Walmart Inc. is an American multinational retail corporation that operates a chain of hypermarkets, discount department stores, and grocery stores. It was founded in 1962 by Sam Walton and is headquartered in Bentonville, Arkansas. Walmart is one of the largest companies in the world and the largest retailer in the United States, with over 11,000 stores globally and 2.2 million employees. The company offers a wide range of products, including groceries, clothing, electronics, and home goods, and is known for its “Everyday Low Prices” strategy. Walmart has faced criticism for various issues, including labor practices, environmental impact, and foreign sourcing, but has also been recognized for its sustainability efforts and community involvement.
Primary Sectors: Food Retailing