Company Name: Walmart Inc.
Industry: Discount Stores
Sector: Consumer Defensive
Description: Walmart Inc. is the world’s largest retailer, operating more than 11,000 stores under various formats in 27 countries, and serving over 220 million customers per week.
Walmart was founded in 1962 by Sam Walton, who pioneered the concept of offering low prices and great service to rural and suburban shoppers. The company is headquartered in Bentonville, Arkansas, and has more than 2.1 million employees worldwide.
Walmart’s main source of revenue is retail, which accounts for more than 95% of its total revenue. The company operates various segments, such as Walmart U.S., Walmart International, and Sam’s Club.
Walmart U.S. is the largest segment, comprising over 4,700 stores, including supercenters, discount stores, neighborhood markets, and e-commerce websites, such as walmart.com and jet.com.
Walmart International consists of over 6,000 stores in 26 countries, offering a diverse range of formats and services, such as hypermarkets, supermarkets, warehouse clubs, cash and carry stores, and online platforms, such as flipkart.com and walmart.com.mx.
Sam’s Club is a membership-only warehouse club that operates over 600 clubs in the U.S. and eight other countries, offering bulk merchandise, fresh food, fuel, and other services to its members.
Walmart is one of the most valuable and profitable companies in the world. The company has several competitive advantages that enable it to maintain its leadership position in the retail industry, such as:
Low-cost strategy: Walmart leverages its economies of scale, efficient supply chain, advanced technology, and bargaining power to offer low prices and high value to its customers while achieving high sales volume and profit margins.
Customer-centric approach: Walmart focuses on meeting the needs and preferences of its customers, by offering a wide assortment of products, convenient and flexible shopping options, superior customer service, and innovative solutions, such as Walmart InHome Replenishment, Shop with Friends, and GenAI-powered search.
Global presence and diversification: Walmart operates in various markets and segments, catering to different customer segments, cultures, and income levels, and reducing its dependence on any single market or format.
CEO: Mr. C. Douglas McMillon
Website: https://www.walmart.comExchange: New York Stock Exchange