Walmart

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Wal-Mart Stores, Inc.
Company typeDiscount department store/Public (NYSEWMT)
IndustryRetail
FoundedJuly 2, 1962; 61 years ago (1962-07-02) (in Rogers, Arkansas)
Headquarters
Bentonville, Arkansas Elmira, New York (Walmart Radio)
,
Mexico, U. S. and Canada
Number of locations
10,000
Area served
Worldwide
Key people
Sam Walton (1918–1992), Founder
H. Lee Scott, CEO
S. Robson Walton, Chairman
Thomas Schoewe, CFO
ProductsDiscount stores, grocery stores, and hypermarkets
Revenue$523.964 billion USD (FY 2020)
20,428,000,000 United States dollar (2022) Edit this on Wikidata
$14.881 billion USD (FY 2020)
Total assets252,496,000,000 United States dollar (2021) Edit this on Wikidata
Number of employees
2.0 Million (2022)
Websitehttp://www.walmart.com

Walmart (NYSEWMT) is a company founded by Sam Walton in 1962. It is one of the world's largest companies, behind Exxon Mobil. Walmart stores are large department stores that sell many different things. There are more than 10,000 Walmarts around the world, and over 2 million people work for Walmart.[1]

Places Walmart can be found[change | change source]

A diagram of where Walmart can be found around the world. The countries in blue currently have Walmart; the countries in red formerly had Walmart; the countries in grey never had Walmart.
A Walmart in Canada

Walmart can be found in a lot of places around the world. It is mostly found around the United States but can also be found in Canada, Mexico, United Kingdom, some Asian countries, some African countries and some South American countries. Walmart has not yet reached Oceania.

Criticism[change | change source]

Walmart is criticized for having a poor record on labor rights, especially regarding anti union activity. It has also been criticized for once promoting made in America for its products but now largely importing the products it sells, from developing nations. Many of these jobs replaced manufacturing jobs in the US. along with the fact that Walmart retail jobs replaced many mom and pop stores in the US.[2] In 2005, movie director Robert Greenwald made a documentary movie called Walmart The High Cost of Low Price that criticized Walmart. After this movie was announced, director Ron Galloway made a film that ended up being released at the same time called Why Walmart Works and Why That Drives Some People CRAZY. This movie had a positive view of Walmart.[3]

References[change | change source]

  1. "About Us". corporate.walmart.com.
  2. "The United Food And Commercial Workers International Union Official website of the United Food and Commercial Workers International Union".
  3. Horsley, Scott (November 13, 2005). "Documentaries Offer Two Views of Wal-Mart". NPR. Archived from the original on November 24, 2005. Retrieved March 15, 2010.