Walmart Inc. formerly Wal-Mart Stores, Inc.) is an American multinational retail corporation that operates a sequence of hypermarkets, discount department shops , and grocery stores from the us , headquartered in Bentonville, Arkansas. the corporate was founded by Sam Walton in nearby Rogers, Arkansas in 1962 and incorporated under Delaware General jurisprudence on October 31, 1969. It also owns and operates Sam's Club retail warehouses. As of January 31, 2021, Walmart has 11,443 stores and clubs in 26 countries, operating under 54 different names. the corporate operates under the name Walmart within the us and Canada become walmart affiliate, as Walmart de México y Centroamérica in Mexico and Central America, it's affiliate with Asda within the uk , because the Seiyu Group in Japan, and as Flipkart Wholesale in India. it's wholly owned operations in Argentina, Chile, Canada, and South Africa . Since August 2018, Walmart holds only a minority stake in Walmart Brasil, which was renamed Grupo Big in August 2019, with 20 percent of the company's shares, and personal equity firm Advent International holding 80 percent ownership of the corporate .

Walmart is that the world's largest company by revenue, with US$548.743 billion, consistent with the Fortune Global 500 list in 2020. it's also the most important private employer within the world with 2.2 million employees commission. it's a publicly traded family-owned business, because the company is controlled by the Walton family. Sam Walton's heirs own over 50 percent of Walmart through both their company Walton Enterprises and their individual holdings. Walmart was the most important us grocery retailer in 2019, and 65 percent of Walmart's US$510.329 billion sales came from U.S. operations.

Walmart was listed on the ny stock market in 1972. By 1988, it had been the foremost profitable retailer within the U.S., and it had become the most important in terms of revenue by October 1989. the corporate was originally geographically limited to the South and lower Midwest, but it had stores from coast to coast by the first 1990s. Sam's Club opened in New Jersey in November 1989, and therefore the first California outlet opened in Lancaster, in July 1990. A Walmart in York, Pennsylvania, opened in October 1990, the primary main store within the Northeast.

Walmart's investments outside the U.S. have seen mixed results. Its operations and subsidiaries in Canada, the uk affiliate commission, Central America, South America, and China are highly successful, but its ventures failed in Germany and South Korea .

Branding and store design

In 2006, Walmart announced that it might remodel its U.S. stores to assist it appeal to a wider sort of demographics, including more affluent shoppers. As a part of the initiative, the corporate launched a replacement store in Plano, Texas, that included high-end electronics, jewelry, expensive wines and a bar .

On September 12, 2007, Walmart introduced new advertising with the slogan, "Save money. Live better.", replacing "Always Low Prices, Always", which it had used since 1988. Global Insight, which conducted the research that supported the ads, found that Walmart's price index 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 percent from the 2004 savings estimate of $2,329).

On June 30, 2008, Walmart removed the hyphen from its logo and replaced the star with a Spark symbol that resembles a sunburst, flower, or star. The new logo received mixed reviews from design critics who questioned whether the new logo was as bold as those of competitors, like the Target bullseye, or as instantly recognizable because the previous company logo, which was used for 18 years. The new logo made its debut on the company's website on Dominion Day here affiliate commission amazon, 2008, and its U.S. locations updated store logos within the fall of 2008. Walmart Canada began to adopt the brand for its stores in early 2009.