Walmart Biography 2022 - Retail Company
Founded in 1962, Walmart was formerly known as Walmart Discount City and Wal-Mart, Inc., and Wal-Mart Stores. The company is a multinational retail corporation that operates a chain of department stores, grocery stores, and hypermarkets. It is one of the successful retail companies globally, which has been providing affordable products to its customers for more than five decades throughout the world.
Walmart is a public-traded organization that is owned and controlled by the Walton family. It is the world's largest company to accumulate revenue, generating about $559 billion in revenue in 2020. Based in Bentonville, Arkansas, the American company operates its business through its subsidiaries in United States, Canada, Mexico, United Kingdom, Japan, India, Argentina, Chile, and South Africa. Walmart was officially incorporated on October 31, 1969, and the rest is history. Let's learn about the retailing giant, Walmart.
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