Walmart

Walmart is an American multinational retail corporation that operates a chain of hypermarkets (also called supercenters), discount department stores, and grocery stores. Headquartered in Bentonville, Arkansas, it was founded by Sam Walton in 1962 and incorporated on October 31, 1969.

Walmart is one of the world's largest companies by revenue, as well as one of the world's largest private employers with approximately 2.2 million employees. It operates under the name Walmart in the United States and Canada. It also has wholly-owned subsidiaries in other countries, including Mexico (as Walmex), India (as Best Price), and Chile (as Lider).

The company operates over 10,500 stores and clubs in 24 countries, offering a wide variety of merchandise including apparel, electronics, groceries, home goods, and pharmaceuticals. Its business model is based on high-volume sales at low prices, which has made it a significant force in the retail industry and a subject of both praise and criticism.

Walmart has faced scrutiny regarding its labor practices, environmental impact, and its effect on local businesses. Despite these controversies, it remains a dominant player in the global retail landscape. Its impact on supply chains, pricing strategies, and consumer behavior is substantial.