|
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 in the United States and 23 other countries. It is headquartered in Bentonville, Arkansas. The company was founded in 1962 by brothers Sam Walton and Bud Walton, James "Bud" Walton in nearby Rogers, Arkansas. 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. Walmart is the List of largest companies by revenue, world's largest company by revenue, according to the Fortune Global 500, ''Fortune'' Global 500 list in October 2022. Walmart is also the List of largest United States–based employers globally, largest private employer in the world, with 2.1 million employees. It is a publicly traded family-owned business (the largest such business in the world), as the company ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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. As of 2022, the company is operational in Canada, Chile, China, India, Mexico, Nigeria, South Africa, the United Kingdom and the United States. Walmart ceased to be operational in Argentina, Brazil and Japan in previous years, as its ventures failed in those countries. Earlier, in 2006, the company lost its stores in Germany and South Korea. Stores 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 o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Doug McMillon
Carl Douglas McMillon (born October 17, 1966) is an American businessman who has been the president and chief executive officer (CEO) of Walmart since 2014. He also sits on the retailer's board of directors. McMillon first joined the company as a summer associate in high school, and 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's 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 into management roles befor ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sam's Club
Sam's West, Inc. (doing business as Sam's Club) is a chain of membership-only warehouse club retail stores in the United States owned by Walmart. It was 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 $90.2 billion in sales, ahead of BJ's Wholesale Club but behind its main rival Costco. , Sam's Club operates 600 membership warehouse clubs in the United States across 44 states and Puerto Rico, with no locations in Alaska, Massachusetts, Oregon, Rhode Island, Washington State, and Vermont. Sam's Club offers car wash services at gas stations in 41 locations. Sam's Club also operates 173 locations in Mexico and 48 locations in China. Grupo Big, formerly Walmart Brazil, which was de-consolidated from Walmart in August 2018 and since then is part of Carrefour Group, also operates 58 Sam's Club locations in Brazil and to operate them pay a fee for the use of the brand. Locations ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bentonville, Arkansas
Bentonville is a city in and the county seat of Benton County, Arkansas, United States. The city is centrally located in the county with Rogers, Arkansas, Rogers adjacent to the east. The city proper had a population of 54,164 at the 2020 United States census, 2020 census, making it the List of cities and towns in Arkansas, ninth-most populous city in Arkansas. It is one of the four main cities in the three-county Northwest Arkansas metropolitan area, with 546,725 residents in 2020. The city is the birthplace and headquarters of Walmart, the world's largest retailer. Bentonville is considered to be one of the fastest-growing cities in the state. History Early history The first known use by humans of the area which is now known as Bentonville, was as hunting grounds by the Osage Nation who lived in Missouri. The Osage would leave their settlements to hunt in present-day Benton County for months at a time before returning to their families. European settlers first inhabited th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sam Walton
Samuel Moore Walton (March 29, 1918 – April 5, 1992) was an American business magnate best known for Co-founding the retailers Walmart and Sam's Club, which he started in Rogers, Arkansas, and Midwest City, Oklahoma, 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 person in the United States. His family has remained the richest family in the U.S. for several consecutive years, with a net worth of around $440.6 billion US as of January 2025. In 1992 at the age of 74, Walton died of blood cancer and was buried at the Bentonville Cemetery in his longtime home of Bentonville, Arkansas. 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 Thoma ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fortune Global 500
The ''Fortune'' Global 500, also known as Global 500, is an annual ranking of the top 500 corporations worldwide as measured by revenue. The list is compiled and published annually by '' Fortune'' magazine. Methodology Until 1989, it listed only non–United States industrial corporations under the title "International 500" while the ''Fortune'' 500 contained and still contains exclusively United States corporations. In 1990, United States companies were added to compile a truly global list of top industrial corporations as ranked by sales. Since 1995, the list has had its current form, listing also top financial corporations and service providers by revenue. Several inconsistencies exist in ''Fortune'' ranking of cities with the most ''Fortune'' 500 headquarters. On June 3, 2011, the '' Atlanta Business Chronicle'' stated examples of ''Fortune'' including regional headquarters for some cities, excluding regional headquarters for other cities and in some cases excluding headq ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hypermarket
A hypermarket 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'' () 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 retailing clothing, electronics and housewares. Its largest competi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Walton Enterprises
Walton Enterprises LLC (WEI) is an American investment holding company based in Bentonville, Arkansas that serves as a family office to manage the wealth of the Walton family, the owners of Walmart. Walton Enterprises is the largest shareholder of Walmart and is also the largest family office in the world. Background In the early 1950s, Sam Walton was building his business by opening retail stores. His father-in-law Leland Robson convinced him that he should organize his own business as a family partnership. In 1953, Walton Enterprises was established. Sam, Helen, and their four children Rob, John, Jim and Alice were all partners of the company per the legal documents. Sam and Helen owned 20% together while each child owned 20% personally. According to Sam, their Walmart stocks went into WEI. Then the family which is its board makes decisions on a consensus basis. The amount paid out to each person is the same and is agreed upon. That way, the family accumulated funds in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Greg Penner
Gregory Boyd Penner (born December 18, 1969) is an American businessman who is the chairman of Walmart and co-owner and CEO of the Denver Broncos of the National Football League (NFL). 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 majored in international economics at Georgetown University before earning an MBA from the Stanford Graduate School of Business in 1997. Career He worked as a financial analyst at Goldman Sachs. Prior to succeeding father-in-law Rob Walton as 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 Madrone Capital ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Walton Family
The Walton family is an American family whose collective fortune derived from Walmart makes them the richest family in the United States, and, as of December 2024, the List of wealthiest families, richest family in the world. Overview The three most prominent living members (Jim Walton, Jim, S. Robson Walton, Rob, and Alice Walton) have consistently been in the top twenty of the Forbes 400, ''Forbes'' 400 list since 2001, as were John T. Walton, John ( 2005) and Helen Walton, 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 Walton, 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 Walton family's wealth is majority held through the inve ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Grocery Store
A grocery store ( AE), grocery shop or grocer's shop ( BE) or simply grocery is a retail store that primarily retails a general range of food products, which may be fresh or packaged. In everyday US 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".) 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 (US), 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 s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rogers, Arkansas
Rogers is a city in Benton County, Arkansas, United States. Located in the Ozarks, it is part of the Northwest Arkansas region, one of the fastest growing metro areas in the country. Rogers was the location of the first Walmart store, whose corporate headquarters is located in neighboring Bentonville. Daisy Outdoor Products, known for its air rifles, has both its headquarters and its Airgun Museum in Rogers. The city houses a popular shopping center, the Pinnacle Hills Promenade, and a music venue, the Walmart AMP, that has housed performances by big-name artists and local performers. As of the 2020 US Census, the city had a population of 69,908. In 2022, the estimated population was 72,999 making it the sixth-most populous city in the state. Northwest Arkansas is the 98th biggest metropolitan area by population in the United States, with 576,403 inhabitants as of the 2022 U.S. Census Estimate. History Rogers was named after Captain Charles W. Rogers, who was vice-presiden ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
