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Walmart

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Walmart company's logo

Walmart is the largest retailer in the world with around $500 billion in annual revenue and about 11,700 stores worldwide (including supercenters, wholesale warehouse clubs under the Sam's Club banner, and small-format stores across 28 countries). It is also expanding into the growing e-commerce channel, as evidenced by its acquisition of Jet.com in 2016 and the 2018 purchase of a 77% stake in Flipkart. Sales through this channel represent about 5% of its total revenue. Groceries and consumables account for roughly 60% of sales, with the remainder from general merchandise including fuel, hardlines, apparel, entertainment, and home goods. The firm is known for an everyday low price approach.

Year Founded
1962
Employees
2.3 M
RevenueFY 2019
$514.4 B
Net IncomeFY 2019
$6.7 B
General Information
  • Website

    http://walmart.com

  • Business Status

    Profitable

  • Ownership Status

    Publicly Held

  • Financing Status

    Corporation

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