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Walmart
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Walmart Inc: A Retail Giant's Global Footprint Walmart Inc, formerly Wal-Mart Stores, Inc, is an American multinational retail corporation operating a vast network of hypermarkets, discount stores, and grocery stores across 24 countries. Founded in 1962 by brothers Sam and James "Bud" Walton in Roge...
- Company type Public
- Industry Retail
- Founded July 2, 1962
- Founders Sam Walton, Bud Walton
- Headquarters Bentonville, Arkansas, United States
- Area served Worldwide
- Key people Greg Penner (chairman), Doug McMillon (president, CEO)
- Revenue US$680.99 billion (2025)
- Net income US$19.436 billion (2025)
- Number of employees 2,100,000 (2025)
- Subsidiaries List of subsidiaries
- Website www.walmart.com
Related Other Pages:
- D-Mart and True Value
Walmart history
Last Updated : 22/03/25, 11:55 AM
Walmart: From Humble Beginnings to Retail Giant Sam Walton's entrepreneurial journey began with a Ben Franklin store in 1945, focusing on high-volume sales at low prices. Early success led to the opening of "Walton's Five and Dime" in Bentonville, Arkansas, which later became the Walmart Museum. The...
WALMART NEWS
Flipkart raises $1.2 billion from Walmart
July 15, 2020 5:36 am
In 2018, US-based retail giant Walmart bought a majority stake in Flipkart for $16 billion but the latest round of funding follows a series of investment announcements made by US-based companies in Indian digital space.
El Paso shooting suspect faces more federal charges
July 10, 2020 3:30 pm
A grand jury returned a new indictment against Patrick Wood Crusius, who was already charged with 90 counts under federal hate crime and firearms laws for the shooting in the border city of El Paso.
Walmart stops selling 'All Lives Matter' t-shirts after social media backlash
July 02, 2020 2:13 pm
Post the social media heat, the company had initially announced a through investigation. However, later taking into consideration everything that was unfolding, they announced they would discontinue selling the items.
Pandemic leads to a bicycle boom, and shortage, around world
June 15, 2020 9:40 am
Bicycle sales over the past two months saw their biggest spike in the US since the oil crisis of the 1970s, said Jay Townley, who analyses cycling industry trends at Human Powered Solutions.
Walmart India elevates Sameer Aggarwal as CEO
March 25, 2020 6:06 pm
Aggarwal, who was elevated as Deputy CEO earlier in January this year, has now been promoted to Chief Executive Officer of Best Price, Walmart India, effective from April 1, Walmart said in a statement.
Flipkart-Walmart deal: NCLAT dismisses CAIT plea against fair trade regulator’s nod
March 13, 2020 1:14 am
The combination, thus, the NCLAT observed, would not result in any abuse of dominant position in market.
Walmart International sales up 2.3% as Flipkart boosts e-comm numbers
February 19, 2020 4:14 am
Net sales at Walmart International increased by 2.3 per cent year-on-year (y-o-y) to $33 billion in Q4FY20, the US-based retailer said in a statement.
Gunman dead, 2 officers hurt in shooting at Arkansas Walmart
February 11, 2020 10:28 am
The mayor heaped praise on the officers. "Due to their heroism and quick response, no civilians were injured," Forrest City Mayor Cedric Williams said. Walmart spokesman Scott Pope said the company was helping with the police investigation. Walmart is based in Bentonville, Arkansas.
Flipkart formally brings down curtains on Jabong, to focus on Myntra: Report
February 05, 2020 7:26 pm
As per the latest development, the Jabong web portal and the app will be redirected to Myntra's shopping portal.
Walmart sacks 56 employees, including 8 top execs; says no plan to exit India
January 13, 2020 6:38 pm
In a statement, Walmart India President and CEO Krish Iyer said the company "remains committed" to growing its wholesale retail business in India.
