10 Interesting Walmart Facts
Read Walmart Facts if you want to know the details about the American multinational retailing corporation. The official name is Wal-Mart Stores, Inc. People simply call it Walmart. Walmart is operated in a number of styles. It can be as discount department stores, hypermarkets and grocery stores. In 1962, Sam Walton established Walmart. The base of Walmart Company is located in Bentonville, Arkansas. On 31st October 1969, Walmart was incorporated.
Walmart Facts 1: the numbers of clubs and stores
Walmart has 11,695 stores and clubs as of 31st January 2017. All of them spread in 28 countries in the world.
Walmart Facts 2: the name
In Canada and United States, the company is called Walmart. In United Kingdom, it is called Asda. In Central America and Mexico, Walmart is operated as Walmart de México y Centroamérica. In India and Japan, it is called Best Price and Seiyu Group respectively.
Walmart Facts 3: the revenue
Based on its generated revenue, Walmart is called as the largest company in the world. It employs at least 2.3 million people. Therefore, Walmart is called as the largest private employer in the world.
Walmart Facts 4: the Walton family
The Walton Family controls Walmart for it is a family business. The 50 percent stake of Walmart is owned by the heirs of Sam Walton through their individual holding and Walton Enterprises, the holding company.
Walmart Facts 5: the largest grocery retailer
In United States, Walmart takes the record as the largest grocery retailer. The US operation of Walmart accounts for 62.3 percent of Walmart‘s income in 2016. Check facts about Tesla here.
Walmart Facts 6: the mixed result of investment
The investment of Walmart is not always successful outside North America. It earned the mixed result. The opening of Walmart in South Korea and Germany are failed. The successful one is seen in China, South America and United Kingdom.
Walmart Facts 7: the division of Walmart’s operation
There are four divisions of Walmart’s operation. They are the Global eCommerce, Sam’s Club, Walmart International and Walmart US. Get facts about Tesco here.
Walmart Facts 8: the retail formats
The warehouse clubs, hypermarkets, supermarkets, supercenters, drugstores, apparel stores, specialty electronics, digital retail, home improvement and restaurants are some retail formats of Walmart.
Walmart Facts 9: Greg Foran
Greg Foran is the CEO and president of Walmart of United States.
Walmart Facts 10: Walmart Supercenters
Walmart Supercenters are available in a number of sizes. On average, it covers the area of 17,400 sq m or 187,000 sq feet.
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