Journalism of Courage
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
How Walmart decided to oust an icon of India's tech industry
November 19, 2018 6:58 pm
In its announcement, Walmart said it had initiated an independent investigation into an allegation of “serious personal misconduct.” The probe didn’t uncover evidence to support the charge.
Walmart India to invest USD 500 million to open 47 more stores by 2022
October 31, 2018 5:41 pm
The global retail giant, which opened its 23rd wholesale store in Visakhapatnam Wednesday, is in the process of setting up a second store in Visakhapatnam and discussions are underway for land.
Flipkart likely to replace Binny Bansal as group CEO, Kalyan Krishnamurthy frontrunner: Report
September 24, 2018 12:28 pm
Flipkart may name a new group CEO, partly because co-founder and current group CEO Binny Bansal is not actively involved in daily operations, the report said, adding that Binny Bansal will remain the chairman of the company.
Walmart warns Trump tariffs may force price hikes
September 21, 2018 8:28 am
Walmart, the world's largest retailer, in its letter said the tariff would impact prices of everything from food products to beverages and personal care items.
War for India dominance to spur more billion-dollar tech deals
September 11, 2018 9:11 am
Global technology companies are being drawn to do deals in India as mobile internet penetration increases and digital payments boost consumer spending.
Have complied with all tax obligations, says Walmart
September 08, 2018 12:58 am
20% long-term capital gains tax for shares sold by foreign investors post 24 months of buy
Hard lessons (Thanks, Amazon) breathe new life into retail stores
September 04, 2018 8:52 am
The investments in the new stores and digital offerings are being made at an opportune time, when the strong economy is giving retailers the necessary cash.
Jeff Bezos, Warren Buffett bet on India's $250 billion unclaimed internet market
September 02, 2018 6:44 pm
This week, Buffett’s Berkshire Hathaway Inc agreed to acquire a stake in the company behind digital payments leader Paytm.
Former stakeholders of Flipkart seek clarity on tax liability
August 31, 2018 1:03 am
In May, Walmart acquired 77% stake in Flipkart for $16 billion. Non-resident shareholders who sold their stake include SoftBank, eBay, Naspers.
Walmart completes deal to acquire 77 per cent stake in Flipkart
August 18, 2018 8:09 pm
Flipkart's existing management team will continue to lead the business.
