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Walmart
Walmart Inc. (; formerly Wal-Mart Stores, Inc.) is an American multinational retail corporation that operates a chain of hypermarkets (also called supercenters), discount department stores, and grocery stores from the United States, headquartered in Bentonville, Arkansas. The company was founded by Sam Walton in nearby Rogers, Arkansas in 1962 and incorporated under Delaware General Corporation Law on October 31, 1969. It also owns and operates Sam's Club retail warehouses. Walmart has 10,586 stores and clubs in 24 countries, operating under 46 different names. The company operates under the name Walmart in the United States and Canada, as Walmart de México y Centroamérica in Mexico and Central America, and as Flipkart Wholesale in India. It has wholly owned operations in Chile, Canada, and South Africa. Since August 2018, Walmart held only a minority stake in Walmart Brasil, which was renamed Grupo Big in August 2019, with 20 percent of the company's shares, and p ...
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List Of Assets Owned By Walmart
Walmart Inc. is the largest retailer in the world and one of the five largest corporations in the world by sales. Stores 10,586 total units as of October 31, 2022, including 4,720 Walmart U.S. stores, 5,266 Walmart International stores and 600 Sam's Clubs Acquisitions *PACE Membership Warehouse (converted 91 to Sam's Club ) *Woolco Canada (converted to Walmart) *Asda (acquired in 1999, later sold to EG Group in 2021. Walmart retains an equity investment in Asda and a seat on the board) *McLane Company (acquired in 1993, later sold to Berkshire Hathaway in 2003) *Wertkauf hypermarkets (Germany) *Interspar hypermarkets (74 locations in Germany) * Bompreco (Brazil) *Walmart.com (started as a joint-venture, it has since been fully acquired and is a wholly owned subsidiary of Walmart) *Sonae Distribuição Brasil (Brazilian operations) - now WMS Supermercados do Brasil. *Seiyu Group - Walmart acquired a 6.1% stake in Seiyu beginning in May 2002. A majority interest (53%) was acquir ...
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Walmart De México Y Centroamérica
Walmart de México y Centroamérica, also known as Walmex, is the Mexican and Central American Walmart division. Walmart de México y Centroamérica is the Walmart's largest division outside the U.S. as of October 31, 2022, consists of 2,804 stores around the country, including 300 Walmart Supercenter stores and 167 Sam's Club stores. It has been traded in the Mexican Stock Exchange since 1977 (as Cifra). Walmart de México y Centroamérica is the biggest retailer in Latin America. As of October 31, 2022, Walmart operated 2,804 retail outlets in Mexico, under the Walmart Supercenter, Sam's Club, Bodega Aurrerá, Mi Bodega Aurrera, Walmart Express, and Bodega Aurrerá Express banners. As of 2012, the company was Mexico's largest private sector employer with 209,000 employees. Approximately one-fifth of Walmart stores in the world are in Mexico. It competes with Soriana, La Comer, Chedraui, H-E-B, Casa Ley, S-Mart and Calimax. Walmex's restaurant division, Vips, was acquired by t ...
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Doug McMillon
Carl Douglas McMillon (born October 17, 1966) is an American businessman, and the president and chief executive officer (CEO) of Walmart Inc. He sits on the retailer's board of directors. Having first joined the company as a summer associate in high school, he became the company's fifth CEO in 2014. He previously led the company's Sam's Club division, from 2005 to 2009, and Walmart International, from 2009 to 2013. Early life McMillon was born in Memphis, Tennessee, and grew up in Jonesboro, Arkansas, the eldest of three children born to Laura and Morris McMillon, a dentist who served in Vietnam. His parents moved the family to Bentonville, Arkansas, the home of Walmart headquarters, when McMillon was 16. A sports enthusiast, McMillon played point guard on the Bentonville High School basketball team. Career McMillon has worked for Walmart throughout his career. He took on his first role with the company as a teenager in 1984. He later became a buyer, then moved in ...
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Sam's Club
Sam's West, Inc. (doing business as Sam's Club) is an American chain of membership-only retail warehouse clubs owned and operated by Walmart Inc., founded in 1983 and named after Walmart founder Sam Walton as Sam’s Wholesale Club. , Sam's Club ranks second in sales volume among warehouse clubs with $57.839 billion in sales (in fiscal year 2019) behind rival Costco Wholesale. , Sam's Club operates 600 membership warehouse clubs in the United States in 44 states, Puerto Rico and the U.S Virgin Islands. The only states where Sam's Club does not operate are Alaska (all three locations in that state closed in 2018 as part of a plan to close 63 clubs), Massachusetts (its last remaining location in that state, located in Worcester, closed in 2018 as part of a plan to close 63 clubs), Oregon, Rhode Island (the state's only location, in Warwick, closed in 2016 as part of a plan to close 269 stores globally, including four U.S. clubs), Vermont, and Washington (all three locations in ...
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Flipkart
Flipkart Private Limited is an Indian e-commerce company, headquartered in Bengaluru, and incorporated in Singapore as a private limited company. The company initially focused on online book sales before expanding into other product categories such as consumer electronics, fashion, home essentials, groceries, and lifestyle products. The service competes primarily with Amazon's Indian subsidiary and domestic rival Snapdeal. As of March 2017, Flipkart held a 39.5% market share of India's e-commerce industry. Flipkart has a dominant position in the apparel segment, bolstered by its acquisition of Myntra, and was described as being "neck and neck" with Amazon in the sale of electronics and mobile phones. Flipkart also owns PhonePe, a mobile payments service based on the UPI. In August 2018, American retail chain Walmart acquired a 77% controlling stake in Flipkart for US$16 billion, valuing Flipkart at around US$20 billion. Flipkart is valued at $37.6 billion as of 2022. It is pl ...
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Bentonville, Arkansas
Bentonville is the List of cities and towns in Arkansas, tenth-largest city in Arkansas, United States and the county seat of Benton County, Arkansas, Benton County. The city is centrally located in the county with Rogers, Arkansas, Rogers adjacent to the east. The city is the birthplace of and world headquarters location of Walmart, the world's largest retailer. It is one of the four main cities in the three-county Fayetteville-Springdale-Rogers Metropolitan Area, Northwest Arkansas Metropolitan Statistical Area, which is ranked 105th in terms of population in the United States with 546,725 residents in 2020, according to the United States Census Bureau. The city itself had a population of 54,164 at the 2020 United States census, 2020 Census, an increase of 53% from the 2010 United States Census, 2010 Census. Bentonville is considered to be one of the fastest growing cities in the state and consistently ranks amongst the safest cities in Arkansas. History Early history The ar ...
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Sam Walton
Samuel Moore Walton (March 29, 1918 – April 5, 1992) was an American business magnate best known for founding the retailers Walmart and Sam's Club, which he started in 1962 and 1983 respectively. Wal-Mart Stores Inc. grew to be the world's largest corporation by revenue as well as the biggest private employer in the world. For a period of time, Walton was the richest man in America. Walton family, His family has remained the richest family in the U.S. for several consecutive years, with a net worth of around US$240.6 billion as of January 2022. Early life Samuel Moore Walton was born to Thomas Gibson Walton and Nancy Lee, in Kingfisher, Oklahoma. He lived there with his parents on their farm until 1923. However, farming did not provide enough money to raise a family, and Thomas Walton went into farm mortgaging. He worked for his brother's Walton Mortgage Company, which was an agent for Metropolitan Life Insurance, where he foreclosure, foreclosed on farms during the Great Dep ...
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Hypermarket
A hypermarket (sometimes called a hyperstore, supercentre or superstore) is a big-box store combining a supermarket and a department store. The result is an expansive retail facility carrying a wide range of products under one roof, including full grocery lines and general merchandise. In theory, hypermarkets allow customers to satisfy all their routine shopping needs in one trip. The term ''hypermarket'' (french: hypermarché) was coined in 1968 by French trade expert Jacques Pictet. Hypermarkets, like other big-box stores, typically have business models focusing on high-volume, low-margin sales. Typically covering an area of , they generally have more than 200,000 different brands of merchandise available at any one time. Because of their large footprints, many hypermarkets choose suburban or out-of-town locations that are easily accessible by automobile. History Canada Loblaws established its Real Canadian Superstore chain in 1979. It sells mainly groceries, while also re ...
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Greg Penner
Gregory Boyd Penner (born December 18, 1969) is an American businessman and venture capitalist. Penner is a co-owner and CEO of the Denver Broncos. Penner was named the chairman of Walmart in June 2015. He is the son-in-law of S. Robson Walton and the grandson-in-law of Sam Walton, the founder of Walmart. Early life Penner is the son of Clifford and Joyce Penner, sex therapists based in Pasadena, California. They have published sex-advice books from a Christian perspective. He earned a degree from Georgetown University, where he majored in international economics, and an MBA from the Stanford Graduate School of Business in 1997. Career He worked as a financial analyst at Goldman Sachs. Prior to being named Walmart chairman, Penner held a variety of roles at Walmart. He started as a store employee and eventually became the CFO of Walmart Japan. He was appointed to the Walmart board of directors in 2008 and was named vice-chairman in 2014. Penner is the founder of Madr ...
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Walton Family
The Walton family is an American family whose collective fortune derived from Walmart makes them the richest family in the United States of America. Overview The three most prominent living members (Jim, Rob, and Alice Walton) have consistently been in the top twenty of the ''Forbes'' 400 list since 2001, as were John ( 2005) and Helen (d. 2007) prior to their deaths. Christy Walton took her husband John's place in the ranking after his death. The majority of the family's wealth derives from the heritage of Bud and Sam Walton, who were the co-founders of Walmart. Walmart is the world's largest retailer, one of the world's largest business enterprises in terms of annual revenue, and, with just over 2.2 million employees, the world's largest private employer. , the Waltons collectively owned 50.8 percent of Walmart. In 2018, the family sold some of their company's stock and now owns just under 50%. In January 19, the Walton family's net worth was around US$240.6 billion. ...
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Ria Money Transfer
Ria Money Transfer is a subsidiary of Euronet Worldwide, Inc., which specializes in money remittances. Ria initiates transfers through a network of agents and company-owned stores located throughout North America, Latin America, Europe, Asia-Pacific, Africa, and online. Ria is one of the big four remittance companies. History The company opened its first store in 1987. Ria has since grown to become the third largest money transfer service in the world. In 2006, Ria was acquired by Euronet Worldwide, Inc., becoming part of its money transfer segment together with XE. Ria began working with post offices in 2010 and on July 31, 2014, partnered with Postbank, which is owned by the Kenyan Government. This allowed customers to send money through any of the bank's 99 branches, or receive it directly into their accounts. In 2014, the company launched ''Walmart-2-Walmart Powered by Ria'', a Walmart money transfer service within the US. The service allows customers to transfer money t ...
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Grocery Store
A grocery store ( AE), grocery shop ( BE) or simply grocery is a store that primarily retails a general range of food products, which may be fresh or packaged. In everyday U.S. usage, however, "grocery store" is a synonym for supermarket, and is not used to refer to other types of stores that sell groceries. In the UK, shops that sell food are distinguished as grocers or grocery shops (though in everyday use, people usually use either the term "supermarket" or a "corner shop" or "convenience shop"). Larger types of stores that sell groceries, such as supermarkets and hypermarkets, usually stock significant amounts of non-food products, such as clothing and household items. Small grocery stores that sell mainly fruit and vegetables are known as greengrocers (Britain) or produce markets (U.S.), and small grocery stores that predominantly sell prepared food, such as candy and snacks, are known as convenience shops or delicatessens. Definition The definition of "grocery st ...
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