The American brand Walmart is renowned for operating hypermarkets, discount department stores and grocery stores. Founded in 1962 by businessman and entrepreneur Sam Walton, Walmart started off as a small discount store in Arkansas, known for selling items at lower prices. In five years, it expanded across 24 areas in Arkansas and it soon became incorporated in 1969. It was in the early 1990’s when Walmart opened stores in various countries including the United Kingdom, Brazil, Argentina, Canada, China and Mexico.
Walmart introduced the supercenter concept. Shoppers had the opportunity to buy multiple items from food and apparel all the way to electronics and sporting products under one roof.
As of 2018, Walmart is one of the largest multinational retail corporations with over 1,700 stores and clubs in 28 countries. The company is split into four large divisions:
- Walmart U.S.
- Walmart International
- Sam’s Club
- Global eCommerce
The Walmart U.S. division is the largest section, accounting for over 60% of total sales.
Walmart is considered the world’s largest company by revenue. Its annual amount comes to approximately $485 billion.
There are several factors that may affect Walmart’s stock price:
- International trade
- Government policies and regulation
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