and expanded into Mexico in 1991 and Canada in 1994. Wal-Mart stores opened throughout the rest of the U.S., with Vermont being the last state to get a store in 1995. The company also opened stores outside North America, entering South America in 1995 with stores in Argentina and Brazil; and Europe in July 1999, buying
Asda Asda Stores Limited (), trading as Asda and often styled as ASDA, is a British supermarket and petrol station chain. Its headquarters is in Leeds, England. The company was incorporated as Associated Dairies and Farm Stores in 1949. It expanded ...
in the United Kingdom for . In 1997, Wal-Mart was
added Addition (usually signified by the plus symbol, +) is one of the four basic operations of arithmetic, the other three being subtraction, multiplication, and division. The addition of two whole numbers results in the total or '' sum'' of tho ...
to the
Dow Jones Industrial Average The Dow Jones Industrial Average (DJIA), Dow Jones, or simply the Dow (), is a stock market index of 30 prominent companies listed on stock exchanges in the United States. The DJIA is one of the oldest and most commonly followed equity indice ...
. In 1998, Wal-Mart introduced the Neighborhood Market concept with three stores in Arkansas. By 2005, estimates indicate that the company controlled about 20% of the retail grocery and consumables business. In 2000, H. Lee Scott became Wal-Mart's president and CEO as the company's sales increased to $165 billion. In 2002, it was listed for the first time as America's largest corporation on the
Fortune 500 The ''Fortune'' 500 is an annual list compiled and published by ''Fortune (magazine), Fortune'' magazine that ranks 500 of the largest United States Joint-stock company#Closely held corporations and publicly traded corporations, corporations by ...
list, with revenues of $219.8 billion and profits of $6.7 billion. It has remained there every year except 2006, 2009, and 2012. In 2005, Wal-Mart reported in sales, more than 6,200 facilities around the world—including 3,800 stores in the United States and 2,800 elsewhere, employing more than 1.6 million associates. Its U.S. presence grew so rapidly that only small pockets of the country remained more than from the nearest store. As Wal-Mart expanded rapidly into the world's largest corporation, many critics worried about its effect on local communities, particularly small towns with many "
mom and pop Small businesses are types of corporations, partnerships, or sole proprietorships which have a small number of employees and/or less annual revenue than a regular-sized business or corporation. Businesses are defined as "small" in terms of being ...
" stores. There have been several studies on the economic impact of Wal-Mart on small towns and local businesses, jobs, and taxpayers. Kenneth Stone, a professor of economics, found that some small towns can lose almost half of their retail trade within ten years of a Wal-Mart store opening.Stone, Kenneth E. (1997).
Impact of the Wal-Mart Phenomenon on Rural Communities
". (Published in ''Proceedings: Increased Understanding of Public Problems and Policies – 1997''.
Chicago Chicago is the List of municipalities in Illinois, most populous city in the U.S. state of Illinois and in the Midwestern United States. With a population of 2,746,388, as of the 2020 United States census, 2020 census, it is the List of Unite ...
, Illinois: Farm Foundation). ''
Iowa State University Iowa State University of Science and Technology (Iowa State University, Iowa State, or ISU) is a Public university, public land-grant university, land-grant research university in Ames, Iowa, United States. Founded in 1858 as the Iowa Agricult ...
''. Retrieved August 4, 2006.
However, in another study, he compared the changes to what small-town shops had faced in the past—including the development of the railroads, the advent of the Sears Roebuck catalog, and the arrival of shopping malls—and concluded that shop owners who adapt to changes in the retail market can thrive after Wal-Mart arrives. A later study in collaboration with
Mississippi State University Mississippi State University for Agriculture and Applied Science, commonly known as Mississippi State University (MSU), is a Public university, public land-grant university, land-grant research university in Mississippi State, Mississippi, Un ...
showed that there are "both positive and negative impacts on existing stores in the area where the new supercenter locates". In the aftermath of
Hurricane Katrina Hurricane Katrina was a powerful, devastating and historic tropical cyclone that caused 1,392 fatalities and damages estimated at $125 billion in late August 2005, particularly in the city of New Orleans and its surrounding area. ...
in September 2005, Wal-Mart used its logistics network to organize a rapid response to the disaster, donating $20 million, 1,500 truckloads of merchandise, food for 100,000 meals, and the promise of a job for every one of its displaced workers. An independent study by Steven Horwitz of
St. Lawrence University St. Lawrence University is a private liberal arts college in the village of Canton in St. Lawrence County, New York. It has roughly 2,100 undergraduate and 100 graduate students. Though St. Lawrence today is nonsectarian, it was founded in 1 ...
found that Wal-Mart,
The Home Depot The Home Depot, Inc., often referred to as Home Depot, is an American multinational corporation, multinational home improvement retail corporation that sells tools, construction products, appliances, and services, including fuel and transportat ...
, and
Lowe's Lowe's Companies, Inc. ( ) is an American retail company specializing in home improvement. Headquartered in Mooresville, North Carolina, the company operates a chain of retail stores in the United States. As of October 28, 2022, Lowe's and i ...
made use of their local knowledge about supply chains, infrastructure, decision makers and other resources to provide emergency supplies and reopen stores well before the
Federal Emergency Management Agency The Federal Emergency Management Agency (FEMA) is an agency of the United States Department of Homeland Security (DHS), initially created under President Jimmy Carter by Presidential Reorganization Plan No. 3 of 1978 and implemented by two Exec ...
(FEMA) began its response. While the company was overall lauded for its quick response amidst
criticism Criticism is the construction of a judgement about the negative or positive qualities of someone or something. Criticism can range from impromptu comments to a written detailed response. , ''the act of giving your opinion or judgment about the ...
of FEMA, several critics were quick to point out that there still remained issues with the company's labor relations. In 2006, Charles Fishman published ''
The Wal-Mart Effect ''The Wal-Mart Effect'' is a 2006 book by business journalist Charles Fishman, a senior editor at ''Fast Company'' magazine, which describes local and global economic effects attributable to the retail chain Walmart. In the book, Fishman writes ...
'', examining the operation of Wal-Mart's
supply chain A supply chain is a complex logistics system that consists of facilities that convert raw materials into finished products and distribute them to end consumers or end customers, while supply chain management deals with the flow of goods in distri ...
. His book caught the attention of the press and the public. Fishman's case studies illustrate Wal-Mart's drive to lower costs and achieve greater efficiency and suggest that it may have significant upstream effects. Since Fishman's book was published, Wal-Mart has more than doubled in size. Further research on Wal-Mart's role in the food supply chain has tended to be limited and anecdotal.


2005–2010: Initiatives


Environmental initiatives

In November 2005, Wal-Mart announced several environmental measures to increase
energy efficiency Energy efficiency may refer to: * Energy efficiency (physics), the ratio between the useful output and input of an energy conversion process ** Electrical efficiency, useful power output per electrical power consumed ** Mechanical efficiency, a rat ...
and improve its overall environmental record, which had previously been lacking. The company's primary goals included spending $500 million a year to increase fuel efficiency in Wal-Mart's truck fleet by 25% over three years and double it within ten; reduce
greenhouse gas emissions Greenhouse gas (GHG) emissions from human activities intensify the greenhouse effect. This contributes to climate change. Carbon dioxide (), from burning fossil fuels such as coal, petroleum, oil, and natural gas, is the main cause of climate chan ...
by 20% in seven years; reduce energy use at stores by 30%; and cut solid waste from U.S. stores and Sam's Clubs by 25% in three years. CEO Lee Scott said that Wal-Mart's goal was to be a "good steward of the environment" and ultimately use only
renewable energy Renewable energy (also called green energy) is energy made from renewable resource, renewable natural resources that are replenished on a human lifetime, human timescale. The most widely used renewable energy types are solar energy, wind pow ...
sources and produce
zero waste Zero waste, or ''waste minimization'', is a set of principles focused on waste prevention that encourages redesigning resource life cycles so that all products are repurposed (i.e. "up-cycled") and/or reused. The goal of the movement is to avoid ...
. The company also designed three new experimental stores with
wind turbine A wind turbine is a device that wind power, converts the kinetic energy of wind into electrical energy. , hundreds of thousands of list of most powerful wind turbines, large turbines, in installations known as wind farms, were generating over ...
s,
photovoltaic Photovoltaics (PV) is the conversion of light into electricity using semiconducting materials that exhibit the photovoltaic effect, a phenomenon studied in physics, photochemistry, and electrochemistry. The photovoltaic effect is commercially ...
solar panels,
biofuel Biofuel is a fuel that is produced over a short time span from Biomass (energy), biomass, rather than by the very slow natural processes involved in the formation of fossil fuels such as oil. Biofuel can be produced from plants or from agricu ...
-capable boilers, water-cooled refrigerators, and
xeriscape Xeriscaping is the process of landscaping, or gardening, that reduces or eliminates the need for irrigation. It is promoted in regions that do not have accessible, plentiful, or reliable supplies of fresh water and has gained acceptance in other ...
gardens. In this time, Wal-Mart also became the biggest seller of organic milk and the biggest buyer of organic cotton in the world, while reducing packaging and energy costs. In 2007, the company worked with outside consultants to discover its total environmental impact and find areas for improvement. Wal-Mart created its own electric company in Texas, named Texas Retail Energy, which planned to supply its stores with cheap power purchased at wholesale prices. Through this new venture, the company expected to save $15 million annually and also to lay the groundwork and infrastructure to sell electricity to Texas consumers in the future.


Branding and store design changes

In 2006, Wal-Mart announced that it would remodel its U.S. stores to help it appeal to a wider variety of demographics, including more affluent shoppers. As part of the initiative, the company launched a new store in Plano, Texas, that included high-end electronics, jewelry, expensive wines and a sushi bar. On September 12, 2007, Wal-Mart introduced new advertising with the
slogan A slogan is a memorable motto or phrase used in a clan or a political, commercial, religious, or other context as a repetitive expression of an idea or purpose, with the goal of persuading members of the public or a more defined target group ...
, "''Save money. Live better.''", replacing the previous slogan "''Always Low Prices, Always''", which it had used since 1988.
Global Insight Global Insight is an economics Economics () is a behavioral science that studies the Production (economics), production, distribution (economics), distribution, and Consumption (economics), consumption of goods and services. Economics fo ...
, which conducted the research that supported the ads, found that Wal-Mart's
price level The general price level is a hypothetical measure of overall prices for some set of goods and services (the consumer basket), in an economy or monetary union during a given interval (generally one day), normalized relative to some base set. ...
reduction resulted in savings for consumers of $287 billion in 2006, which equated to $957 per person or $2,500 per household (up 7.3% from the 2004 savings estimate of $2,329). On June 30, 2008, Wal-Mart removed the hyphen from its logo and replaced the star with a ''Spark'' symbol. The store branding became "Walmart", with the corporate name remaining with the hyphen as "Wal-Mart". The new logo received mixed reviews from design critics who questioned whether the new logo was as bold as those of competitors, such as the
Target Target may refer to: Warfare and shooting * Shooting target, used in marksmanship training and various shooting sports ** Bullseye (target), the goal one for which one aims in many of these sports ** Aiming point, in field artille ...
bullseye, or as instantly recognizable as the previous company's logo, which was used for 18 years. The new logo made its debut on the company's website on July 1, 2008, and its U.S. locations updated store logos in the fall of 2008. Walmart Canada started to adopt the logo for its stores in early 2009.


Acquisitions and employee benefits

On March 20, 2009, Walmart announced that it was paying a combined in bonuses to every full and part-time hourly worker. This was in addition to $788.8 million in
profit sharing Profit sharing refers to various incentive plans introduced by businesses which provide direct or indirect payments to employees, often depending on the company's profitability, employees' regular salaries, and bonuses. In publicly traded compa ...
,
401(k) In the United States, a 401(k) plan is an employer-sponsored, defined-contribution, personal pension (savings) account, as defined in subsection 401(k) of the U.S. Internal Revenue Code. Periodic employee contributions come directly out of their ...
pension contributions, hundreds of millions of dollars in merchandise discounts, and contributions to the employees' stock purchase plan. While the economy at large was in an ongoing
recession In economics, a recession is a business cycle contraction that occurs when there is a period of broad decline in economic activity. Recessions generally occur when there is a widespread drop in spending (an adverse demand shock). This may be tr ...
, Walmart reported solid financial figures for the fiscal year ending January 31, 2009, with $401.2 billion in net sales, a gain of 7.2% from the prior year. Income from continuing operations increased 3% to $13.3 billion, and earnings per share rose 6% to $3.35. On February 22, 2010, the company confirmed it was acquiring
video streaming Video on demand (VOD) is a media distribution system that allows users to access videos, television shows and films digitally on request. These multimedia are accessed without a traditional video playback device and a typical static broadcasting ...
company Vudu, Inc. for an estimated $100 million.


2011–2019

Walmart's truck fleet logs millions of miles each year, and the company planned to double the fleet's efficiency between 2005 and 2015. Fifteen based at Walmart's
Buckeye, Arizona Buckeye is a city in Maricopa County, Arizona, Maricopa County, Arizona, United States. It is Arizona's second-largest city by area, and it is the westernmost suburb in the Phoenix Metropolitan Area. As of the 2020 United States census, 2020 ...
, distribution center were converted to run on
biofuel Biofuel is a fuel that is produced over a short time span from Biomass (energy), biomass, rather than by the very slow natural processes involved in the formation of fossil fuels such as oil. Biofuel can be produced from plants or from agricu ...
from reclaimed cooking grease made during food preparation at Walmart stores. On November 14, 2012, Walmart launched its first mail subscription service called Goodies. Customers pay a $7 monthly subscription for five to eight delivered food samples each month. The service shut down in late 2013. In August 2013, the firm announced it was in talks to acquire a majority stake in the
Kenya Kenya, officially the Republic of Kenya, is a country located in East Africa. With an estimated population of more than 52.4 million as of mid-2024, Kenya is the 27th-most-populous country in the world and the 7th most populous in Africa. ...
-based supermarket chain,
Naivas Naivas Supermarket, often referred to simply as "Naivas", is the largest supermarket chain in Kenya, with 106 outlets as of November 2024. At that time, it was the largest supermarket chain in Kenya, ahead of Quick Mart Limited, which had 51 o ...
. In June 2014, some Walmart employees went on strike in major U.S. cities demanding higher wages. In July 2014, American actor and comedian
Tracy Morgan Tracy Jamal Morgan (born November 10, 1968) is an American stand-up comedian and actor. He was a cast member on the NBC sketch comedy television series ''Saturday Night Live'' from 1996 to 2003, and played Tracy Jordan in the NBC sitcom ''30 Ro ...
launched a lawsuit against Walmart seeking punitive damages over a multi-car pile-up which the suit alleges was caused by the driver of one of the firm's tractor-trailers who had not slept for 24 hours. Morgan's limousine was apparently hit by the trailer, injuring him and two fellow passengers and killing a fourth, fellow comedian James McNair. Walmart settled with the McNair family for $10 million, while admitting no liability. Morgan and Walmart reached a settlement in 2015 for an undisclosed amount, though Walmart later accused its insurers of "bad faith" in refusing to pay the settlement. In 2015, Walmart was the biggest U.S. commercial producer of
solar power Solar power, also known as solar electricity, is the conversion of energy from sunlight into electricity, either directly using photovoltaics (PV) or indirectly using concentrated solar power. Solar panels use the photovoltaic effect to c ...
with 142 MW
capacity Capacity or capacities may refer to: Mathematics, science, and engineering * Capacity of a container, closely related to the volume of the container * Capacity of a set, in Euclidean space, the total charge a set can hold while maintaining a giv ...
, and had 17
energy storage Energy storage is the capture of energy produced at one time for use at a later time to reduce imbalances between energy demand and energy production. A device that stores energy is generally called an Accumulator (energy), accumulator or Batte ...
projects. This solar was primarily on rooftops, whereas there is an additional 20,000 m2 for solar canopies over parking lots. On January 15, 2016, Walmart announced it would close 269 stores in 2016, affecting 16,000 workers. Of the stores earmarked for closure, 154 were in the U.S., 95% of which were located, on average, 10 miles from another Walmart store. The 269 stores represented less than 1 percent of global square footage and revenue for the company. The 102 locations of Neighborhood Markets that were formerly or originally planned to be Walmart Express, which had been in a pilot program since 2011 and converted in to Neighborhood Markets in 2014, were included in the closures. Walmart planned to focus on "strengthening Supercenters, optimizing Neighborhood Markets, growing the e-commerce business and expanding pickup services for customers". In fiscal 2017, the company plans to open between 50 and 60 Supercenters, 85 to 95 Neighborhood Markets, 7 to 10 Sam's Clubs, and 200 to 240 international locations. At the end of fiscal 2017, Walmart opened 38 Supercenters and relocated, expanded or converted 21 discount stores into Supercenters, for a total of 59 Supercenters, and opened 69 Neighborhood Markets, 8 Sam's Clubs, and 173 international locations, and relocated, expanded or converted 4 locations for a total of 177 international locations. On August 8, 2016, Walmart announced a deal to acquire e-commerce website Jet.com for US$3.3 billion. Jet.com co-founder and
CEO A chief executive officer (CEO), also known as a chief executive or managing director, is the top-ranking corporate officer charged with the management of an organization, usually a company or a nonprofit organization. CEOs find roles in variou ...
Marc Lore Marc Eric Lore ( ; born May 16, 1971) is an American entrepreneur, businessman, and investor. Lore is founder, chairman, and CEO of the Wonder Group. From 2016 to 2021, he was the president and CEO of Walmart U.S. eCommerce. Lore was appointed in ...
stayed on to run Jet.com in addition to Walmart's existing U.S. e-commerce operation. The acquisition was structured as a payout of $3 billion in cash, and an additional $300 million in Walmart stock vested over time as part of an incentive bonus plan for Jet.com executives. On October 19, 2016, Walmart announced it would partner with IBM and Tsinghua University to track the pork supply chain in China using blockchain. The use of blockchain to automate the tracking of the supply chain promises the potential for Walmart to save money and thus increase profits. On February 15, 2017, Walmart announced the acquisition of Moosejaw, a leading online active outdoor retailer, for approximately $51 million. The acquisition closed on February 13, 2017. On June 16, 2017, Walmart agreed to acquire the men's apparel company
Bonobos The bonobo (; ''Pan paniscus''), also historically called the pygmy chimpanzee (less often the dwarf chimpanzee or gracile chimpanzee), is an endangered great ape and one of the two species making up the genus ''Pan (genus), Pan'' (the other bei ...
for $310 million in an effort to expand its fashion holdings. On September 29, 2017, Walmart acquired Parcel, a same-day and last-mile delivery company in
Brooklyn Brooklyn is a Boroughs of New York City, borough of New York City located at the westernmost end of Long Island in the New York (state), State of New York. Formerly an independent city, the borough is coextensive with Kings County, one of twelv ...
. In 2018, Walmart started crowdsourcing delivery services to customers using drivers' private vehicles, under the brand "Spark". On December 6, 2017, Walmart announced that it would change its corporate name to Walmart Inc. from Wal-Mart Stores, Inc. effective February 1, 2018. On January 11, 2018, Walmart announced that 63 Sam's Club locations would be closing. Some of the stores had already liquidated, without notifying employees; some employees learned by a company-wide email delivered January 11. Walmart said that ten of the stores will become e-commerce distribution centers and employees can reapply to work at those locations. ''
Business Insider ''Business Insider'' (stylized in all caps: BUSINESS INSIDER; known from 2021 to 2023 as INSIDER) is a New York City–based multinational financial and business news website founded in 2007. Since 2015, a majority stake in ''Business Inside ...
'' magazine calculated that over 11,000 workers would be affected. On the same day, Walmart announced that as a result of the new tax law, it would be raising Walmart starting wages, distributing bonuses, expanding its leave policies and contributing toward the cost of employees' adoptions.
Doug McMillon Carl Douglas McMillon (born October 17, 1966) is an American businessman who has been the president and chief executive officer (CEO) of Walmart since 2014. He also sits on the retailer's board of directors. McMillon first joined the company as ...
, Walmart's CEO, said, "We are early in the stages of assessing the opportunities tax reform creates for us to invest in our customers and associates and to further strengthen our business, all of which should benefit our shareholders." It was reported that Walmart is now looking at entering the subscription-video space, hoping to compete with Netflix and Amazon. They have enlisted the help of former
Epix MGM+ (formerly known as Epix; pronounced ''epics'' and stylized as eᴘix), is an American premium cable and satellite television network owned by the MGMPlus Entertainment subsidiary of Metro-Goldwyn-Mayer (MGM), which is itself a subsidiary ...
CEO, Mark Greenberg, to help develop a low-cost subscription video-streaming service. On February 26, 2019, Walmart announced that it had acquired Tel Aviv-based product review start-up Aspectiva for an undisclosed sum. In May 2019, Walmart announced the launch of free one-day shipping on more than 220,000 items with minimum purchase amount of $35. In September 2019, Walmart made the announcement that it would cease the sale of all e-cigarettes due to "regulatory complexity and uncertainty" over the products. Earlier in 2019, Walmart stopped selling fruit-flavored e-cigarette and had raised the minimum age to 21 for the purchase of products containing tobacco. That same month, Walmart opened its first Health Center, a "medical mall" where customers can purchase primary care services. Prices without insurance were listed, for instance, at $30 for an annual physical and $45 for a counseling session. Continuing with its health care initiative, they opened a health and wellness clinic prototype in Springdale, Arkansas just to expand services. By October 2019, Walmart stopped selling all live fish and aquatic plants.


2020s: Continuing growth and development

In early 2020, the coronavirus (COVID-19) pandemic forced temporary measures such as store closures, limited store occupancy, large-scale employee dismissal, and the enforcement of
social distancing In public health, social distancing, also called physical distancing, (NB. Regula Venske is president of the PEN Centre Germany.) is a set of non-pharmaceutical interventions or measures intended to prevent the spread of a contagious dise ...
protocols for Walmart and many other companies. Store hours were adjusted to allow cleaning and stocking. Limits on items were placed due to the rise of
panic buying Panic buying (alternatively hyphenated as panic-buying; also known as panic purchasing) occurs when consumers buy unusually large amounts of a product in anticipation of, or after, a disaster or perceived disaster, or in anticipation of a large p ...
. During the pandemic, Walmart changed some of its employee benefits. Employees were able to decide to stay home and take unpaid leave if they feel unable to work or uncomfortable coming to work. Additionally, Walmart employees who contract the virus would receive "up to two weeks of pay". After two weeks, hourly associates who are unable to return to work are eligible for up to 26 weeks in pay. Walmart paid pandemic bonuses of $428 million to its staff. People who did part-time or temporary work received a bonus of $150 while those who worked full-time received a bonus of $300. Starting in July 2020, Walmart customers were required to wear masks in all stores nationwide, including Sam's Club. By February 2022, the COVID-19 restrictions such as the mask requirements and employee benefits were lifted. In the first quarter of 2020, consumers responded to COVID by shopping less frequently (5.6% fewer transactions), and buying more when they did shop (16.5%). As people shifted from eating out to eating at home, net sales at Walmart increased by 10.5%, while online sales rose by 74%. Although Walmart experienced a 5.5% increase in operating expenses, its net income increased by 3.9%. In the third quarter of 2020, Walmart reported revenue of $134.7 billion, representing a year-on-year increase of 5.2 percent. In December 2020, Walmart launched a new service, Carrier Pickup, that allows the customers to schedule returns. In January 2021, Walmart announced that the company is launching a
fintech Financial technology (abbreviated as fintech) refers to the application of innovative technologies to products and services in the financial industry. This broad term encompasses a wide array of technological advancements in financial services, ...
startup, with venture partner
Ribbit Capital Ribbit Capital (Ribbit) is an American investment firm based in San Francisco, California. The firm focuses on investments related to fintech. It is an early investor in Robinhood Markets and Bitcoin. Background. In 2012, Ribbit was founded ...
, to provide financial products for consumers and employees. In February 2021, Walmart acquired technology from Thunder Industries, which uses automation to create digital ads, to expand its online marketing capabilities. In May 2021, Walmart acquired the Israeli startup Zeekit for $200 million. Zeekit uses artificial intelligence to allow customers to try on clothing via a dynamic virtual platform. In August 2021, Walmart announced it would open its Spark crowdsource delivery to other businesses as a white-label service, competing with
Postmates Postmates Inc. is an American food delivery service, founded in 2011, and acquired by Uber in 2020. It offers local delivery of restaurant-prepared meals and other goods. It is headquartered in San Francisco, California. , Postmates operate ...
and
online food ordering Online food ordering is the process of ordering food, for Food delivery, delivery or pickup, from a website or other application. The product can be either ready-to-eat food (e.g., direct from a home-kitchen, restaurant, or a virtual restaurant) ...
delivery companies. In December 2021, Walmart announced it will participate in the Stephens Investment Conference Wednesday, and the Morgan Stanley Virtual Global Consumer & Retail Conference. In June 2022, Walmart announced it would be acquiring Memomi, an AR optical tech company. In August 2022, Walmart announced it would be acquiring Volt Systems, a vendor management and product tracking software company. Walmart announced it was partnering with
Paramount Paramount (from the word ''paramount'' meaning "above all others") may refer to: Entertainment and music companies * Paramount Global, also known simply as Paramount, an American mass media company formerly known as ViacomCBS. **Paramount Picture ...
to offer
Paramount+ Paramount+ (formerly known as CBS All Access in the United States and 10 All Access in Australia) is an American Video on demand#Subscription models, subscription video on-demand Over-the-top media service, over-the-top Streaming media, stream ...
content to its Walmart+ subscribers in a bid to better compete with Amazon. In August 2022, Walmart announced that locations were not going back to 24 hours with most stores now being open between 6am and 11pm. In January 2023, Walmart announced it would raise its minimum wage for U.S. hourly workers from $12 to $14 an hour. Approximately 340,000 employees are expected to receive a raise, effective in early March 2023, and Walmart's U.S. average wage is expected to be over $17.50. The company also announced it would be adding additional college degrees and certificates to its Live Better U program. In February 2023, Walmart announced that they had made $611.3 billion in sales in the previous financial year, up 6.7%, which included a bump in the fourth quarter of the year, which saw $164 billion in sales. Profits for the company were also up, almost doubled from the previous year. In April 2023, the company announced it would add electric vehicle charging stations at thousands of stores by 2030, which would be on top of the almost 1,300 existing stations that were in operation at 280 company locations at the time of the announcement. ''
CNBC CNBC is an American List of business news channels, business news channel owned by the NBCUniversal News Group, a unit of Comcast's NBCUniversal. The network broadcasts live business news and analysis programming during the morning, Day ...
'' noted that the company stated it had more than 4,700 stores and 600 Sam Club's stores that were located within 10 miles of roughly 90% of Americans. In January 2024, Walmart announced it would open over 150 stores in the U.S. over the next five years while remodeling 650 existing ones across 47 states and Puerto Rico. This was a reversal for the company, which had been in a period of de-emphasizing new store openings as it focused on online competition, in particular from Amazon, and came amid an overall greater industry focus on traditional retail in the post-pandemic area. In February 2024, the company announced that its "Project Gigaton" initiative begun in 2017 to reduce its
Scope 3 emissions Carbon accounting (or greenhouse gas accounting) is a framework of methods to measure and track how much greenhouse gas (GHG) an organization emits. It can also be used to track projects or actions to reduce emissions in sectors such as forest ...
from suppliers by 1 billion
metric tons The tonne ( or ; symbol: t) is a unit of mass equal to 1,000 kilograms. It is a non-SI unit accepted for use with SI. It is also referred to as a metric ton in the United States to distinguish it from the non-metric units of the sh ...
by 2030 had reached its goal 6 years early, and that 75% of its net sales in fiscal year 2023 were from suppliers participating in the initiative. In 2024, Walmart reported that they were planning to remove the self checkout from some stores due to feedback. On August 27, 2024, Walmart announced a new service to transport goods from Asia to U.S. and compete more effectively with Amazon. On November 25, 2024, Walmart announced that it is ending its
diversity, equity, and inclusion In the United States, diversity, equity, and inclusion (DEI) are organizational frameworks that seek to promote the fair treatment and full participation of all people, particularly groups who have historically been underrepresented or subject ...
(DEI) programs, in addition to delisting products designed for
transgender A transgender (often shortened to trans) person has a gender identity different from that typically associated with the sex they were sex assignment, assigned at birth. The opposite of ''transgender'' is ''cisgender'', which describes perso ...
minors such as breast binders. In January 2025, Walmart redesigned its logo for the first time since 2008. The logo largely stayed the same except the word was made a little bigger, the background darker blue, and the spark slightly bigger. On June 2025, Walmart teamed up with
Synchrony Financial Synchrony Financial is an American consumer financial services company with its headquarters in Stamford, Connecticut, United States. The company offers consumer financing products, including credit, promotional financing and loyalty programs, ...
to issue their credit card, which marks the return of a collaboration that ended in 2018


Acquisitions and employee benefits

In February 2024, the company announced that managers will be given stock grants of up to $20,000, Walmart also announced a 3–1 stock split that will make it easier for employees to buy company stock. Such stock rewards for rank-and-file employees are rare in the retail industry, which analysts say could generate $20 billion in revenue for the average household in the near future. The company is also raising the starting base salary for store managers and increasing the bonus plan of up to 200 per cent of their regular salaries. Also in February, Walmart entered into an agreement to acquire
Vizio Vizio is an American designer of televisions, soundbars, and related software and accessories owned by Walmart since 2024. The company was founded in 2002 and is based in Irvine, California.Lawton, Christopher, Iwatani Kane, Yukari and Dean, J ...
for $2.3billion with the intention to expand its advertising sales in video content that streams for free on Vizio devices. Following regulatory approval, the acquisition was finalized on December 3.


Operating divisions

As of 2016, Walmart's operations are organized into four divisions: Walmart U.S., Walmart International,
Sam's Club Sam's West, Inc. (doing business as Sam's Club) is a chain of membership-only warehouse club retail stores in the United States owned by Walmart. It was founded in 1983 and named after Walmart founder Sam Walton as Sam's Wholesale Club. , Sam's ...
and Global eCommerce. In the United States, Walmart's stores operate in four formats: discount, Supercenters, Neighborhood Markets, and Sam's Club stores. Walmart International stores include additional formats such as supermarkets, hypermarkets, cash-and-carry stores, home improvement, specialty electronics, restaurants, apparel stores, drugstores, and convenience stores.


Walmart U.S.

File:Walmart in Fajardo, Puerto Rico.jpg, Walmart in
Fajardo, Puerto Rico Fajardo () is a town and a municipality part of the San Juan-Caguas-Fajardo Combined Statistical Area in Puerto Rico. Fajardo is the hub of much of the recreational boating in Puerto Rico and a popular launching port to Culebra, Vieques, and ...
Walmart U.S. is the company's largest division, accounting for , or 65 percent of total sales, for fiscal 2019. It consists of three retail formats that have become commonplace in the United States: Supercenters,
Discount Stores Discount stores offer a retail format in which products are sold at prices that are in principle lower than an actual or supposed "full retail price". Discounters rely on bulk purchasing and efficient distribution to keep down costs. Types (Uni ...
, Neighborhood Markets, and other small formats. The discount stores sell a variety of mostly non-grocery products, though emphasis has now shifted towards supercenters, which include more groceries. there are a total of 4,720 Walmart U.S. stores. In the United States, 90 percent of the population resides within 10 miles of a Walmart store. The total number of Walmart U.S. stores and Sam's Clubs combined is 5,320. The president and CEO of Walmart U.S. is John Furner.


Walmart Supercenter

Walmart Supercenters, branded simply as "Walmart", are
hypermarket A hypermarket or superstore is a big-box store combining a supermarket and a department store. The result is an expansive retail facility carrying a wide range of products under one roof, including full grocery lines and general merchandise. In ...
s with sizes varying from , but averaging about . These stock general merchandise and a full-service supermarket, including meat and poultry,
baked goods Baking is a method of preparing food that uses dry heat, typically in an oven, but it can also be done in hot ashes, or on hot Baking stone, stones. Bread is the most commonly baked item, but many other types of food can also be baked. Heat is ...
,
delicatessen A delicatessen or deli is a grocery that sells a selection of fine, exotic, or foreign prepared foods. Delicatessens originated in Germany (contemporary spelling: ) during the 18th century and spread to the United States in the mid-19th centur ...
,
frozen food Freezing food Food preservation, preserves it from the time it is prepared to the time it is eaten. Since early times, farmers, fishermen, and trappers have preserved grains and produce in unheated buildings during the winter season. Freezing foo ...
s, dairy products, garden
produce In American English, produce generally refers to wikt:fresh, fresh List of culinary fruits, fruits and Vegetable, vegetables intended to be Eating, eaten by humans, although other food products such as Dairy product, dairy products or Nut (foo ...
, and fresh seafood. Many Walmart Supercenters also have a garden center, pet shop,
pharmacy Pharmacy is the science and practice of discovering, producing, preparing, dispensing, reviewing and monitoring medications, aiming to ensure the safe, effective, and affordable use of medication, medicines. It is a miscellaneous science as it ...
, Tire & Lube Express, optical center, one-hour photo processing lab, portrait studio, and numerous alcove shops, such as cellular phone stores, hair and nail salons, video rental stores, local bank branches (such as
Woodforest National Bank Woodforest National Bank is a privately held bank headquartered in The Woodlands, Texas. As of March 2020, it had more than 770 branches in 17 different states. Woodforest National Bank is Walmart's largest retail partner, and also provides financ ...
branches in newer locations), and fast food outlets. Many Walmart Supercenters currently feature
McDonald's McDonald's Corporation, doing business as McDonald's, is an American Multinational corporation, multinational fast food chain store, chain. As of 2024, it is the second largest by number of locations in the world, behind only the Chinese ch ...
or Subway restaurants. In some Canadian locations,
Tim Hortons Tim Hortons Inc., known colloquially as Tim's, Timmies, or Timmy's, is a Canadian multinational coffeehouse and restaurant chain with headquarters in Toronto; it serves coffee, Doughnut, donuts, sandwiches, Breakfast sandwich, breakfast egg mu ...
were opened. Recently, in several Supercenters, like the
Tallahassee, Florida Tallahassee ( ) is the List of capitals in the United States, capital city of the U.S. state of Florida. It is the county seat of and the only incorporated municipality in Leon County, Florida, Leon County. Tallahassee became the capital of Fl ...
and the
Palm Desert, California Palm Desert is a city in the Coachella Valley region of Riverside County, California. The city is located in the Colorado Desert arm of the Sonoran Desert, about east of Palm Springs, northeast of San Diego and east of Los Angeles. The popula ...
locations, Walmart added
Burger King Burger King Corporation (BK, stylized in all caps) is an American multinational chain store, chain of hamburger fast food restaurants. Headquartered in Miami-Dade County, Florida, the company was founded in 1953 as Insta-Burger King, a Jacks ...
to their locations, and the location in
Glen Burnie, Maryland Glen Burnie is an unincorporated town and census-designated place (CDP) in Anne Arundel County, Maryland, United States. It is a suburb of Baltimore. The population was 72,891 at the 2020 census. History In 1812, Elias Glenn, a district attorn ...
, due to its past as a hypermarket called Leedmark, boasts an
Auntie Anne's Auntie Anne's is an American franchised chain of pretzel shops founded by Anne F. Beiler and her husband, Jonas, in 1988. Auntie Anne's serves products such as pretzels, dips, and beverages. They also offer Pretzels & More Homemade Baking Mix ...
and an Italian restaurant. Some Walmart locations in Canada have Axess Law locations,
Mary Brown's Mary Brown's Chicken is a Canadian fast food restaurant with approximately 300 locations across Canada. The chain specializes in fried chicken. History In 1969, Pat Tarrant and Cyril Fleming purchased rights to open up the first Canadian Golde ...
, Burger King and McDonald's, and
Atlantic Lottery Corporation The Atlantic Lottery Corporation (ALC) (French: Société des loteries de l'Atlantique), branded as simply Atlantic Lottery or Loto Atlantique, is a Canadian organization that provides government-regulated lottery products in Atlantic Canada. Th ...
locations in the Atlantic region. Some U.S. locations have
Wendy's Wendy's International, LLC, is an American international fast food restaurant chain founded by Dave Thomas (businessman), Dave Thomas on November 15, 1969, in Columbus, Ohio. Its headquarters moved to Dublin, Ohio, on January 29, 2006. As of D ...
,
Domino's Domino's Pizza, Inc., commonly referred to as Domino's, is an American multinational pizza restaurant chain founded in 1960 and led by CEO Russell Weiner. The corporation is Delaware-domiciled and headquartered at the Domino's Farms office p ...
,
Taco Bell Taco Bell Corp. is an American multinational chain of fast food restaurants founded in 1962 by Glen Bell (1923–2010) in Downey, California. Taco Bell is a subsidiary of Yum! Brands, Inc. The restaurants serve a variety of Mexican-inspired ...
,
Claire's Claire's (formerly known as Claire's Boutiques, Claire's Boutique and Claire's Accessories) is an American retailer of accessories, jewelry, and toys primarily aimed towards tween and teen girls, and young women. It was founded in 1961 and i ...
, and small arcades called GamePlay. Very few U.S. locations have
KFC KFC Corporation, doing business as KFC (an abbreviation of Kentucky Fried Chicken), is an American fast food restaurant chain specializing in fried chicken and chicken sandwiches. Headquartered in Louisville, Kentucky, it is the world's se ...
,
Hardee's Hardee's Restaurants LLC is an American Fast food restaurant, fast-food restaurant chain operated by CKE Restaurants, CKE Restaurants Holdings, Inc. ("CKE") with locations primarily in the Southern and Midwestern United States. The company has ...
,
Papa John's Papa John's International, Inc., trading as Papa Johns, is an American pizza restaurant chain. , it is the fourth largest pizza delivery restaurant chain in the United States, with headquarters in the Louisville, Kentucky and Atlanta, Georgia ...
,
Dairy Queen International Dairy Queen, Inc. (DQ) is an American multinational fast food chain founded in 1940 and currently headquartered in Bloomington, Minnesota. The first Dairy Queen was owned and operated by Sherb Noble and first opened on June 22, ...
,
Little Caesars Little Caesar Enterprises Inc. (doing business as Little Caesars) is an American multinational chain of Pizzeria, pizza restaurants that was formed in 1959. Little Caesars is the fourth largest pizza chain by total sales in the United States b ...
, and
A&W Restaurants A&W Restaurants, Inc. (also known as Allen & Wright Restaurants) is an American fast food restaurant chain distinguished by its Hamburger, "Burger Family" combos, draft root beer and root beer floats. A&W's origins date back to 1919 when Roy ...
. Some locations also have fuel stations which sell gasoline distributed by
Murphy USA Murphy USA is an American corporation based in El Dorado, Arkansas that operates a chain store, chain of retail gas stations that are primarily located in proximity to Walmart stores. It was founded as a spin-off of Murphy Oil in 2013. In the f ...
(which spun off from
Murphy Oil Murphy Oil Corporation is an American energy company engaged in hydrocarbon exploration headquartered in Houston, Texas. The company is ranked 625th on the Fortune 500 and 1860th on the Forbes Global 2000. As of December 31, 2020, the company ...
in 2013),
Sunoco Sunoco LP is an American master limited partnership organized under Delaware General Corporation Law, Delaware state law and headquartered in Dallas, Texas. Dating back to 1886, the company has transformed from a vertically integrated energy ...
("Optima"), the
Tesoro Corporation Tesoro Corporation, known briefly as Andeavor, was a Fortune 100 and a ''Fortune'' Global 500 company headquartered in San Antonio, Texas, with 2017 annual revenues of $35 billion, and over 14,000 employees worldwide. Based on 2017 revenue, the ...
("Mirastar"), USA Gasoline, and even now Walmart-branded gas stations. The first Supercenter opened in Washington, Missouri, in 1988. A similar concept, Hypermart USA, had opened a year earlier in
Garland, Texas Garland is a city in the U.S. state of Texas, located within Dallas County, Texas, Dallas County with portions extending into Collin County, Texas, Collin and Rockwall County, Texas, Rockwall counties. It is located northeast of Dallas and is a ...
. All Hypermart USA stores were later closed or converted into Supercenters. there were 3,572 Walmart Supercenters in 49 of the 50 U.S. states, the District of Columbia, and Puerto Rico. Hawaii is the only state to not have a Supercenter location. The largest Supercenter in the world, covering on two floors, is located in
Crossgates Commons Crossgates Commons is a large shopping plaza in Albany, New York along Washington Avenue Extension. It is owned and managed by Pyramid Management Group, Inc., who also own and manage the nearby Crossgates Mall. History Crossgates Commons i ...
in
Albany, New York Albany ( ) is the List of capitals in the United States, capital city of the U.S. state of New York (state), New York. It is located on the west bank of the Hudson River, about south of its confluence with the Mohawk River. Albany is the oldes ...
. A typical supercenter sells approximately 120,000 items, compared to the 35 million products sold in Walmart's online store. The "Supercenter" name has since been phased out, with these stores now simply referred to as "Walmart", since the company introduced the new Walmart logo in 2008. However, the branding is still used in Walmart's Canadian stores (spelled as "Supercentre" in Canadian English).


Walmart Discount Store

Walmart Discount Stores, also branded as simply "Walmart", are discount department stores with sizes varying from , with the average store covering . They carry general merchandise and limited
groceries A grocery store (American English, AE), grocery shop or grocer's shop (British English, BE) or simply grocery is a retail store that primarily retails a general range of food Product (business), products, which may be Fresh food, fresh or Food p ...
. Some newer and remodeled discount stores have an expanded grocery department, similar to Target's PFresh department. Many of these stores also feature a garden center, pharmacy, Tire & Lube Express, optical center, one-hour photo processing lab, portrait studio, a bank branch, a cell phone store, and a fast food outlet. Some also have gasoline stations. Discount Stores were Walmart's original concept, though they have since been surpassed by Supercenters. In 1990, Walmart opened its first Bud's Discount City location in Bentonville. Bud's operated as a closeout store, much like
Big Lots Big Lots Stores, Inc. (stylized as Big Lots!) is an American discount retail chain, specializing in the sale of closeout and overstock merchandise. Founded in 1967 as Consolidated Stores, the chain is headquartered in Columbus, Ohio, and in ...
. Many locations were opened to fulfill leases in shopping centers as Walmart stores left and moved into newly built Supercenters. All of the Bud's Discount City stores had closed or converted into Walmart Discount Stores by 1997. At its peak in 1996, there were 1,995 Walmart Discount Stores; as of October 31, 2022, that number was dropped to 365.


Walmart Neighborhood Market

Walmart Neighborhood Market, former also known as "Neighborhood Market by Walmart" or informally known as "Neighborhood Walmart", is Walmart's chain of stores ranging from and averaging about , about a fifth of the size of a Walmart Supercenter. The first Walmart Neighborhood Market opened ten years after the first Supercenter opened, but Walmart did not heavily focus on this model until the 2010s. The stores predominantly sells groceries, but also features a modest amount of household items and even general merchandise, in a format of a
general store A general merchant store (also known as general merchandise store, general dealer, village shop, or country store) is a rural or small-town store that carries a general line of merchandise. It carries a broad selection of merchandise, someti ...
s. The focus on three of Walmart's major sales categories: groceries, which account for about 55 percent of the company's revenue, pharmacy, and, at some stores, fuel. For groceries and consumables, the stores sell fresh produce, deli and bakery items, prepared foods, meat, dairy, organic, general grocery and frozen foods, in addition to cleaning products and pet supplies. Some stores offer wine and beer sales and drive-through pharmacies. Some stores, such as one at Midtown Center in
Bentonville, Arkansas Bentonville is a city in and the county seat of Benton County, Arkansas, United States. The city is centrally located in the county with Rogers, Arkansas, Rogers adjacent to the east. The city proper had a population of 54,164 at the 2020 Unite ...
, offer made-to-order pizza with a seating area for eating. Customers can also use Walmart's site-to-store operation and pick up online orders at Walmart Neighborhood Market stores just like the Supercenters and Discount Stores Products at Walmart Neighborhood Market stores have the same prices as those at Walmart's larger supercenters. A
Moody's Investors Service Moody's Ratings, previously and still legally known as Moody's Investors Service and often referred to as Moody's, is the bond credit rating business of Moody's Corporation, representing the company's traditional line of business and its histo ...
analyst said the wider company's pricing structure gives the chain of grocery stores a "competitive advantage" over competitors
Whole Foods Market Whole Foods Market, Inc. (colloquially referred to as simply Whole Foods) is an American multinational supermarket chain store, chain headquartered in Austin, Texas, which sells products free from Hydrogenated fat, hydrogenated fats and artificia ...
,
Kroger The Kroger Company, or simply Kroger, is an American retail company that operates (either directly or through its subsidiaries) supermarkets and multi-department stores throughout the United States. Founded by Bernard Kroger in 1883 in Cinc ...
and
Trader Joe's Trader Joe's is an American grocery store chain headquartered in Monrovia, California, with 597 locations across the US. The first Trader Joe's store was opened in 1967 by founder Joe Coulombe in Pasadena, California. In 1979, the chain was s ...
. Neighborhood Market stores expanded slowly at first as a way to fill gaps between Walmart Supercenters and Discount Stores in existing markets. In its first 12 years, the company opened about 180 Walmart Neighborhood Markets. By 2010, Walmart said it was ready to accelerate its expansion plans for the grocery stores. Similar to the Supercenter models, the Neighborhood Market branded had phased out overtime, with several stores now adopting the Walmart Market branding, with the name of the municipality put with "market". there were 682 Walmart Neighborhood Markets, each employing between 90 and 95 full-time and part-time workers. The total number of Neighborhood Markets and other small formats combined is 783.


Former stores and concepts

Walmart opened Supermercado de Walmart locations to appeal to
Hispanic The term Hispanic () are people, Spanish culture, cultures, or countries related to Spain, the Spanish language, or broadly. In some contexts, Hispanic and Latino Americans, especially within the United States, "Hispanic" is used as an Ethnici ...
communities in the United States. The first one, a store in the Spring Branch area of
Houston Houston ( ) is the List of cities in Texas by population, most populous city in the U.S. state of Texas and in the Southern United States. Located in Southeast Texas near Galveston Bay and the Gulf of Mexico, it is the county seat, seat of ...
, opened on April 29, 2009. The store was a conversion of an existing Walmart Neighborhood Market. In 2009, another Supermercado de Walmart opened in
Phoenix, Arizona Phoenix ( ) is the List of capitals in the United States, capital and List of cities and towns in Arizona#List of cities and towns, most populous city of the U.S. state of Arizona. With over 1.6 million residents at the 2020 census, it is the ...
. Both locations closed in 2014. In 2009, Walmart opened " Más Club", a warehouse retail operation patterned after
Sam's Club Sam's West, Inc. (doing business as Sam's Club) is a chain of membership-only warehouse club retail stores in the United States owned by Walmart. It was founded in 1983 and named after Walmart founder Sam Walton as Sam's Wholesale Club. , Sam's ...
. Its lone store also closed in 2014. Walmart Express was a chain of smaller discount stores with a range of services from groceries to check cashing and gasoline service. The concept was focused on small towns deemed unable to support a larger store and large cities where space was at a premium. Walmart planned to build 15 to 20 Walmart Express stores, focusing on Arkansas, North Carolina, and Chicago, by the end of its fiscal year in January 2012. Walmart re-branded all 22 of its Express format stores to Neighborhood Markets in an effort to streamline its retail offer. It continued to open new Express stores under the Neighborhood Market name. there were 101 small-format stores in the United States. These include 92 other small formats, 8 convenience stores and 1 pickup location. On January 15, 2016, Walmart announced that it would be closing 269 stores globally, including the 102 Neighborhood Markets that were formerly or originally planned to be Express stores. Between 2002 and 2022, Walmart owned the Amigo supermarkets chain in Puerto Rico. In 2022, Walmart announced that it would sell its Amigo stores to Pueblo Inc. and focus on modernizing its 18 Supercenter and Division 1 formats and seven Sam's Clubs stores.


Initiatives

In September 2006, Walmart announced a pilot program to sell
generic drug A generic drug is a pharmaceutical drug that contains the same chemical substance as a drug that was originally protected by chemical patents. Generic drugs are allowed for sale after the patents on the original drugs expire. Because the active ch ...
s at $4 per prescription. The program was launched at stores in the
Tampa, Florida Tampa ( ) is a city on the Gulf Coast of the United States, Gulf Coast of the U.S. state of Florida. Tampa's borders include the north shore of Tampa Bay and the east shore of Old Tampa Bay. Tampa is the largest city in the Tampa Bay area and t ...
, area, and by January 2007 had been expanded to all stores in Florida. While the average price of generics is $29 per prescription, compared to $102 for name-brand drugs, Walmart maintains that it is not selling at a loss, or providing them as an act of charity—instead, they are using the same mechanisms of mass distribution that it uses to bring lower prices to other products. Many of Walmart's low cost generics are imported from India, where they are made by drug makers that include
Ranbaxy Laboratories Ranbaxy Laboratories Limited was an Indian multinational pharmaceutical company that was incorporated in India in 1961 and remained an entity until 2014. The company went public in 1973. Ownership of Ranbaxy changed twice over the course of its ...
and
Cipla Cipla Limited is an Indian multinational pharmaceutical company headquartered in Mumbai. Cipla primarily focuses on developing medication to treat respiratory disease, cardiovascular disease, arthritis, diabetes, depression, paediatric and var ...
. On February 6, 2007, the company launched a "beta" version of a movie download service, which sold about 3,000 films and television episodes from all major studios and television networks. The service was discontinued on December 21, 2007, due to low sales. In 2008, Walmart started a pilot program in the small grocery store concept called Marketside in the metropolitan
Phoenix, Arizona Phoenix ( ) is the List of capitals in the United States, capital and List of cities and towns in Arizona#List of cities and towns, most populous city of the U.S. state of Arizona. With over 1.6 million residents at the 2020 census, it is the ...
area. The four stores closed in 2011. In 2015, Walmart began testing a free grocery pickup service, allowing customers to select products online and choose their pickup time. At the store, a Walmart employee loads the groceries into the customer's car. the service is available in 39 U.S. states. In May 2016, Walmart announced a change to ShippingPass, its three-day shipping service, and that it will move from a three-day delivery to two-day delivery to remain competitive with Amazon. Walmart priced it at 49 dollars per year, compared to Amazon Prime's 99-dollar-per-year price. In June 2016, Walmart and Sam's Club announced that they would begin testing a last-mile grocery delivery that used services including
Uber Uber Technologies, Inc. is an American multinational transportation company that provides Ridesharing company, ride-hailing services, courier services, food delivery, and freight transport. It is headquartered in San Francisco, California, a ...
,
Lyft Lyft, Inc. is an American company offering ride-hailing services, motorized scooters, and bicycle-sharing systems in the United States and Canada. Lyft sets fares, which vary using a dynamic pricing model based on local supply and demand a ...
, and
Deliv Deliv Inc. was an American crowdshipping, same-day delivery startup, based in Menlo Park, California Menlo Park ( ) is a city at the eastern edge of San Mateo County, California, San Mateo County in the San Francisco Bay Area of California, ...
, to bring customers' orders to their homes. Walmart customers would be able to shop using the company's online grocery service at grocery.walmart.com, then request delivery at checkout for a small fee. The first tests were planned to go live in Denver and Phoenix. Walmart announced on March 14, 2018, that it would expand online delivery to 100 metropolitan regions in the United States, the equivalent of 40 percent of households, by the end of the year of 2018. Walmart's Winemakers Selection
private label A private label, also called a private brand or private-label brand, is a brand owned by a company, offered by that company alongside and competing with brands from other businesses. A private-label brand is almost always offered exclusively by th ...
wine was introduced in June 2018 in about 1,100 stores. The wine, from domestic and international sources, was described by ''Washington Post'' food and wine columnist Dave McIntyre as notably good for the inexpensive ($11 to $16 per bottle) price level. In October 2019, Walmart announced that customers in 2,000 locations in 29 states can use the grocery pickup service for their adult beverage purchases. Walmart will also deliver adult beverages from nearly 200 stores across California and Florida. In February 2020, Walmart announced a new membership program called, "Walmart +". The news came shortly after Walmart announced the discontinuation of its personal shopping service, Jetblack.


Numbers of stores by state

Locations as of October 1, 2022


Walmart International

Walmart's international operations comprised 5,266 stores and 800,000 workers in 23 countries outside the United States. There are wholly owned operations in Argentina, Brazil, Canada, and the UK. With 2.2 million employees worldwide, the company is the largest private employer in the U.S. and Mexico, and one of the largest in Canada. In fiscal 2019 Walmart's international division sales were , or 23.7 percent of total sales. International retail units range from , while wholesale units range from . Kathryn McLay is the president and CEO of Walmart International.


Central America

Walmart also owns 51 percent of the Central American Retail Holding Company (CARHCO), which, consists of 868 stores, including 263 stores in
Guatemala Guatemala, officially the Republic of Guatemala, is a country in Central America. It is bordered to the north and west by Mexico, to the northeast by Belize, to the east by Honduras, and to the southeast by El Salvador. It is hydrologically b ...
(under the Paiz, Walmart Supercenter, Despensa Familiar, and Maxi Dispensa banners), 102 stores in
El Salvador El Salvador, officially the Republic of El Salvador, is a country in Central America. It is bordered on the northeast by Honduras, on the northwest by Guatemala, and on the south by the Pacific Ocean. El Salvador's capital and largest city is S ...
(under the Despensa Familiar, La Despensa de Don Juan, Walmart Supercenter, and Maxi Despensa banners), 111 stores in
Honduras Honduras, officially the Republic of Honduras, is a country in Central America. It is bordered to the west by Guatemala, to the southwest by El Salvador, to the southeast by Nicaragua, to the south by the Pacific Ocean at the Gulf of Fonseca, ...
(including the Paiz, Walmart Supercenter, Dispensa Familiar, and Maxi Despensa banners), 102 stores in
Nicaragua Nicaragua, officially the Republic of Nicaragua, is the geographically largest Sovereign state, country in Central America, comprising . With a population of 7,142,529 as of 2024, it is the third-most populous country in Central America aft ...
(including the Pali, La Unión, Maxi Pali, and Walmart Supercenter banners), and 290 stores in
Costa Rica Costa Rica, officially the Republic of Costa Rica, is a country in Central America. It borders Nicaragua to the north, the Caribbean Sea to the northeast, Panama to the southeast, and the Pacific Ocean to the southwest, as well as Maritime bo ...
(including the Maxi Pali, Mas X Menos, Walmart Supercenter, and Pali banners).Walmart SEC Form 10-K
." ''
U.S. Securities and Exchange Commission The United States Securities and Exchange Commission (SEC) is an independent agency of the United States federal government, created in the aftermath of the Wall Street crash of 1929. Its primary purpose is to enforce laws against market m ...
''. January 31, 2006. Retrieved July 26, 2006.


Chile

In January 2009, the company acquired a controlling interest in the largest grocer in
Chile Chile, officially the Republic of Chile, is a country in western South America. It is the southernmost country in the world and the closest to Antarctica, stretching along a narrow strip of land between the Andes, Andes Mountains and the Paci ...
, Distribución y Servicio D&S SA. In 2010, the company was renamed
Walmart Chile Walmart Inc. (; formerly Wal-Mart Stores, Inc.) is an American multinational retail corporation that operates a chain of hypermarkets (also called supercenters), discount department stores, and grocery stores in the United States and 23 other ...
. Walmart Chile operates around 384 stores under the banners Lider, Express de Lider, Superbodega Acuenta, and Central Mayorista.


Mexico

Walmart opened its first international store in Mexico in 1991. Walmart's Mexico division, the largest outside the U.S., consisted of 2,804 stores. Walmart in Mexico operates Walmart Supercenter, Sam's Club,
Bodega Aurrera Bodega may refer to: Buildings * Convenience store ** Bodega (store), convenience stores in the New York metropolitan area * Warehouse * Winery * Wine bar * Wine cellar Music * Bodega (Scottish band) * Bodega (Canadian band) * Bodega (American b ...
, Mi Bodega Aurrera, Bodega Aurrera Express and Walmart Express.


Canada

Walmart has operated in Canada since it acquired 122 stores comprising the
Woolco Woolco was an American-based discount retail chain. It was founded in 1962 in Columbus, Ohio, by the F. W. Woolworth Company. It was a full-line discount department store unlike the five-and-dime Woolworth stores which operated at the time. At ...
division of Woolworth Canada, Inc on January 14, 1994. it operates 402 locations (including 343 supercentres and 59 discount stores) and, it employs 89,358 people, with a local home office in
Mississauga Mississauga is a Canadian city in the province of Ontario. Situated on the north-western shore of Lake Ontario in the Regional Municipality of Peel, it borders Toronto (Etobicoke) to the east, Brampton to the north, Milton to the northwest, ...
, Ontario. Walmart Canada's first three Supercentres (spelled in
Canadian English Canadian English (CanE, CE, en-CA) encompasses the Variety (linguistics), varieties of English language, English used in Canada. According to the 2016 Canadian Census, 2016 census, English was the first language of 19.4 million Canadians or ...
) opened in November 2006 in Ancaster,
London London is the Capital city, capital and List of urban areas in the United Kingdom, largest city of both England and the United Kingdom, with a population of in . London metropolitan area, Its wider metropolitan area is the largest in Wester ...
, and
Stouffville Stouffville () is the primary urban area within the town of Whitchurch-Stouffville in York Region, Ontario, Canada. It is situated within the Greater Toronto Area and the inner ring of the Golden Horseshoe. The urban area is centred at the inte ...
, Ontario. In 2010, approximately one year after its incorporation of Schedule 2 (foreign-owned, deposit-taking) of Canada's '' Bank Act'', Walmart Canada Bank was introduced with the launch of the Walmart (Canada) Rewards MasterCard. Less than ten years later, however, on May 17, 2018, Wal-Mart Canada announced it had reached a definitive agreement to sell Wal-Mart Canada Bank to First National co-founder Stephen Smith and private equity firm Centerbridge Partners, L.P., on undisclosed financial terms, though it added that it would still be issuer of the Walmart (Canada) Rewards MasterCard. On April 1, 2019, Centerbridge Partners, L.P. and Stephen Smith jointly announced the closing of the previously announced acquisition of Wal-Mart Canada Bank and that it was to be renamed Duo Bank of Canada, to be styled simply as Duo Bank. Though exact ownership percentages were never revealed in either company announcement, it has also since been revealed that Duo Bank was reclassified as a Schedule 1 (domestic, deposit-taking) federally chartered bank of the '' Bank Act'' in Canada from the Schedule 2 (foreign-owned or -controlled, deposit-taking) that it had been, which indicates that Stephen Smith, as a noted Canadian businessman, is in a controlling position.


Africa

On September 28, 2010, Walmart announced it would buy
Massmart Holdings Ltd Massmart Holdings Limited is a South Africa, South African company that owns and operates major local retail chains including Game, Makro (South Africa), Makro, Builders Warehouse, and CBW. It is the second-largest distributor of consumer goods ...
. of
Johannesburg Johannesburg ( , , ; Zulu language, Zulu and Xhosa language, Xhosa: eGoli ) (colloquially known as Jozi, Joburg, Jo'burg or "The City of Gold") is the most populous city in South Africa. With 5,538,596 people in the City of Johannesburg alon ...
, South Africa in a deal worth over giving the company its first footprint in Africa. it has 411 stores, including 361 stores in South Africa (under the banners Game Foodco, CBW, Game, Builders Express, Builders Warehouse, Cambridge, Rhino, Makro, Builders Trade Depot, Jumbo, and Builders Superstore), 11 stores in
Botswana Botswana, officially the Republic of Botswana, is a landlocked country in Southern Africa. Botswana is topographically flat, with approximately 70 percent of its territory part of the Kalahari Desert. It is bordered by South Africa to the sou ...
(under the banners CBW, Game Foodco, and Builders Warehouse), 4 stores in
Ghana Ghana, officially the Republic of Ghana, is a country in West Africa. It is situated along the Gulf of Guinea and the Atlantic Ocean to the south, and shares borders with Côte d’Ivoire to the west, Burkina Faso to the north, and Togo to t ...
(under the Game Foodco banner), 4 stores in
Kenya Kenya, officially the Republic of Kenya, is a country located in East Africa. With an estimated population of more than 52.4 million as of mid-2024, Kenya is the 27th-most-populous country in the world and the 7th most populous in Africa. ...
(under the banners Game Foodco and Builders Warehouse), 3 stores in
Lesotho Lesotho, formally the Kingdom of Lesotho and formerly known as Basutoland, is a landlocked country in Southern Africa. Entirely surrounded by South Africa, it is the largest of only three sovereign enclave and exclave, enclaves in the world, t ...
(under the banners CBW and Game Foodco), 2 stores in
Malawi Malawi, officially the Republic of Malawi, is a landlocked country in Southeastern Africa. It is bordered by Zambia to the west, Tanzania to the north and northeast, and Mozambique to the east, south, and southwest. Malawi spans over and ...
(under the Game banner), 6 stores in
Mozambique Mozambique, officially the Republic of Mozambique, is a country located in Southeast Africa bordered by the Indian Ocean to the east, Tanzania to the north, Malawi and Zambia to the northwest, Zimbabwe to the west, and Eswatini and South Afr ...
(under the banners Builders Warehouse, Game Foodco, CBW, and Builders Express), 5 stores in
Namibia Namibia, officially the Republic of Namibia, is a country on the west coast of Southern Africa. Its borders include the Atlantic Ocean to the west, Angola and Zambia to the north, Botswana to the east and South Africa to the south; in the no ...
(under the banners Game Foodco and Game), 5 stores in
Nigeria Nigeria, officially the Federal Republic of Nigeria, is a country in West Africa. It is situated between the Sahel to the north and the Gulf of Guinea in the Atlantic Ocean to the south. It covers an area of . With Demographics of Nigeria, ...
(under the banners Game and Game Foodco), 1 store in
Eswatini Eswatini, formally the Kingdom of Eswatini, also known by its former official names Swaziland and the Kingdom of Swaziland, is a landlocked country in Southern Africa. It is bordered by South Africa on all sides except the northeast, where i ...
(under the CBW banner), 1 store in
Tanzania Tanzania, officially the United Republic of Tanzania, is a country in East Africa within the African Great Lakes region. It is bordered by Uganda to the northwest; Kenya to the northeast; the Indian Ocean to the east; Mozambique and Malawi to t ...
(under the Game Foodco banner), 1 store in
Uganda Uganda, officially the Republic of Uganda, is a landlocked country in East Africa. It is bordered to the east by Kenya, to the north by South Sudan, to the west by the Democratic Republic of the Congo, to the south-west by Rwanda, and to the ...
(under the Game banner), and 7 stores in
Zambia Zambia, officially the Republic of Zambia, is a landlocked country at the crossroads of Central Africa, Central, Southern Africa, Southern and East Africa. It is typically referred to being in South-Central Africa or Southern Africa. It is bor ...
(under the banners CBW, Game Foodco, Builders Warehouse, and Builders Express).


China

Walmart has joint ventures in China and several majority-owned subsidiaries. Walmart China (沃尔玛 ''Wò'ērmǎ'') operates 369 stores under the Walmart Supercenter and Sam's Club banners. In February 2012, Walmart announced that the company raised its stake to 51 percent in Chinese online supermarket Yihaodian to tap rising consumer wealth and help the company offer more products. Walmart took full ownership in July 2015. In October 2016, Walmart launched the Food Safety Collaboration Center in Beijing, China. The goal of this investment is to collaborate with the local government, promote the use of blockchain technology in tracking pork supply in China, and enhance the transparency and safety of the food supply chain. In December 2021, the
Chinese Communist Party The Communist Party of China (CPC), also translated into English as Chinese Communist Party (CCP), is the founding and One-party state, sole ruling party of the People's Republic of China (PRC). Founded in 1921, the CCP emerged victorious in the ...
's
Central Commission for Discipline Inspection The Central Commission for Discipline Inspection (CCDI) is the highest supervisory organ of the Chinese Communist Party (CCP). The CCDI is elected and supervised by the National Congress of the Chinese Communist Party, CCP National Congress. ...
warned Walmart about removing products made from inputs from
Xinjiang Xinjiang,; , SASM/GNC romanization, SASM/GNC: Chinese postal romanization, previously romanized as Sinkiang, officially the Xinjiang Uygur Autonomous Region (XUAR), is an Autonomous regions of China, autonomous region of the China, People' ...
in response to the
Uyghur Forced Labor Prevention Act The Uyghur Forced Labor Prevention Act () is a United States federal law that changed U.S. policy on China's Xinjiang Uyghur Autonomous Region (XUAR, or Xinjiang) with the goal of ensuring that American entities are not funding forced labor amon ...
.


India

In November 2006, the company announced a joint venture with
Bharti Enterprises Bharti Enterprises Limited is an Indian multinational corporation, multinational Conglomerate (company), conglomerate, headquartered in Delhi. It was founded in 1976 by Sunil Bharti Mittal. Bharti Enterprises owns businesses spanning across tel ...
to operate in India. As foreign corporations were not allowed to enter the retail sector directly, Walmart operated through franchises and handled the wholesale end of the business.Giridharadas A., Rai S
"Walmart to Open Hundreds of Stores in India"
. ''The New York Times''. November 27, 2006. Retrieved November 27, 2006.
The partnership involved two joint ventures—Bharti manages the front end, involving opening of retail outlets while Walmart takes care of the back end, such as
cold chain A cold chain is a supply chain that uses refrigeration to maintain perishable goods, such as pharmaceuticals, produce or other goods that are temperature-sensitive. Common goods, sometimes called cool cargo, distributed in cold chains include fr ...
s and logistics. Walmart operates stores in India under the name Best Price Modern Wholesale. The first store opened in
Amritsar Amritsar, also known as Ambarsar, is the second-List of cities in Punjab, India by population, largest city in the India, Indian state of Punjab, India, Punjab, after Ludhiana. Located in the Majha region, it is a major cultural, transportatio ...
on May 30, 2009. On September 14, 2012, the Government of India approved 51 percent FDI in multi-brand retails, subject to approval by individual states, effective September 20, 2012. Scott Price, Walmart's president and CEO for Asia, told ''
The Wall Street Journal ''The Wall Street Journal'' (''WSJ''), also referred to simply as the ''Journal,'' is an American newspaper based in New York City. The newspaper provides extensive coverage of news, especially business and finance. It operates on a subscriptio ...
'' that the company would be able to start opening Walmart stores in India within two years. Expansion into India faced some significant problems. In November 2012, Walmart admitted to spending lobbying the
Indian National Congress The Indian National Congress (INC), colloquially the Congress Party, or simply the Congress, is a political parties in India, political party in India with deep roots in most regions of India. Founded on 28 December 1885, it was the first mo ...
; lobbying is conventionally considered bribery in India. Walmart is conducting an internal investigation into potential violations of the
Foreign Corrupt Practices Act The Foreign Corrupt Practices Act of 1977 (FCPA) (, ''et seq.'') is a United States federal law that prohibits U.S. citizens and entities from Bribery, bribing foreign government officials to benefit their business interests. The FCPA is applic ...
. Bharti Walmart suspended a number of employees, rumored to include its CFO and legal team, to ensure "a complete and thorough investigation". In October 2013, Bharti and Walmart separated to pursue business independently. On May 9, 2018, Walmart announced its intent to acquire a 77% majority stake in the Indian e-commerce company
Flipkart Flipkart Inc. is an Indian e-commerce company, headquartered in Bangalore, and incorporated in Singapore as a private limited company. The company initially focused on online book sales before expanding into other product categories such as con ...
for $16 billion, in a deal that was completed on August 18, 2018. there are 28 Best Price Modern Wholesale locations.


Setbacks

In the 1990s, Walmart tried with a large financial investment to get a foothold in both German and Indonesian retail markets. Walmart entered Indonesia with the opening of stores in Lippo Supermall (now known as Supermal Karawaci) and Megamall Pluit (now known as
Pluit Village Pluit Village is a shopping center located on Jl. Pluit Indah Raya, Pluit, Penjaringan, North Jakarta, Indonesia. Built on an area of with lakeside view, Pluit village is a shopping center which was previously known as Mega Mall Pluit. Then in 2 ...
) respectively, under a joint-venture agreement with local conglomerate
Lippo Group Lippo Group is an Indonesian multinational conglomerate company. The company operates internationally providing property development and management services. It was founded by Mochtar Riady. Lippo has a collective presence across Asia and No ...
. Both stores closed down due to the
1997 Asian financial crisis The 1997 Asian financial crisis gripped much of East Asia, East and Southeast Asia during the late 1990s. The crisis began in Thailand in July 1997 before spreading to several other countries with a ripple effect, raising fears of a worldwide eco ...
. In Germany, Walmart took over supermarket chain
Wertkauf Wertkauf Verwaltungsgesellschaft mbH was a German retail group that had 21 markets until its takeover by the US supermarket chain Walmart in 1997. The group's head office was in Karlsruhe. History The first branch opened in 1958 in Karlsruhe. ...
with its 21 stores for DM750 million in 1997 and the following year Walmart acquired 74 InterSPAR stores for DM1.3 billion. The German market at this point was an oligopoly with high competition among companies which used a similar low price strategy as Walmart. As a result, Walmart's low price strategy yielded no competitive advantage. Walmart's
corporate culture Organizational culture encompasses the shared norms, values, corporate language and behaviors - observed in schools, universities, not-for-profit groups, government agencies, and businesses - reflecting their core values and strategic direction. ...
was not viewed positively among employees and customers, particularly Walmart's "statement of ethics", which attempted to restrict relationships between employees, a violation of articles 1 and 2 of
German constitution The Basic Law for the Federal Republic of Germany () is the constitution of the Federal Republic of Germany. The West German Constitution was approved in Bonn on 8 May 1949 and came into effect on 23 May after having been approved by the oc ...
. The statement also violated German labor laws and led to a public discussion in the media, resulting in a bad reputation among customers. In July 2006, Walmart announced its withdrawal from Germany due to sustained losses. The stores were sold to the German company
Metro Metro may refer to: Geography * Metro City (Indonesia), a city in Indonesia * A metropolitan area, the populated region including and surrounding an urban center Public transport * Rapid transit, a passenger railway in an urban area with high ...
during Walmart's fiscal third quarter. Walmart did not disclose its losses from its German investment, but they were estimated to be around 3 billion. In 2004, Walmart bought the 118 stores in the
Bompreço Bompreço (Walmart Brazil) is a chain of supermarkets and hypermarkets in Brazil. Its name means "good price" in Portuguese language, Portuguese. , Bompreço is owned by Walmart. Bompreço operates mainly in Northeast Region, Brazil, northeast ...
supermarket chain in northeastern Brazil. In late 2005, it took control of the Brazilian operations of
Sonae Sonae is a multinational business group headquartered in Maia, Portugal. It operates in 90 countries, working in various sectors, among which retail (food, electronics, and fashion), real estate, media and telecommunications, technology investme ...
Distribution Group through its new subsidiary, WMS Supermercados do Brasil, thus acquiring control of the Nacional and Mercadorama supermarket chains, the leaders in the
Rio Grande do Sul Rio Grande do Sul (, ; ; "Great River of the South") is a Federative units of Brazil, state in the South Region, Brazil, southern region of Brazil. It is the Federative units of Brazil#List, fifth-most populous state and the List of Brazilian s ...
and
Paraná Paraná, Paranã or Parana may refer to: Geology * Paraná Basin, a sedimentary basin in South America Places In Argentina *Paraná, Entre Ríos, a city * Paraná Department, a part of Entre Ríos Province In Brazil *Paraná (state), a state ...
states, respectively. None of these stores were rebranded. Walmart operated 61 Bompreço supermarkets, 39 Hiper Bompreço stores. It also ran 57 Walmart Supercenters, 27 Sam's Clubs, and 174 Todo Dia stores. With the acquisition of Bompreço and Sonae, by 2010, Walmart was the third-largest supermarket chain in Brazil, behind
Carrefour Carrefour Group, S.A. (, ), is a French multinational retail and wholesaling corporation headquartered in Massy, Essonne, Massy, France. It operates a chain of hypermarkets, grocery stores and convenience stores. By 2024, the group had 14,000 ...
and
Pão de Açúcar Sugarloaf Mountain (, ) is a peak situated in Rio de Janeiro, Brazil, on a peninsula at the mouth of Guanabara Bay. Rising above the harbor, the peak is named for its resemblance to the traditional shape of concentrated refined loaf suga ...
. Walmart Brasil, the operating company, has its head office in
Barueri Barueri ( or ) is a Brazilian municipality in the State of São Paulo located in the northwestern part of the Metropolitan Region of São Paulo. The population is 276,982 (2020 est.) in an area of . Its boundaries are Santana de Parnaíba to ...
, São Paulo State, and regional offices in
Curitiba Curitiba () is the capital and largest city in the state of Paraná (state), Paraná in Southern Brazil. The city's population was 1,773,718 , making it the List of cities in Brazil by population, eighth most populous city in Brazil and the larg ...
, Paraná;
Porto Alegre Porto Alegre (, ; , ; ) is the capital and largest city of the Brazilian Federative units of Brazil, state of Rio Grande do Sul. Its population of roughly 1.4 million inhabitants (2022) makes it the List of largest cities in Brazil, 11th-most p ...
, Rio Grande do Sul;
Recife Recife ( , ) is the Federative units of Brazil, state capital of Pernambuco, Brazil, on the northeastern Atlantic Ocean, Atlantic coast of South America. It is the largest urban area within both the North Region, Brazil, North and the Northeast R ...
, Pernambuco; and
Salvador Salvador, meaning "salvation" (or "saviour") in Catalan, Spanish, and Portuguese may refer to: * Salvador (name) Arts, entertainment, and media Music *Salvador (band), a Christian band that plays both English and Spanish music ** ''Salvador'' ( ...
, Bahia. Walmart Brasil operates under the banners Todo Dia, Nacional, Bompreço, Walmart Supercenter, Maxxi Atacado, Hipermercado Big, Hiper Bompreço, Sam's Club, Mercadorama, Walmart Posto (Gas Station), Supermercado Todo Dia, and Hiper Todo Dia. Recently, the company started the conversion process of all Hiper Bompreço and Big stores into Walmart Supercenters and Bompreço, Nacional and Mercadorama stores into the Walmart Supermercado brand. Since August 2018, Walmart Inc. only holds a minority stake in Walmart Brasil, which was renamed Grupo Big on August 12, 2019, with 20% of the company's shares, and
private equity Private equity (PE) is stock in a private company that does not offer stock to the general public; instead it is offered to specialized investment funds and limited partnerships that take an active role in the management and structuring of the co ...
firm
Advent International Advent International Corporation is an American global private equity firm. It is focused on buyouts of companies in Western and Central Europe, North America, Latin America and Asia. The firm focuses on international buyouts, growth and strat ...
holding 80% ownership of the company. On March 24, 2021, it was announced that
Carrefour Carrefour Group, S.A. (, ), is a French multinational retail and wholesaling corporation headquartered in Massy, Essonne, Massy, France. It operates a chain of hypermarkets, grocery stores and convenience stores. By 2024, the group had 14,000 ...
would be acquiring Grupo Big. Walmart Argentina was founded in 1995 and operates stores under the banners Walmart Supercenter, Changomas, Mi Changomas, and Punto Mayorista. On November 6, 2020, it was announced that Walmart has sold its Argentine operations to Grupo de Narváez and renamed Hiper Changomas. Walmart's UK subsidiary
Asda Asda Stores Limited (), trading as Asda and often styled as ASDA, is a British supermarket and petrol station chain. Its headquarters is in Leeds, England. The company was incorporated as Associated Dairies and Farm Stores in 1949. It expanded ...
(which retained its name after being acquired by Walmart) is based in
Leeds Leeds is a city in West Yorkshire, England. It is the largest settlement in Yorkshire and the administrative centre of the City of Leeds Metropolitan Borough, which is the second most populous district in the United Kingdom. It is built aro ...
and accounted for 42.7 percent of 2006 sales of Walmart's international division. In contrast to the U.S. operations, Asda was originally and still remains primarily a grocery chain, but with a stronger focus on non-food items than most UK supermarket chains other than
Tesco Tesco plc () is a British multinational groceries and general merchandise retailer headquartered in the United Kingdom at its head offices in Welwyn Garden City, England. The company was founded by Jack Cohen (businessman), Sir Jack Cohen in ...
. In 2010 Asda acquired stores from Netto UK. In addition to small suburban Asda Supermarkets, larger stores are branded Supercentres. Other banners include Asda Superstores, Asda Living, and Asda Petrol Fueling Station. In July 2015, Asda updated its logo featuring the Walmart Asterisks behind the first 'A' in the Logo. In May 2018, Walmart announced plans to sell Asda to rival
Sainsbury's J Sainsbury plc, trading as Sainsbury's, is a British supermarket and the second-largest chain of supermarkets in the United Kingdom. Founded in 1869 by John James Sainsbury with a shop in Drury Lane, London, the company was the largest UK r ...
for $10.1 billion. Under the terms of the deal, Walmart would have received a 42% stake in the combined company and about £3 billion in cash. However, in April 2019, the United Kingdom's
Competition and Markets Authority The Competition and Markets Authority (CMA) is the principal competition regulator in the United Kingdom. It is a non-ministerial government department in the United Kingdom, responsible for promoting competitive markets and tackling unfair beh ...
blocked the proposed sale of Asda to Sainsburys. On October 2, 2020, it was announced that Walmart will sell a majority stake of Asda to a consortium of Zuber and
Mohsin Issa Mohsin Issa CBE and Zuber Issa CBE are British billionaire brothers and businessmen who founded Euro Garages (later renamed EG Group) in 2001, a Blackburn-based operator of filling stations, convenience stores and food service providers across ...
(the owners of
EG Group EG Group Limited is a British operator of filling stations, convenience stores and Fast-food restaurant, food service providers across Europe, the United States and Australia. It was founded in Blackburn in 2001 by brothers Mohsin and Zuber Iss ...
) and private equity firm
TDR Capital TDR Capital LLP is a British private equity firm headquartered in London, England. History TDR Capital was co-founded in 2002 by Manjit Dale, Stephen Robertson, and Tudor Capital.
for £6.8bn, pending approval from the Competition and Markets Authority. In Japan, Walmart owned 100 percent of
Seiyu Voice acting in Japan is an industry where actors provide voice-overs as characters or narrators in media including anime, video games, audio dramas, commercials, and dubbing for non-Japanese films and television programs. In Japan, and ac ...
(西友 ''Seiyū'') It operates under the Seiyu (Hypermarket), Seiyu (Supermarket), Seiyu (General Merchandise), Livin, and Sunny banners. On November 16, 2020, Walmart announced they would be selling 65% of their shares in the company to the private-equity firm
KKR KKR may refer to: * KKR & Co., a global investment firm *Kolkata Knight Riders, an Indian Premier League franchise * Rheinsberg Nuclear Power Plant (), first nuclear power plant in the former East Germany * Kalkara, Malta, postal code KKR *Kir-Bala ...
in a deal valuing 329 stores and 34,600 employees at $1.6 billion. Walmart is supposed to retain 15% and a seat on the board, while a joint-venture between KKR and Japanese company Rakuten Inc. will receive 20%.


Corruption charges

An April 2012 investigation by ''
The New York Times ''The New York Times'' (''NYT'') is an American daily newspaper based in New York City. ''The New York Times'' covers domestic, national, and international news, and publishes opinion pieces, investigative reports, and reviews. As one of ...
'' reported the allegations of a former executive of Walmart de Mexico that, in September 2005, the company had paid
bribes Bribery is the corrupt solicitation, payment, or acceptance of a private favor (a bribe) in exchange for official action. The purpose of a bribe is to influence the actions of the recipient, a person in charge of an official duty, to act contrar ...
via local fixers to officials throughout Mexico in exchange for construction permits, information, and other favors, which gave Walmart a substantial advantage over competitors. Walmart investigators found credible evidence that Mexican and American laws had been broken. Concerns were also raised that Walmart executives in the United States had "hushed up" the allegations. A follow-up investigation by ''The New York Times'', published December 17, 2012, revealed evidence that regulatory permission for siting, construction, and operation of nineteen stores had been obtained through bribery. There was evidence that a bribe of was paid to change a zoning map, which enabled the opening of a Walmart store a mile from a historical site in San Juan Teotihuacán in 2004. After the initial article was released, Walmart released a statement denying the allegations and describing its anti-corruption policy. While an official Walmart report states that it had found no evidence of corruption, the article alleges that previous internal reports had indeed turned up such evidence before the story became public. ''
Forbes ''Forbes'' () is an American business magazine founded by B. C. Forbes in 1917. It has been owned by the Hong Kong–based investment group Integrated Whale Media Investments since 2014. Its chairman and editor-in-chief is Steve Forbes. The co ...
'' magazine contributor Adam Hartung also commented that the bribery scandal was a reflection of Walmart's "serious management and strategy troubles", stating, " andals are now commonplace ... ch scandal points out that Walmart's strategy is harder to navigate and is running into big problems". In 2012, there was an incident with CJ's Seafood, a crawfish processing firm in Louisiana that was partnered with Walmart, that eventually gained media attention for the mistreatment of its 40 H-2B visa workers from Mexico. These workers experienced harsh living conditions in tightly packed trailers outside of the work facility, physical threats, verbal abuse, and were forced to work day-long shifts. Many of the workers were afraid to take action about the abuse due to the fact that the manager threatened the lives of their family members in the U.S. and Mexico if the abuse were to be reported. Eight of the workers confronted management at CJ's Seafood about the mistreatment; however, the management denied the abuse allegations and the workers went on strike. The workers then took their stories to Walmart due to their partnership with CJ's. While Walmart was investigating the situation, the workers collected 150,000 signatures of supporters who agreed that Walmart should stand by the workers and take action. In June 2012, the visa workers held a protest and day-long hunger strike outside of the apartment building where a Walmart board member resided. Following this protest, Walmart announced its final decision to no longer work with CJ's Seafood. Less than a month later, the Department of Labor fined CJ's Seafood "approximately $460,000 in back-pay, safety violations, wage and hour violations, civil damages, and fines for abuses to the H-2B program. The company has since shut down." internal investigations were ongoing into possible violations of the Foreign Corrupt Practices Act. Walmart has invested on internal investigations, which expanded beyond Mexico to implicate operations in China, Brazil, and India. The case has added fuel to the debate as to whether foreign investment will result in increased prosperity, or if it merely allows local retail trade and economic policy to be taken over by "foreign financial and corporate interests".


Sam's Club

Sam's Club is a chain of
warehouse club A warehouse club (or wholesale club) is a retailing, retail store, usually selling a wide variety of merchandising, merchandise, in which customers may buy large, wholesale quantities of the store's products, which makes these clubs attractive ...
s that sell groceries and general merchandise, often in bulk. Locations generally range in size from , with an average club size of approximately . The first Sam's Club was opened by Walmart, Inc. in 1983 in
Midwest City, Oklahoma Midwest City is a city in Oklahoma County, Oklahoma, United States, and a part of the Oklahoma City metropolitan area. As of the 2020 census, the population was 58,409, making it the eighth largest city in the state. The city was developed in r ...
under the name "Sam's Wholesale Club". The chain was named after its founder Sam Walton. As of October 31, 2022, Sam's Club operated 600 membership warehouse clubs and accounted for 11.3% of Walmart's revenue at $57.839 billion in fiscal year 2019. Christopher Nicholas is the president and CEO of Sam's Club.


Global eCommerce

Based in San Bruno, California, Walmart's Global eCommerce division provides online retailing for Walmart, Sam's Club, Asda, and all other international brands. There are several locations in the United States in California and Oregon:
San Bruno San Bruno () is a city in San Mateo County, California, United States, incorporated in 1914. The population was 43,908 at the 2020 United States census. The city is between South San Francisco and Millbrae, adjacent to San Francisco Internat ...
,
Sunnyvale Sunnyvale () is a city located in the Santa Clara Valley in northwestern Santa Clara County, California, United States. Sunnyvale lies along the historic El Camino Real and Highway 101 and is bordered by portions of San Jose to the north, ...
,
Brisbane Brisbane ( ; ) is the List of Australian capital cities, capital and largest city of the States and territories of Australia, state of Queensland and the list of cities in Australia by population, third-most populous city in Australia, with a ...
, and
Portland Portland most commonly refers to: *Portland, Oregon, the most populous city in the U.S. state of Oregon *Portland, Maine, the most populous city in the U.S. state of Maine *Isle of Portland, a tied island in the English Channel Portland may also r ...
. Locations outside of the United States include
Shanghai Shanghai, Shanghainese: , Standard Chinese pronunciation: is a direct-administered municipality and the most populous urban area in China. The city is located on the Chinese shoreline on the southern estuary of the Yangtze River, with the ...
(China),
Leeds Leeds is a city in West Yorkshire, England. It is the largest settlement in Yorkshire and the administrative centre of the City of Leeds Metropolitan Borough, which is the second most populous district in the United Kingdom. It is built aro ...
(United Kingdom), and
Bangalore Bengaluru, also known as Bangalore (List of renamed places in India#Karnataka, its official name until 1 November 2014), is the Capital city, capital and largest city of the southern States and union territories of India, Indian state of Kar ...
(India).


Subsidiaries


Private label brands

About 40 percent of products sold in Walmart are
private label A private label, also called a private brand or private-label brand, is a brand owned by a company, offered by that company alongside and competing with brands from other businesses. A private-label brand is almost always offered exclusively by th ...
s, which are produced for the company through contracts with manufacturers. Walmart began offering private label brands in 1991, with the launch of
Sam's Choice Sam's Choice is a private label brand created by Cott Beverages for Walmart stores. The brand was introduced as "Sam's American Choice" in 1991; the name has since been shortened to simply "Sam's Choice". It is named after Sam Walton, the founde ...
, a line of drinks produced by
Primo Water Primo Water Corporation (formerly Cott Corporation) is an American-Canadian water company offering multi-gallon bottled water, water dispensers, self-service refill water machines, and water filtration appliances. The company is headquartered in ...
for Walmart. Sam's Choice quickly became popular and by 1993, was the third-most-popular beverage brand in the United States. Other Walmart brands include Great Value and Equate in the U.S. and Canada and Smart Price in Britain. A 2006 study talked of "the magnitude of mind-share Walmart appears to hold in the shoppers' minds when it comes to the awareness of private label brands and retailers".


Entertainment

In 2010, the company teamed with
Procter & Gamble The Procter & Gamble Company (P&G) is an American multinational consumer goods corporation headquartered in Cincinnati, Ohio. It was founded in 1837 by William Procter and James Gamble. It specializes in a wide range of personal health/con ...
to produce '' Secrets of the Mountain'' and '' The Jensen Project'', two-hour family movies which featured the characters using Walmart and Procter & Gamble–branded products. ''The Jensen Project'' also featured a preview of a product to be released in several months in Walmart stores. A third movie, ''A Walk in My Shoes'', also aired in 2010 and a fourth is in production. Walmart's director of brand marketing also serves as co-chair of the
Association of National Advertisers Association may refer to: *Club (organization), an association of two or more people united by a common interest or goal *Trade association, an organization founded and funded by businesses that operate in a specific industry *Voluntary associatio ...
's Alliance for Family Entertainment.


Online commerce acquisitions and plans

Launched in 2009, Walmart's Marketplace stayed dormant until 2016 when Walmart purchased
e-commerce E-commerce (electronic commerce) refers to commercial activities including the electronic buying or selling products and services which are conducted on online platforms or over the Internet. E-commerce draws on technologies such as mobile co ...
company
Jet.com Jet.com was an American e-commerce company headquartered in Hoboken, New Jersey. The company was co-founded in 2014 by Marc Lore (who had previously sold Diapers.com to Amazon.com), along with Mike Hanrahan and Nate Faust. Jet.com raised $820 mi ...
, founded in 2014 by
Marc Lore Marc Eric Lore ( ; born May 16, 1971) is an American entrepreneur, businessman, and investor. Lore is founder, chairman, and CEO of the Wonder Group. From 2016 to 2021, he was the president and CEO of Walmart U.S. eCommerce. Lore was appointed in ...
, to start competing with Amazon.com. Jet.com has acquired its own share of online retailers such as
Hayneedle Hayneedle was an online retail company based in Omaha, Nebraska with a focus on furnishings and decor. In 2016, Hayneedle was acquired by Jet.com, which later became a subsidiary of Walmart. History Hayneedle began in 2002 when Doug Nielsen, ...
in March 2016, Shoebuy.com in December 2016, and
ModCloth ModCloth is an American online retailer of indie and vintage-inspired women's clothing based in Los Angeles. History Modcloth was founded in 2002 by Susan Gregg Koger and Eric Koger. Susan and Eric were students at Carnegie Mellon University an ...
in March 2017. Walmart also acquired Parcel, a delivery service in New York, on September 29, 2017. On February 15, 2017, Walmart acquired
Moosejaw Moosejaw.com is a defunct online and brick and mortar retailer that specialized in outdoor recreation apparel and gear for snowboarding, rock climbing, hiking, and camping. The company was founded in 1992 by Robert Wolfe and David Jaffe, two lon ...
, an online active outdoor retailer, for approximately $51 million. Moosejaw brought with it partnerships with more than 400 brands, including
Patagonia Patagonia () is a geographical region that includes parts of Argentina and Chile at the southern end of South America. The region includes the southern section of the Andes mountain chain with lakes, fjords, temperate rainforests, and glaciers ...
,
The North Face The North Face is an American outdoor recreation products company. The North Face produces outdoor clothing, footwear, and related equipment. Founded in 1968 to supply climbers, the company's logo draws inspiration from Half Dome, a distinct ...
,
Marmot Marmots are large ground squirrels in the genus ''Marmota'', with 15 species living in Asia, Europe, and North America. These herbivores are active during the summer, when they can often be found in groups, but are not seen during the winter, w ...
, and
Arc'teryx Arc'teryx is a Canadian apparel company specializing in outdoor apparel and equipment headquartered in North Vancouver, British Columbia. It focuses on technical apparel for mountaineering and Alpine sports, including related accessories. The com ...
.
Marc Lore Marc Eric Lore ( ; born May 16, 1971) is an American entrepreneur, businessman, and investor. Lore is founder, chairman, and CEO of the Wonder Group. From 2016 to 2021, he was the president and CEO of Walmart U.S. eCommerce. Lore was appointed in ...
, Walmart's U.S. e-commerce CEO, said that Walmart's existing physical infrastructure of almost 5,000 stores around the U.S. will enhance their digital expansion by doubling as warehouses for e-commerce without increasing overhead. Walmart offers in-store pickup for online orders at 1,000 stores with plans to eventually expand the service to all of its stores. On May 9, 2018, Walmart announced its intent to acquire a 77% controlling stake in the Indian e-commerce website
Flipkart Flipkart Inc. is an Indian e-commerce company, headquartered in Bangalore, and incorporated in Singapore as a private limited company. The company initially focused on online book sales before expanding into other product categories such as con ...
for $16 billion (beating bids by Amazon.com), subject to regulatory approval. Following its completion, the website's management will report to Marc Lore. Completion of the deal was announced on August 18, 2018. The company's partnership with subscription service Kidbox was announced on April 16, 2019. On May 19, 2020, Walmart announced that it was shutting down Jet.com, with all subsequent visitors to the site directed to the Walmart website instead.


Corporate affairs

Walmart is headquartered in the Walmart Home Office complex in
Bentonville, Arkansas Bentonville is a city in and the county seat of Benton County, Arkansas, United States. The city is centrally located in the county with Rogers, Arkansas, Rogers adjacent to the east. The city proper had a population of 54,164 at the 2020 Unite ...
. In 2025, Walmart closed several U.S. offices and consolidated its U.S. corporate associates into its Bentonville headquarters or its West Coast offices in
Sunnyvale, California Sunnyvale () is a city located in the Santa Clara Valley in northwestern Santa Clara County, California, United States. Sunnyvale lies along the historic El Camino Real (California), El Camino Real and U.S. Route 101 in California, Highway 1 ...
. The company's
business model A business model describes how a Company, business organization creates, delivers, and captures value creation, value,''Business Model Generation'', Alexander Osterwalder, Yves Pigneur, Alan Smith, and 470 practitioners from 45 countries, self-pub ...
is based on selling a wide variety of general merchandise at low prices. Doug McMillon became Walmart's CEO on February 1, 2014. He has also worked as the head of Sam's Club and Walmart International. The company refers to its employees as "associates". All Walmart stores in the U.S. and Canada also have designated "
greeters Greeters are Volunteering, volunteers who welcome tourists in their city or region, and show them around for free as they would do with friends or family. It is a form of social tourism; the residents participate in the activities of the tourists, ...
" at the entrance, a practice pioneered by Sam Walton and later imitated by other retailers. Greeters are trained to help shoppers find what they want and answer their questions. For many years, associates were identified in the store by their signature blue vest, but this practice was discontinued in June 2007 and replaced with khaki pants and polo shirts. The wardrobe change was part of a larger corporate overhaul to increase sales and rejuvenate the company's stock price. In September 2014, the uniform was again updated to bring back a vest (paid for by the company) for store employees over the same polos and khaki or black pants paid for by the employee. The vest is navy blue for Walmart employees at Supercenters and discounts stores, lime green for Walmart Neighborhood Market employees, and yellow for self-check-out associates; door greeters, and customer service managers. All three state "Proud Walmart Associate" on the left breast and the "Spark" logo covering the back. Reportedly one of the main reasons the vest was reintroduced was that some customers had trouble identifying employees. In 2016, self-checkout associates, door greeters and customer service managers began wearing a yellow vest to be better seen by customers. By requiring employees to wear uniforms that are made up of standard "streetwear", Walmart is not required to purchase the uniforms or reimburse employees which are required in some states, as long as that clothing can be worn elsewhere. Businesses are only legally required to pay for branded shirts and pants or clothes that would be difficult to wear outside of work. Unlike many other retailers, Walmart does not charge
slotting fee A slotting fee, slotting allowance, pay-to-stay, or fixed trade spending is a fee charged to produce companies or manufacturers by supermarket distributors (retailers) in order to have their product placed on their shelves or within their supply ...
s to suppliers for their products to appear in the store. Instead, it focuses on selling more-popular products and provides incentives for store managers to drop unpopular products. From 2006 to 2010, the company eliminated its
layaway Layaway ('' lay-by'' in Australia, New Zealand, and South Africa) is a purchase agreement in which the seller reserves an item for a consumer until the consumer completes all the payments necessary to pay for that item, and only then hands over th ...
program. In 2011, the company revived its layaway program. Walmart introduced its Site-To-Store program in 2007, after testing the program since 2004 on a limited basis. The program allows ''walmart.com'' customers to buy goods online with a free shipping option, and have goods shipped to the nearest store for pickup. On September 15, 2017, Walmart announced that it would build a new headquarters in Bentonville to replace its current 1971 building and consolidate operations that have spread out to 20 different buildings throughout Bentonville. According to
watchdog group Watchdog journalism is a form of investigative journalism where journalists, authors or publishers of a news publication fact-check and interview political and public figures to increase accountability in democratic governance systems. Role ...
Documented, in 2020 Walmart contributed $140,000 to the Rule of Law Defense Fund, a fund-raising arm of the Republican Attorneys General Association.


Business trends

For the
fiscal year A fiscal year (also known as a financial year, or sometimes budget year) is used in government accounting, which varies between countries, and for budget purposes. It is also used for financial reporting by businesses and other organizations. La ...
ending January 31, 2019, Walmart reported
net income In business and Accountancy, accounting, net income (also total comprehensive income, net earnings, net profit, bottom line, sales profit, or credit sales) is an entity's income minus cost of goods sold, expenses, depreciation and Amortization (a ...
of on $514 billion of revenue. The company's international operations accounted for $120 billion, or 23.7 percent, of its $510 billion of sales. Walmart is the world's 23rd-largest public corporation, according to the
Forbes Global 2000 The ''Forbes'' Global 2000 is an annual ranking of the top 2000 public companies in the world, published by: sales, profit, assets and market value. The list has been published annually since 2003. By country Forbes Global 2000 as of 2023: ...
list, and the largest public corporation when ranked by revenue. The key trends for Walmart are (as of the financial year ending January 31):


Governance

Walmart is governed by an eleven-member board of directors elected annually by
shareholder A shareholder (in the United States often referred to as stockholder) of corporate stock refers to an individual or legal entity (such as another corporation, a body politic, a trust or partnership) that is registered by the corporation as the ...
s. Gregory B. Penner, son-in-law of S. Robson Walton and the grandson-in-law of Sam Walton, serves as
chairman The chair, also chairman, chairwoman, or chairperson, is the presiding officer of an organized group such as a board, committee, or deliberative assembly. The person holding the office, who is typically elected or appointed by members of the gro ...
of the board. Doug McMillon serves as president and chief executive officer. Current members of the board are: * Gregory B. Penner, chairman of the board of directors of Walmart Inc. and general partner of Madrone Capital Partners *
Cesar Conde Cesar Conde is an American media executive who is chairman of the NBCUniversal News Group, overseeing NBC News, MSNBC, and CNBC. Prior to this, Conde was chairman of NBCUniversal International Group and NBCUniversal Telemundo Enterprises. Befor ...
, chairman of NBCUniversal International Group and
NBCUniversal Telemundo Enterprises NBCUniversal Media Group is the television and streaming arm of NBCUniversal, and the direct descendant and successor of the former division NBCUniversal Television Group, which existed from 2004–19. History NBC Broadcasting In 2006, NBCUniver ...
* Timothy P. Flynn, retired CEO of
KPMG International KPMG is a multinational professional services network, based in London, United Kingdom. As one of the Big Four accounting firms, along with Ernst & Young (EY), Deloitte, and PwC. KPMG is a network of firms in 145 countries with 275,288 employe ...
*
Sarah Friar Sarah Jane Friar (born 24 December 1972) is an Irish-American business executive who is the chief financial officer of OpenAI since June 2024. She was the chief executive officer of American technology company Nextdoor from 2018 through 2024, a ...
, CFO of
OpenAI OpenAI, Inc. is an American artificial intelligence (AI) organization founded in December 2015 and headquartered in San Francisco, California. It aims to develop "safe and beneficial" artificial general intelligence (AGI), which it defines ...
* Carla A. Harris, Vice-chairman of Wealth Management, head of multicultural client strategy, managing director, and senior client advisor at
Morgan Stanley Morgan Stanley is an American multinational investment bank and financial services company headquartered at 1585 Broadway in Midtown Manhattan, New York City. With offices in 42 countries and more than 80,000 employees, the firm's clients in ...
*
Tom Horton Thomas Horton is a fictional character and patriarch of the Horton family on the NBC soap opera ''Days of Our Lives''. He was played by Macdonald Carey Edward Macdonald Carey (March 15, 1913 – March 21, 1994) was an American actor, best kno ...
, senior advisor at Warburg Pincus, LLC, and retired chairman and CEO of
American Airlines American Airlines, Inc. is a major airlines of the United States, major airline in the United States headquartered in Fort Worth, Texas, within the Dallas–Fort Worth metroplex, and is the Largest airlines in the world, largest airline in the ...
* Marissa A. Mayer, co-founder of Lumi Labs, Inc., and former president and CEO of Yahoo!, Inc. * Doug McMillon, president and CEO of Walmart * Bob Moritz, retired chairman of
PricewaterhouseCoopers PricewaterhouseCoopers, also known as PwC, is a multinational professional services network based in London, United Kingdom. It is the second-largest professional services network in the world and is one of the Big Four accounting firms, alon ...
*
Brian Niccol Brian R. Niccol is an American businessman and the chairman and chief executive officer of Starbucks, a role which he started on September 9, 2024, replacing Laxman Narasimhan. He previously was chairman and CEO of Chipotle until August 31, 2024. ...
, chairman and CEO of
Starbucks Starbucks Corporation is an American multinational List of coffeehouse chains, chain of coffeehouses and Starbucks Reserve, roastery reserves headquartered in Seattle, Washington. It was founded in 1971 by Jerry Baldwin, Zev Siegl, and Gor ...
*
Randall Stephenson Randall Lynn Stephenson (born April 22, 1960) is a retired American telecommunications executive. He served as chairman and chief executive officer (CEO) of AT&T Inc. from 2007 to 2020. He was national president of Scouting America from 2016 to ...
, retired chairman and CEO of AT&T Inc. * S. Robson "Rob" Walton, retired chairman of the board of directors of Walmart Inc. *
Steuart Walton Steuart Walton (born 1981) is an American attorney and businessman. Born into the billionaire Walton family, he is a director of Walmart, the world's largest company by revenue, co-founder of private equity firm RZC Investments, which bought Brit ...
, founder of RZC Investments, LLC. Notable former members of the board include
Hillary Clinton Hillary Diane Rodham Clinton ( Rodham; born October 26, 1947) is an American politician, lawyer and diplomat. She was the 67th United States secretary of state in the administration of Barack Obama from 2009 to 2013, a U.S. senator represent ...
(1985–1992) and
Tom Coughlin Thomas Richard Coughlin ( ; born August 31, 1946) is an American former football coach and executive of the National Football League (NFL). He was the head coach for the New York Giants from 2004 to 2015. He led the Giants to victory in Super ...
(2003–2004), the latter having served as vice chairman. Clinton left the board before the 1992 U.S. presidential election, and Coughlin left in December 2005 after pleading guilty to wire fraud and tax evasion for stealing hundreds of thousands of dollars from Walmart. After Sam Walton's death in 1992, Don Soderquist, Chief Operating Officer and Senior Vice Chairman, became known as the "Keeper of the Culture".


Ownership

Walmart Inc. is a Delaware-domiciled
joint-stock company A joint-stock company (JSC) is a business entity in which shares of the company's stock can be bought and sold by shareholders. Each shareholder owns company stock in proportion, evidenced by their shares (certificates of ownership). Shareho ...
registered with the
U.S. Securities and Exchange Commission The United States Securities and Exchange Commission (SEC) is an independent agency of the United States federal government, created in the aftermath of the Wall Street crash of 1929. Its primary purpose is to enforce laws against market m ...
, with its
registered office A registered office is the official address of an incorporated company, association or any other legal entity. Generally it will form part of the public record and is required in most countries where the registered organization or legal entity ...
located in
Wolters Kluwer Wolters Kluwer N.V. is a Dutch information services company. The company serves legal, business, tax, accounting, finance, audit, risk, compliance, and healthcare markets. Wolters Kluwer in its current form was founded in 1987 with a merger bet ...
's
Corporation Trust Center The Corporation Trust Center is operated by CT Corporation, a subsidiary of Dutch information services firm Wolters Kluwer. The company provides "registered agent services" and, as such, is not responsible for the business or legal affairs of the ...
in Wilmington. it has 3,292,377,090 outstanding shares. These are held mainly by the
Walton family The Walton family is an American family whose collective fortune derived from Walmart makes them the richest family in the United States, and, as of December 2024, the List of wealthiest families, richest family in the world. Overview The thr ...
, a number of
institutions An institution is a humanly devised structure of rules and norms that shape and constrain social behavior. All definitions of institutions generally entail that there is a level of persistence and continuity. Laws, rules, social conventions and ...
and
funds Funding is the act of providing resources to finance a need, program, or project. While this is usually in the form of money, it can also take the form of effort or time from an organization or company. Generally, this word is used when a firm us ...
. * 43.00% (1,415,891,131):
Walton Enterprises Walton Enterprises LLC (WEI) is an American investment holding company based in Bentonville, Arkansas that serves as a family office to manage the wealth of the Walton family, the owners of Walmart. Walton Enterprises is the largest shareholder ...
LLC * 5.30% (174,563,205):
Walton family The Walton family is an American family whose collective fortune derived from Walmart makes them the richest family in the United States, and, as of December 2024, the List of wealthiest families, richest family in the world. Overview The thr ...
Holdings Trust * 3.32% (102,036,399):
The Vanguard Group The Vanguard Group, Inc. is an American registered investment adviser founded on May 1, 1975, and based in Malvern, Pennsylvania, with about $10.4 trillion in global assets under management as of 31 January 2025. It is the largest provide ...
, Inc * 2.37% (72,714,226):
State Street Corporation State Street Corporation is an American global financial services and bank holding company headquartered at One Congress Street in Boston with operations worldwide. The company is named after State Street in Boston, which was known as the "Gr ...
* 1.37% (42,171,892):
BlackRock BlackRock, Inc. is an American Multinational corporation, multinational investment company. Founded in 1988, initially as an enterprise risk management and fixed income institutional asset manager, BlackRock is the world's largest asset manager ...
Institutional Trust Company * 0.94% (28,831,721):
Vanguard The vanguard (sometimes abbreviated to van and also called the advance guard) is the leading part of an advancing military formation. It has a number of functions, including seeking out the enemy and securing ground in advance of the main force. ...
Total Stock Market Index Fund * 0.77% (23,614,578):
BlackRock BlackRock, Inc. is an American Multinational corporation, multinational investment company. Founded in 1988, initially as an enterprise risk management and fixed income institutional asset manager, BlackRock is the world's largest asset manager ...
Fund Advisors * 0.71% (21,769,126): Dodge & Cox Inc * 0.68% (20,978,727):
Vanguard The vanguard (sometimes abbreviated to van and also called the advance guard) is the leading part of an advancing military formation. It has a number of functions, including seeking out the enemy and securing ground in advance of the main force. ...
500 Index Fund * 0.65% (20,125,838):
Bank of America The Bank of America Corporation (Bank of America) (often abbreviated BofA or BoA) is an American multinational investment banking, investment bank and financial services holding company headquartered at the Bank of America Corporate Center in ...
Corporation * 0.57% (17,571,058):
Bank of New York Mellon The Bank of New York Mellon Corporation, commonly known as BNY, is an American international financial services company headquartered in New York City. It was established in its current form in July 2007 by the merger of the Bank of New York an ...
Corporation * 0.57% (17,556,128):
Northern Trust Northern Trust Corporation is an American financial services company headquartered in Chicago, Illinois, that caters to corporations, institutional investors, and ultra high net worth individuals. Northern Trust is one of the List of largest ban ...
Corporation * 0.55% (16,818,165):
Vanguard The vanguard (sometimes abbreviated to van and also called the advance guard) is the leading part of an advancing military formation. It has a number of functions, including seeking out the enemy and securing ground in advance of the main force. ...
Institutional Index Fund-Institutional Index Fund * 0.55% (16,800,850):
State Farm State Farm Insurance is a group of mutual insurance companies throughout the United States with corporate headquarters in Bloomington, Illinois. Founded in 1922, it is the largest property and casualty insurance, property, casualty and auto i ...
Mutual Automobile Insurance Co * 0.52% (15,989,827):
SPDR SPDR funds (pronounced "spider") are a family of exchange-traded funds (ETFs) traded in the United States, Europe, Mexico and Asia-Pacific and managed by State Street Global Advisors (SSGA). Informally, they are also known as Spyders or Spiders. ...
S&P 500 ETF Trust


Competition

In North America, Walmart's primary competitors include
grocery store A grocery store ( AE), grocery shop or grocer's shop ( BE) or simply grocery is a retail store that primarily retails a general range of food products, which may be fresh or packaged. In everyday US usage, however, "grocery store" is a synon ...
s and
department store A department store is a retail establishment offering a wide range of consumer goods in different areas of the store under one roof, each area ("department") specializing in a product category. In modern major cities, the department store mad ...
s like
Target Target may refer to: Warfare and shooting * Shooting target, used in marksmanship training and various shooting sports ** Bullseye (target), the goal one for which one aims in many of these sports ** Aiming point, in field artille ...
,
Kroger The Kroger Company, or simply Kroger, is an American retail company that operates (either directly or through its subsidiaries) supermarkets and multi-department stores throughout the United States. Founded by Bernard Kroger in 1883 in Cinc ...
,
Aldi Aldi (German pronunciation: ), stylised as ALDI, is the common company brand name of two German multinational family-owned discount supermarket chains operating over 12,000 stores in 18 countries. The chain was founded by brothers Karl and ...
,
Meijer Meijer Inc. (, ) is an American supercenter chain that primarily operates throughout the Midwestern United States. Its corporate headquarters are in Walker, Michigan. Founded in 1934 as a supermarket chain, Meijer is credited with pioneering ...
,
Trader Joe's Trader Joe's is an American grocery store chain headquartered in Monrovia, California, with 597 locations across the US. The first Trader Joe's store was opened in 1967 by founder Joe Coulombe in Pasadena, California. In 1979, the chain was s ...
,
Ingles Ingles Markets, Inc. (stylized as ingles) is an American supermarket chain based in Black Mountain, North Carolina. As of September 2021, the company operates 198 supermarkets in the Appalachian region of the Southeastern United States. The c ...
,
Publix Publix Super Markets, Inc., Trade name, doing business as Publix, is an employee ownership, employee-owned American supermarket Chain store, chain headquartered in Lakeland, Florida. Founded in 1930 by George W. Jenkins, Publix is a Privately h ...
,
Harris Teeter Harris Teeter Supermarkets, LLC., also known as Harris Teeter Neighborhood Food & Pharmacy, is an American supermarket chain based in Matthews, North Carolina, a suburb of Charlotte, North Carolina, Charlotte. , the chain operates 262 stores in ...
and Winn Dixie in the United States; Hudson's Bay, Loblaw retail stores,
Sobeys Sobeys Inc. is a national supermarket chain in Canada with over 1,500 stores operating under a variety of banners. Headquartered in Stellarton, Nova Scotia, it operates stores in all ten provinces and accumulated sales of more than C$25.1 bil ...
,
Metro Metro may refer to: Geography * Metro City (Indonesia), a city in Indonesia * A metropolitan area, the populated region including and surrounding an urban center Public transport * Rapid transit, a passenger railway in an urban area with high ...
, and
Giant Tiger Giant Tiger Stores Limited is a Canadian discount store chain which operates over 260 stores across Canada. The company's stores operate under the Giant Tiger banner in Alberta, Manitoba, New Brunswick, Nova Scotia, Ontario, Prince Edward Island ...
in Canada; and
Comercial Mexicana Tiendas Comercial Mexicana S.A. de C.V., colloquially known as La Comercial and La Comer, was a Mexican hypermarket group that operated mainly in Mexico City and Central Mexico. It was founded in 1930 and operated by Controladora Comercial Mex ...
and
Soriana Organización Soriana is a Mexican public company and a major retailer in Mexico with more than 824 stores. Soriana is a grocery and department store retail chain headquartered in Monterrey, Monterrey, Nuevo Leon, Mexico. The company is 100% cap ...
in Mexico. Competitors of Walmart's Sam's Club division are
Costco Costco Wholesale Corporation is an American multinational corporation which operates a chain of membership-only big-box warehouse club retail stores. As of 2021, Costco is the third-largest retailer in the world, and as of August 2024, Cos ...
and the smaller
BJ's Wholesale Club BJ's Wholesale Club Holdings, Inc., commonly referred as BJ's, is an American regional membership-only warehouse club chain based in Marlborough, Massachusetts, operating in the eastern United States in addition to Ohio, Michigan, Louisville, Ke ...
chain. Walmart's move into the grocery business in the late 1990s set it against major supermarket chains in both the United States and Canada. Studies have typically found that Walmart's prices are significantly lower than those of their competitors, and that Walmart's presence is associated with lower food prices for households. Comparisons of performance metrics such as sales per square foot suggest that supermarkets in direct competition with Walmart Supercenters show significant decreases in profit margins, an effect that is strongest in the case of unionized competitors. Between 2000 and 2010, Walmart's entry into new areas often lowered local food prices at other stores. However, recent studies have not found the same effect, suggesting that retailers may have changed their competitive strategies. While the idea that Walmart destroys small businesses is widely assumed to be true, research so far suggests that Walmart superstores have little effect on smaller retailers such as "Mom and Pop" businesses. Differences in impact appear to be specific to the goods sold. Small retailers may experience difficulty if they rely on selling products identical to those at Walmart or if they try to sell at lower prices. Dollar stores such as
Family Dollar Family Dollar Stores, Inc. is an American variety store chain founded in 1959 by Leon Levine in Charlotte, North Carolina. With over 8,000 locations in all states except Alaska and Hawaii, it was once the second largest retailer of its type in th ...
and
Dollar General Dollar General Corporation is an American chain of discount stores headquartered in Goodlettsville, Tennessee. As of January 8, 2024, Dollar General operated 19,643 stores in the contiguous United States and Mexico. The company began in 1939 in ...
have been able to find a small niche market and compete successfully against Walmart. In 2004, Walmart responded by testing its own dollar store concept, a subsection of some stores called "Pennies-n-Cents". Walmart also had to face fierce competition in some foreign markets. For example, in Germany it had captured just 2 percent of the German food market following its entry into the market in 1997 and remained "a secondary player" behind
Aldi Aldi (German pronunciation: ), stylised as ALDI, is the common company brand name of two German multinational family-owned discount supermarket chains operating over 12,000 stores in 18 countries. The chain was founded by brothers Karl and ...
with 19 percent. In May 2006, after entering the South Korean market in 1998, Walmart sold all 16 of its South Korean outlets to
Shinsegae Shinsegae Inc. (, ) is a South Korean department store Franchising, franchise, along with several other businesses, headquartered in Seoul, South Korea. The firm is an affiliate of Shinsegae Group, South Korea's leading retail ''chaebol'', and ...
, a local retailer, for . Shinsegae re-branded the Walmarts as
E-mart Emart Inc. () is the largest retailer in South Korea. The retailer was founded on 12 November 1993, by Shinsegae, as the first discount retailer in South Korea. There were 160 stores across the Country as of December 2016. Emart is South Korea' ...
stores. Walmart struggled to export its brand elsewhere as it rigidly tried to reproduce its model overseas. In China, Walmart hopes to succeed by adapting and doing things preferable to Chinese citizens. For example, it found that Chinese consumers preferred to select their own live fish and seafood; stores began displaying the meat uncovered and installed fish tanks, leading to higher sales.


Customer base

In the United States, Walmart's early growth occurred in the Southeast and lower Midwest. More recently, Walmart has expanded throughout the country. The number of Walmart stores per 1,000 people in 2019 was highest in Arkansas, Oklahoma, Louisiana, Alabama and Kansas, and lowest in Hawaii, California, New Jersey, Massachusetts and New York. California and New Jersey were two of the ten states with the largest increases in Supercenters between 2011 and 2020, along with Pennsylvania, Illinois, and Wisconsin. Walmart customers display strong customer loyalty and cite low prices as the most important reason for shopping there. Walmart has characterized their shoppers as falling into three main groups: "value-price shoppers" (people who like low prices and cannot afford much more), "brand aspirationals" (people with low incomes who buy well-known brands in hopes of assuring quality), and "price-sensitive affluents" (wealthier shoppers who seek deals). the average U.S. Walmart customer earned about $80,000 per year, above the U.S. average personal income of $63,214. Walmart reports that during times of rising inflation, customers become more sensitive to rising food prices, buying less expensive food items such as hot dogs and canned tuna rather than deli cold cuts. They also see more upper-income shoppers looking for bargains. Walmart shoppers have been reported to be politically conservative. A poll after the
2004 U.S. presidential election Presidential elections were held in the United States on November 2, 2004. Incumbent Republican President George W. Bush and his running mate, incumbent Vice President Dick Cheney, were re-elected to a second term. They narrowly defeated ...
reported that 76 percent of voters who shopped at Walmart once a week reported voting for
George W. Bush George Walker Bush (born July 6, 1946) is an American politician and businessman who was the 43rd president of the United States from 2001 to 2009. A member of the Bush family and the Republican Party (United States), Republican Party, he i ...
while only 23 percent supported senator
John Kerry John Forbes Kerry (born December 11, 1943) is an American attorney, politician, and diplomat who served as the 68th United States secretary of state from 2013 to 2017 in the Presidency of Barack Obama#Administration, administration of Barac ...
. When measured against similar retailers in the U.S. in 2006, frequent Walmart shoppers were rated the most politically
conservative Conservatism is a cultural, social, and political philosophy and ideology that seeks to promote and preserve traditional institutions, customs, and values. The central tenets of conservatism may vary in relation to the culture and civiliza ...
. 54 percent of Americans who preferred to shop at Walmart reported that they opposed
same-sex marriage Same-sex marriage, also known as gay marriage, is the marriage of two people of the same legal Legal sex and gender, sex. marriage between same-sex couples is legally performed and recognized in 38 countries, with a total population of 1.5 ...
, while 40 percent were in favor, reflecting the store's southern roots. Due to its concentration of stores in the
Bible Belt The Bible Belt is a region of the Southern United States and the Midwestern state of Missouri (which also has significant Southern influence), where evangelical Protestantism exerts a strong social and cultural influence. The region has been de ...
, Walmart is known for its "tradition of tailoring its service to churchgoing customers". Walmart has carried clean versions of hip-hop audio CDs and in cooperation with The Timothy Plan, placed "plastic sheathes over suggestive women's periodicals and banned 'lad mags' such as
Maxim Maxim or Maksim may refer to: Entertainment *Maxim (magazine), ''Maxim'' (magazine), an international men's magazine ** Maxim (Australia), ''Maxim'' (Australia), the Australian edition ** Maxim (India), ''Maxim'' (India), the Indian edition *Maxim ...
" magazine. Walmart also caters to its Christian customer base by selling Christian books and media, such as
VeggieTales ''VeggieTales'' is an American Christian media, Christian Computer animated, CGI-animated series and multimedia franchise created by Phil Vischer and Mike Nawrocki under Big Idea Entertainment. The series stars Bob the Tomato and Larry the Cucumb ...
videos and
The Purpose-Driven Life ''The Purpose Driven Life'' is a Bible study book written by Christian pastor Rick Warren and published by Zondervan in 2002. The book offers readers a 40-day personal spiritual journey and presents what Warren says are God's five purposes for ...
, earning the company over annually. In 2006, Walmart took steps to expand its U.S. customer base, announcing a modification in its U.S. stores from a "one-size-fits-all" merchandising strategy to one designed to "reflect each of six demographic groups—African-Americans, the affluent, empty-nesters, Hispanics, suburbanites, and rural residents". Around six months later, it unveiled a new slogan:'' "Saving people money so they can live better lives"''. Walmart has also made steps to appeal to more liberal customers, for example, by rejecting the
American Family Association The American Family Association (AFA) is a conservative and Christian fundamentalist 501(c)(3) organization based in the United States.Brokeback Mountain ''Brokeback Mountain'' is a 2005 American neo-Western romantic drama film directed by Ang Lee and produced by Diana Ossana and James Schamus. Adapted from Brokeback Mountain (short story), the 1997 short story by Annie Proulx, the screenplay ...
'', a love story between two gay cowboys in Wyoming.


Sales of guns and ammunition

Walmart stopped selling handguns in all U.S. states, except for
Alaska Alaska ( ) is a non-contiguous U.S. state on the northwest extremity of North America. Part of the Western United States region, it is one of the two non-contiguous U.S. states, alongside Hawaii. Alaska is also considered to be the north ...
, in 1993.Abha Bhattarai
'The status quo is unacceptable': Walmart will stop selling some ammunition and exit the handgun market
, ''The Washington Post'' (September 3, 2019).
In 2018, Walmart stopped selling guns and ammunition to persons younger than 21, following a similar move by
Dick's Sporting Goods Dick's Sporting Goods, Inc. (stylized in all caps as DICK'S Sporting Goods) is an American chain of sporting goods stores founded in 1948 by Richard "Dick" Stack. It is the largest sporting goods retailer in the United States and is listed ...
on the same day. In the same year, Walmart stopped selling military-style rifles that were commonly used in
mass shootings A mass shooting is a violent crime in which one or more attackers use a firearm to Gun violence, kill or injure multiple individuals in rapid succession. There is no widely accepted specific definition, and different organizations tracking su ...
. As of 2019, Walmart was a major retailer of firearms and ammunition.Michael Corkery
Walmart to Limit Ammunition Sales and Discourage 'Open Carry' of Guns in Stores
, ''The New York Times'' (September 3, 2019).
In 2019, after 23 people were killed in a mass shooting at a Walmart store in El Paso, Texas, Walmart announced that it would stop selling all handgun ammunition and certain
short-barreled rifle Short-barreled rifle broadly refers to any rifle with an unusually short Gun barrel, barrel. The term carbine describes a production rifle with a reduced barrel length for easier handling in confined spaces. Concern about concealed carry, conceal ...
ammunition. The company also announced that it would stop selling handguns in Alaska, the only state where the company still sold handguns. The move was expected to reduce Walmart's U.S. market share in ammunition from around 20% to around 6–9%. Walmart also stated that it was "respectfully requesting" that customers not openly carry weapons in Walmart stores, except for authorized law enforcement officers. Following the fatal police shooting of Walter Wallace Jr. in October 2020, Walmart temporarily removed gun and ammunition displays in thousands of stores across the U.S. from sales floors, grounding their reason in concerns of civil unrest. Company spokesman Kory Lundberg said in a statement that "We have seen some isolated civil unrest and as we have done on several occasions over the last few years, we have moved our firearms and ammunition off the sales floor as a precaution for the safety of our associates and customers." Firearms and ammunition will still be available for purchase on request, but the duration of the removal of both from the sales floor remains undetermined.


Technology


Open source software

Many Walmart technology projects are coded in the open and available through the Walmart Labs
GitHub GitHub () is a Proprietary software, proprietary developer platform that allows developers to create, store, manage, and share their code. It uses Git to provide distributed version control and GitHub itself provides access control, bug trackin ...
repository as
open-source software Open-source software (OSS) is Software, computer software that is released under a Open-source license, license in which the copyright holder grants users the rights to use, study, change, and Software distribution, distribute the software an ...
under the OSI approved Apache V2.0 license. 141 public GitHub projects are listed. During a migration of the walmart.com retail platform to Facebook React and Node.js, the Electrode project was created to power the e-commerce platform which serves 80 million visitors per month and 15 million items. Alex Grigoryan of Walmart Labs released a statement on Medium.com on October 3, 2016, explaining the details of the applications and the scale that they operate at Walmart.


Big data analytics

As the largest retailer in the U.S., Walmart collects and analyzes a large amount of consumer data. The
big data Big data primarily refers to data sets that are too large or complex to be dealt with by traditional data processing, data-processing application software, software. Data with many entries (rows) offer greater statistical power, while data with ...
sets are mined for use in
predictive analytics Predictive analytics encompasses a variety of Statistics, statistical techniques from data mining, Predictive modelling, predictive modeling, and machine learning that analyze current and historical facts to make predictions about future or other ...
, which allow the company to optimize operations by predicting customer's habits. Walmart's
datacenter A data center is a building, a dedicated space within a building, or a group of buildings used to house computer systems and associated components, such as telecommunications and storage systems. Since IT operations are crucial for business ...
is unofficially referred to as Area 71. In April 2011, Walmart acquired
Kosmix Walmart Labs (formerly named Kosmix and @WalmartLabs) became part of Walmart Global Tech, the technology and business services organization within Walmart. Venky Harinarayan and Anand Rajaraman founded Kosmix in 2005. In April 2011, Walmart acq ...
to develop software for analyzing real-time data streams. In August 2012, Walmart announced its Polaris search engine. The amount of data gathered by Walmart has raised privacy concerns.


Cash handling

in 2016, Walmart began a drive to automate much of the cash handling process. Walmart began replacing employees who count currency by hand with machines that count 8 bills per second and 3,000 coins a minute. The processing machines, located in the back of stores, allow cashiers to process the money for electronic depositing.


Charity

Sam Walton believed that the company's contribution to society was that it operated efficiently, thereby lowering the
cost of living The cost of living is the cost of maintaining a certain standard of living for an individual or a household. Changes in the cost of living over time can be measured in a cost-of-living index. Cost of living calculations are also used to compare t ...
for customers, and, therefore, in that sense was a "powerful force for good", despite his refusal to contribute cash to philanthropic causes. Having begun to feel that his wealth attracted people who wanted nothing more than a "handout", he explained that while he believed his family had been fortunate and wished to use his wealth to aid worthy causes like education, they could not be expected to "solve every personal problem that comes to
heir Inheritance is the practice of receiving private property, titles, debts, entitlements, privileges, rights, and obligations upon the death of an individual. The rules of inheritance differ among societies and have changed over time. Offi ...
attention". He explained later in his autobiography, "We feel very strongly that Wal-Mart really is ''not'', and ''should not'' be, in the charity business," stating "any debit has to be passed along to somebody—either shareholders or our customers." Since Sam Walton's death in 1992, however, Walmart and the Walmart Foundation dramatically increased charitable giving. For example, in 2005, Walmart donated in cash and merchandise for
Hurricane Katrina Hurricane Katrina was a powerful, devastating and historic tropical cyclone that caused 1,392 fatalities and damages estimated at $125 billion in late August 2005, particularly in the city of New Orleans and its surrounding area. ...
relief and in 2020 they committed $25 million to organizations on the frontlines of the
COVID-19 pandemic The COVID-19 pandemic (also known as the coronavirus pandemic and COVID pandemic), caused by severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2), began with an disease outbreak, outbreak of COVID-19 in Wuhan, China, in December ...
response. Today, Walmart's charitable donations approach each year.


COVID-19

As of January 2021, healthcare workers could get vaccines through Walmart in New Mexico and Arkansas. Walmart planned to offer vaccines in Georgia (U.S. state), Georgia, Indiana, Louisiana, Maryland,
New Jersey New Jersey is a U.S. state, state located in both the Mid-Atlantic States, Mid-Atlantic and Northeastern United States, Northeastern regions of the United States. Located at the geographic hub of the urban area, heavily urbanized Northeas ...
, South Carolina, Texas,
Chicago Chicago is the List of municipalities in Illinois, most populous city in the U.S. state of Illinois and in the Midwestern United States. With a population of 2,746,388, as of the 2020 United States census, 2020 census, it is the List of Unite ...
and Puerto Rico with the target of delivering between 10 million and 13 million doses per month at full capacity. In May 2021, Walmart said that starting from May 18 all its fully vaccinated employees could stop wearing masks at work following the guidance from the U.S. Centers for Disease Control and Prevention.


Economic impact


Effects on customers

A 2005 story in ''The Washington Post'' reported that "Wal-Mart's discounting on food alone boosts the welfare of American shoppers by at least per year." A study in 2005 at the Massachusetts Institute of Technology (MIT) measured the effect on Welfare economics, consumer welfare and found that the poorest segment of the population benefits the most from the existence of discount retailers. In 2006, American newspaper columnist George Will stated that In terms of economic effects, "Wal-Mart and its effects save shoppers more than a year, dwarfing such government programs as Supplemental Nutrition Assistance Program, food stamps () and the earned income tax credit ()".


Effects on retailers

Kenneth Stone, Professor of Economics at Iowa State University, in a paper published in ''Farm Foundation'' (1997), found that some small towns can lose almost half of their retail trade within ten years of a Walmart store opening. Presumably, people who previously shopped in towns without Wal-Mart stores choose to shop in towns with Wal-Mart stores, part of an older pattern in which smaller centers lose retail sales to larger ones. Stone compared the changes to previous competitors that small town shops have faced in the past, such as the development of the railroads, the Sears Roebuck catalog, and shopping malls. He concluded that small towns are more affected by "discount mass merchandiser stores" than larger towns and that shop owners who adapt to the ever-changing retail market can "co-exist and even thrive in this type of environment". In later research Artz and Stone (2006) reported that in Mississippi the impact of opening a Walmart was much larger on existing retailers in rural communities (17%) than more urban ones (4%). This also suggests that Walmart has achieved its strongest growth in non-metropolitan areas, which tend to be low-income. Studies of the impact of Walmart tend to focus on Supercenters rather than Neighborhood Markets. Comparisons of performance metrics such as sales per square foot suggest that supermarkets and other high-volume retailers in direct competition with Walmart Supercenters show significant decreases in profit margins. While Walmart has often been said to be a destroyer of small businesses, much of this is anecdotal. Research so far suggests that Walmart superstores have little effect on smaller retailers such as "Mom and Pop" businesses. A 2008 economic analysis published in the journal ''Economic Inquiry'' suggested that "the process of creative destruction unleashed by Wal‐Mart has had no statistically significant long‐run impact on the overall size and profitability of the small business sector in the United States". Impact appears to be related to a number of factors, with a key factor being the goods offered for sale. A study by Ailawadi and others (2010) examined the impact of new Walmarts in detail. She reported that median sales dropped 40 percent at similar high-volume stores, 17 percent at supermarkets and 6 percent at drugstores. However, 30 percent of specific product categories at high-volume stores were unaffected. Many retailers reduced prices and cut product selection in an attempt to compete directly with Walmart, in effect attacking its areas of strength. A more successful approach was to track sales, identify vulnerable categories, and increase the range of products in those categories. By including products at both top and bottom price points, and offering temporary promotions on those items, retailers could attract both customers who were price-conscious and those interested in a wider range of options. A small store that specialized in a particular product area could compete effectively against Walmart. Small specialized stores are less effective against big-box category killer chains such as Home Depot and Best Buy electronics. Some studies have suggested that the impact a Walmart store has on a local business is correlated to its distance from the store. David Merriman, Joseph Persky, Julie Davis and Ron Baiman (2012) outlined the impacts of Walmart in
Chicago Chicago is the List of municipalities in Illinois, most populous city in the U.S. state of Illinois and in the Midwestern United States. With a population of 2,746,388, as of the 2020 United States census, 2020 census, it is the List of Unite ...
. Based on three annual surveys of enterprises within a four-mile radius of a new Chicago Walmart it "shows that the probability of going out of business was significantly higher for establishments close to that store". The overall findings of this study reinforce the "contention that large-city Walmarts, like those in small towns, absorb retail sales from nearby stores without significantly expanding the market". Ellickson & Grieco (2013) report in the ''Journal of Urban Economics'' that Wal-Marts most strongly affect outlets of larger chains that are within of their location.


Effects on jobs

A 2022 literature review concludes that "there is no consensus on the impact of Walmart on local employment, but most studies on the topic point to a modest increase in retail employment". For example, studies at the University of Missouri found that a new store increases net retail employment in the county by 100 jobs in the short term, half of which disappear over five years as other retail establishments close. Similarly, a net increase in employment (55 jobs) was found in a study of West Virginia counties between 1989 and 1998. Like other chain stores, Walmart tends to hire local employees for low-skilled jobs with low wages and minimal benefits. This may increase employees' reliance on public assistance programs, effectively transferring costs away from employers onto taxpayers. Studies examining aggregate retail wage data from states and counties, before and after the arrival of Walmart, are mixed. Some results, particularly from nonmetropolitan areas in the South and central United States, suggest lowered wages. Other studies have found no effect (e.g. Pennsylvania) or an increase in wages (e.g. Maryland). A 2004 paper by Goetz and Swaminathan suggested that U.S. counties with Walmart stores suffered increased poverty compared with counties without Wal-Marts. It is difficult to distinguish the effects of opening a Walmart from other factors, some of which may be related to the decision to open a store. Known as Endogeneity (econometrics), endogeneity bias, this makes it difficult to determine whether Walmart chooses to establish itself in communities with greater poverty and joblessness, or creates more poverty and joblessness. Studies of socioeconomic well-being, civic participation, and community welfare suggest that large non-locally owned businesses tend to be centralized and vertically integrated, rely on remote sources and support services, and move money, expertise and power away from local communities. Large externally-oriented businesses tend to be associated with lower local standards of living, greater inequality, and less social and civic participation. This research is not specific to Walmart, but to large businesses in general. In broader economic terms, the Economic Policy Institute estimated that between 2001 and 2006 Wal-Mart's trade deficit with China alone represented a loss of nearly 200,000 U.S. jobs. During this period, Wal-Mart was responsible for 9.3% of total U.S. imports from China, increasing the U.S. trade deficit by an estimated $17.1 billion. This represents about 200,000 jobs, most of them in the manufacturing sector (133,000). A 2014 story in ''The Guardian'' reported that the Wal-Mart Foundation was boosting its efforts to work with U.S. manufacturers. In February 2014, the Walmart Foundation pledged to support domestic manufacturers by buying worth of American-made products in the next decade. Between 2014 and 2017, the Walmart U.S. Manufacturing Innovation Fund gave $10 million in grants to research and academic institutions for projects that improve domestic manufacturing. For the 2020 fiscal year, Walmart reported that nearly two-thirds of its merchandise was made, assembled or grown in the United States. As of March 2021, Walmart pledged to buy an additional $350 billion worth of American-based items over the next decade.


Effects on productivity

A 2001 McKinsey & Company, McKinsey Global Institute study of U.S. labor productivity growth between 1995 and 2000 concluded that "Wal-Mart directly and indirectly caused the bulk of the productivity acceleration" in general merchandise, representing 16 percent of total productivity growth in the retail sector. Walmart's transformative use of information technology, particularly in supply-chain management, is identified as a major reason for its impact on productivity per man hour. For every dollar spent by Walmart to improve its own technology, an estimated ten dollars has been invested by suppliers throughout its supply chain on their own systems and software. Economist Robert Solow has emphasized the importance of imitation and adaptation: in addition to improving its own efficiency, Walmart's innovations have been adopted by its competitors so that they can compete.


Impact on the environment

Walmart's transportation network is a large contributor to its carbon footprint, with transportation fuel emissions increasing by 10% in 2023 to approximately 15.06 million metric tons of CO2. Another source of environmental concern is refrigerators, which are very important for Walmart’s transportation of goods. Walmart’s use of refrigerators relies on hydrofluorocarbons (HFCs), chlorofluorocarbons (CFCs), and Chlorofluorocarbon, hydrochlorofluorocarbons (HCFCs), which are potent greenhouse gases. In 2023, refrigerant-related emissions increased by 5.3% due to leaks in equipment across the United States and Mexico. Additionally, Walmart’s shipping operations in 2021 produced more greenhouse gases than a coal-fired power station, coming in at 1.7 million metric tons of CO2, underscoring the environmental cost of its logistics. Walmart's practices have faced criticism for contributing to deforestation, specifically in regions that produce palm oil, soy, and beef. Walmart works with suppliers linked to illegal deforestation in critical ecosystems like the Amazon. The company’s focus on low-cost, low-quality goods with short lifespans also adds to landfill waste, further harming the environment.


Environmental risk

Climate change presents significant risks to Walmart’s operations. Extreme weather events such as hurricanes and wildfires can lead to store closures, inventory losses, and disruptions to the supply chain. In 2017, Hurricane Harvey forced Walmart to close over 134 stores in the United States, causing supply chain disruptions and delayed deliveries due to flooding and road closures. In response, Walmart activated emergency systems and implemented advanced forecasting and rerouting to restock essential items in nearby stores. This experience showed Walmart just how important it is to create climate adaptation strategies. Since this event, the company has integrated such strategies into the business model. As climate-related disruptions are expected to increase, Walmart started something called Project Gigaton, which aims to reduce greenhouse gases and focus on energy use, nature, waste, packaging, transportation, and product design, hoping to alleviate some of the pressure of environmental risk on the company. The ongoing risks posed by climate change continue to challenge Walmart’s ability to maintain consistent operations, showing the importance of continued adaptation to these environmental pressures.


Labor relations

With over 2.3 million employees worldwide, Walmart has faced a torrent of lawsuits and issues with regards to its workforce. These issues involve wage, low wages, Occupational safety and health, poor working conditions, inadequate health care, and issues involving the company's strong trade union, anti-union policies. In November 2013, the National Labor Relations Board (NLRB) announced that it had found that in 13 U.S. states, Wal-Mart had pressured employees not to engage in strikes on Black Friday, and had illegally disciplined workers who had engaged in strikes. Critics point to Walmart's high Turnover (employment), turnover rate as evidence of an unhappy workforce, although other factors may be involved. Approximately 70 percent of its employees leave within the first year. Despite this turnover rate, the company is still able to affect unemployment rates. This was found in a study by Oklahoma State University which states, "Walmart is found to have substantially lowered the relative unemployment rates of blacks in those counties where it is present, but to have had only a limited impact on relative incomes after the influences of other socio-economic variables were taken into account." Walmart is the largest private employer in the United States, with 1.6 million employees . Walmart employs almost five times as many people as IBM, the second-largest employer. Walmart employs more African Americans than any other private employer in the United States. While 4.6% of all retail workers, and 16.5% of all U.S. grocery workers, were unionized as of 2020, Walmart does not employ unionized labor and actively discourages unionization and collective bargaining. Walmart rebranded their Associate Education Benefits to Live Better U in March 2019. Live Better U supports associate education at every level and includes $1 a day college program, cost-free high school education, and discounts on higher education programs through partnership with Guild Education. In April 2019, Walmart Inc. announced plans to extend the use of robots in stores in order to improve and monitor inventory, clean floors and unload trucks, part of the company's effort to lower its labor costs. The use of robots has alienated some workers. In June 2019, Walmart Inc. announced the expansion of education benefits to recruit high school students. The incentives include flexible work schedules, free SAT and ACT preparation courses, up to seven hours of free college credit, and a debt-free college degree in three fields from six nonprofit universities.


Gender

In 2007, a Discrimination, gender discrimination lawsuit, ''Dukes v. Wal-Mart Stores, Inc.'', was filed against Walmart, alleging that female employees were discriminated against in matters regarding pay and promotions. A class action suit was sought, which would have been the nation's largest in history, covering 1.5 million past and current employees. On June 20, 2011, the Supreme Court of the United States, United States Supreme Court ruled in Wal-Mart's favor, stating that the plaintiffs did not have enough in common to constitute a class. The court ruled unanimously that because of the variability of the plaintiffs' circumstances, the class action could not proceed as presented, and furthermore, in a 5–4 decision that it could not proceed as any kind of class action suit. Several plaintiffs, including the lead plaintiff, Betty Dukes, expressed their intent to file individual discrimination lawsuits separately. Dukes died in 2017. In 2020, Walmart agreed to pay $20 million, stop using a pre-employment test, and furnish other relief to settle a companywide, sex-based hiring discrimination lawsuit filed by the U.S. Equal Employment Opportunity Commission (EEOC). According to a consultant hired by plaintiffs in a sex discrimination lawsuit, in 2001, Wal-Mart's Equal Employment Opportunity Commission filings showed that female employees made up 65 percent of Wal-Mart's hourly paid workforce, but only 33 percent of its management. Just 35 percent of its store managers were women, compared to 57 percent at similar retailers. Wal-Mart says comparisons with other retailers are unfair, because it classifies employees differently; if department managers were included in the totals, women would make up 60 percent of the managerial ranks.


Sexual orientation and gender identity

In the Human Rights Campaign's (HRC) 2002 Corporate Equality Index, a measure of how companies treat LGBT employees and customers, gave Wal-Mart Stores Inc. a score of 14%. By 2017, however, HRC's 2017 Corporate Equality Index gave Wal-Mart Stores Inc. a score of a 100%. In 2003, Walmart added sexual orientation to their anti-discrimination policy. In 2005, Walmart's definition of family began including Same-sex marriage, same-sex partners. In 2006, Walmart announced that "diversity efforts include new groups of minority, female and gay employees that meet at Walmart headquarters in Bentonville to advise the company on marketing and internal promotion. There are seven business resource groups: women, African Americans, Hispanics, Asian people, Asians, Native Americans in the United States, Native Americans, gays and lesbians, and a Disability, disabled group." From 2006 to 2008, Walmart was a member of the National Gay & Lesbian Chamber of Commerce. In 2011, Walmart added gender identity to their anti-discrimination policy. Walmart's anti-discrimination policies allow associates to use restroom facilities that corresponds with their gender identity and gender expression. In 2013, Walmart began offering health insurance benefits to Domestic partnership, domestic partners. In 2015,
Doug McMillon Carl Douglas McMillon (born October 17, 1966) is an American businessman who has been the president and chief executive officer (CEO) of Walmart since 2014. He also sits on the retailer's board of directors. McMillon first joined the company as ...
, CEO of Walmart, issued a statement opposing Arkansas HB 1228, House Bill 1228 and asked Governor Asa Hutchinson to veto the bill. In 2016, Walmart began offering full healthcare benefits to its transgender employees.


Criticism and controversies

Walmart has been subject to criticism from various groups and individuals, including labor unions, community groups, grassroots organizations, religious organizations, environmental groups, firearm groups, and the company's own customers and employees. They have protested against the company's policies and business practices, including charges of racial and gender discrimination.Kabel, Marcus.
Wal-Mart, Critics Slam Each Other on Web
". ''The Washington Post''. July 18, 2006. Retrieved July 31, 2006.
Other areas of criticism include the company's foreign product sourcing, treatment of suppliers, employee compensation and working conditions, environmental practices, corporate welfare, the use of public subsidies, Labor spies#Wal-Mart surveillance of employees, the company's security policies, and slavery. Walmart denies wrongdoing and maintains that low prices are the result of efficiency.


Animal welfare

In 2012 and 2013, undercover investigations by Mercy for Animals showed pigs at Walmart pork suppliers being confined in gestation crates, castrated without anesthetic, and killed by a practice called "blunt force trauma," involving piglets being slammed against concrete floors. Mercy for Animals launched a high-profile campaign to pressure Walmart to stop sourcing crated pork, including protests at Walmart stores in at least 145 cities. The campaign received support from actors James Cromwell, Ryan Gosling, Kristen Bell, and Zooey Deschanel, who signed a letter to Walmart CEO Mike Duke calling on the company to end the use of "cruel" gestation crates. In May 2015, Walmart issued
animal welfare Animal welfare is the quality of life and overall well-being of animals. Formal standards of animal welfare vary between contexts, but are debated mostly by animal welfare groups, legislators, and academics. Animal welfare science uses measures ...
guidelines suggesting that suppliers give pigs, egg-laying hens, and veal calves more room to move. The guidelines were criticized by animal welfare groups for not being mandatory. In 2024, the shareholder activism organization The Accountability Board authored a shareholder resolution requesting that Walmart publish targets for ending the use of gestation crates in its pork supply chain. The company suggested that shareholders vote against the resolution. At a shareholder meeting in June 2024, the resolution received the support of 12.5% of Walmart investors. In April 2016, Walmart announced plans to eliminate battery cage eggs from its supply chain by 2025. The decision was particularly important because of Walmart's large market share and influence on the rest of the industry. The move was praised by major
animal welfare Animal welfare is the quality of life and overall well-being of animals. Formal standards of animal welfare vary between contexts, but are debated mostly by animal welfare groups, legislators, and academics. Animal welfare science uses measures ...
groups but a poultry trade group representative expressed skepticism about the decision's impact. Walmart's cage-free eggs will not come from free range producers, but rather factory farming, industrial-scale farms where the birds will be allotted between 1 and 1.5 square feet each, a stressful arrangement which can cause cannibalism in poultry, cannibalism. Unlike battery cages, the systems of Walmart's suppliers allow the hens to move around, but relative to battery cages they have higher hen mortality rates and present distinct environmental and worker health problems. As of 2023, only 21% of Walmart's eggs were produced in cage-free facilities.


Business practices

In March 2018, Walmart was sued by former Director of Business Development Tri Huynh for claims of reporting misleading e-commerce performance results in favor of the company. Huynh stated the company's move was an attempt to regain lost ground to competitor Amazon (company), Amazon. In September 2018, Walmart was sued by Equal Employment Opportunity Commission alleging that Walmart denied requests from pregnant employees to limit heavy lifting. In July 2019, the Walmart subreddit was flooded with pro-union memes in a protest to the firing of an employee who posted confidential material to the subreddit. Many of these posts were angry with Walmart surveying its staff on the Internet. The posting of the union content is in response to the aforementioned alleged anti-union position Walmart has taken in the past. In June 2022, the Federal Trade Commission (FTC) sued Walmart, alleging that the company facilitated money transfer fraud by allowing its money transfer services to be used by scammers who stole hundreds of millions of dollars from customers.


Crime problems

According to an August 2016 report by ''Bloomberg Businessweek'', aggressive cost-cutting decisions that began in 2000 when Lee Scott took over as CEO of the company led to a significant increase in crime in stores across the United States. These included the removal of the store's famed greeters, who are in part seen as a theft deterrent at exits, the replacement of many cashiers with self-checkout stations, and the addition of stores at a rate that exceeded the hiring of new employees, which led to a 19% increase in space per employee from a decade previous. While these decisions succeeded in increasing profits 23% in the decade that followed, they also led to an increase in both theft and violent crime. In 2015, under CEO
Doug McMillon Carl Douglas McMillon (born October 17, 1966) is an American businessman who has been the president and chief executive officer (CEO) of Walmart since 2014. He also sits on the retailer's board of directors. McMillon first joined the company as ...
, Walmart began a company-wide campaign to reduce crime that included spot-checking receipts at exits, stationing employees at self-checkout areas, eye-level security cameras in high-theft areas, use of data analytics to detect credit fraud, hiring off-duty police and private security officers, and reducing calls to police with a program by which first-time offenders caught stealing merchandise below a certain value can avoid arrest if they agree to go through a theft-prevention program. Law enforcement agencies across the United States have noted a burden on resources created by a disproportionate number of calls from Walmart. Experts have criticized the retailer for shifting its security burden onto the taxpayers. Across three Florida counties, approximately 9,000 police calls were logged to 53 Walmart stores but resulted in only a few hundred arrests. In Granite Falls, North Carolina, 92% of larceny calls to local police were from the Walmart store. The trend is similar in rural, suburban, and urban areas. Police are called to Walmart stores 3 to 4 times as much as similar retailers such as Target. Experts say the chain and its razor-thin profit margins rely heavily on police to protect its bottom line. Walmart Supercenters top the list of those most visited by police. In addition to hundreds of thousands of petty crimes, more than 200 violent crimes, including attempted kidnappings, stabbings, shootings, and murders occurred at the 4,500 Walmarts in the U.S. in 2016. In 2019, 23 people were killed in a mass shooting at a Walmart store in El Paso, Texas. On June 27, 2020, a shooting occurred at a Walmart distribution center in Red Bluff, California, United States. One employee was killed and the shooter was killed by officers.


Product safety

In 2012, Walmart's pork and mango supply chain was contaminated, resulting in a large number of customers suffering from severe food poisoning. In order to resolve the incident immediately, Walmart recalled all contaminated pork and mangoes and emptied its inventory to prevent further sales. In May 2019, the Center for Inquiry filed a lawsuit in the District of Columbia alleging consumer fraud and the endangering of its customers' health due to Walmart's practice of "selling Homeopathy, homeopathic [products] alongside real medicine, in the same sections in its stores, under the same signs", according to Nicholas Little, CFI's vice president and general counsel. On May 20, 2020, District of Columbia Superior Court Judge Florence Pan dismissed CFI's lawsuit, claiming that CFI had no standing as a consumer protection organization and failed to identify the specific actions on the part of Walmart that led to harm to consumers. CFI has challenged both of those arguments and is planning an appeal. In November 2021, a federal jury found that Walmart, along with Walgreens and CVS Health, CVS, "had substantially contributed to" the Opioid epidemic, opioid crisis. The damages between the three chains in this suit totalled $650 million. Damages claimed by the lawyers for Lake County, Ohio, Lake County and Trumbull County, Ohio, Trumbull County in Ohio were $3.3 billion.


In popular culture

* "Something Wall-Mart This Way Comes" – a 2004 episode of Comedy Central's ''South Park'' *A Walmart Supercenter appeared in the 2021 film ''Ghostbusters: Afterlife'', at a fictional Oklahoma town, Summerville. It was filmed in a Walmart store (Store #3013) on location in Deerfoot City shopping center at Calgary, Alberta. *Gail Lewis had worked at the Morris, Illinois Walmart for ten years. Lewis signed off for the final time in her November 16, 2023 TikTok video, which went viral and amassed 25 million views in ten days. Lewis described her coworkers as family but that she was looking forward to her new job. In a Facebook message to WMAQ-TV, NBC Chicago, Lewis gave thanks for the support and said she had already started her new job and "loves the work".


See also

* Big-box store * Lukas Walton * Walmart greeter * First Tee Open, Wal-Mart First Tee Open at Pebble Beach – former name of a golf tournament * ''Wal-Mart: The High Cost of Low Price'' – a 2005 documentary film by director Robert Greenwald * Walmarting – a neologism * ''Why Wal-Mart Works; and Why That Drives Some People C-R-A-Z-Y'' – a 2005 rebuttal to the Greenwald documentary


Notes


References


External links

*
Walmart Inc. Corporate website
* * {{authority control Walmart, 1962 establishments in Arkansas 1970s initial public offerings American companies established in 1962 Bentonville, Arkansas Companies based in Arkansas Companies in the Dow Jones Industrial Average Companies listed on the New York Stock Exchange Companies in the Dow Jones Global Titans 50 Companies in the S&P 500 Dividend Aristocrats Consumer electronics retailers of the United States Discount stores of the United States Garden centres Hypermarkets of the United States Multinational companies headquartered in the United States Online retailers of the United States Retail companies established in 1962 Supermarkets of China Supermarkets of the United States Superstores in the United States Toy retailers of the United States Walton family