About Walmart Inc. (WMT)

Company Description:

Walmart Inc. stands as a multinational retail corporation that operates a chain of hypermarkets, discount department stores, and grocery stores from the United States. The company operates through three segments: Walmart U.S., Walmart International, and Sam's Club.

Founded by Sam Walton on July 2, 1962, Walmart has grown from a single discount store to the largest retailer in the world. Its headquarters are located in Bentonville, Arkansas.

Main Product(s):

Walmart provides a variety of products ranging from groceries, apparel, household goods, electronics, and a plethora of other merchandise at discounted prices. It also offers a robust e-commerce platform, catering to a wide array of consumer needs.

Short History of Walmart Inc.:

• July 1962 – Sam Walton opened the first Walmart in Rogers, Arkansas.
• 1970 – Walmart became a publicly-traded company.
• 1991 – The company established its first international store in Mexico City.
• 2000 – Walmart.com was founded to provide an online shopping experience.
• 2009 – Walmart surpassed Exxon Mobil Corporation as the world’s largest company by revenue.
• 2016 – Acquired e-commerce retailer Jet.com to further expand its online presence.
• 2018 – Launched Walmart Pay and expanded its grocery delivery services.