Wal-Mart Stores Net Worth is$208.4 B
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deserves the money?
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Would you date ?
Rating: 1.0/5 (2 votes cast)
Type: Public
Traded As: WMT, S&P 500
Foundation: 1962
Slogan: Save Money. Live Better.
Founder: Sam Walton
Location: Bentonville, Arkansas, U.S., 36/21/51/N/094/12/59/W/type:landmark region:US-AR
Locations: 8,970 (2011)
Area Served: Worldwide
Key People: S. Robson Walton (Chairman), Mike Duke (President & CEO)
Industry: Retailing
Products: Apparel/footwear specialty, cash and carry (wholesale)/warehouse club, discount department store, discount store, hypermarket/supercenter/superstore, supermarket
Revenue: {{Increase US$ 446.950 1000000000 (number) (2012) Operating Income: 026.558 billion (2012) Net Income: 015.699 billion (2012) Assets: equity
Num Employees: 2.2 million (2012) Owner: Walton family
Divisions: Walmart Canada
Subsid: Asda, Sam's Club, Seiyu Group, Walmex
Homepage: http://www.walmartstores.com/default.aspx/Wal-Mart Stores.com, http://www.walmart.com//Walmart.com
Wal-Mart Stores, Inc. (NYSE: WMT), branded as Walmart, is an American multinational retailer corporation that runs chains of large discount department stores and warehouse stores. The company is the world's third largest public corporation, according to the Fortune Global 500 list in 2012. It is also the biggest private employer in the world with over two million employees, and is the largest retailer in the world. Walmart remains a family-owned business, as the company is controlled by the Walton family who own a 48 percent stake in Walmart. It is also one of the world's most valuable companies.
The company was founded by Sam Walton in 1962, incorporated on October 31, 1969, and publicly traded on the New York Stock Exchange in 1972. It is headquartered in Bentonville, Arkansas. Walmart is also the largest grocery retailer in the United States. In 2009, it generated 51 percent of its US$258 billion sales in the U.S. from grocery business. It also owns and operates the Sam's Club retail warehouses in North America.
Walmart has 8,500 stores in 15 countries, under 55 different names. The company operates under the Walmart name in the United States, including the 50 states and Puerto Rico. It operates in Mexico as Walmex, in the United Kingdom as Asda, in Japan as Seiyu, and in India as Best Price. It has wholly owned operations in Argentina, Brazil, and Canada. Walmart's investments outside North America have had mixed results: its operations in the United Kingdom, South America and China are highly successful, whereas ventures in Germany and South Korea were unsuccessful.
Sam Walton, a businessman from Arkansas, began his retail career when he started work on June 3, 1940, at a J. C. Penney store in Des Moines, Iowa where he remained for 18 months. In 1945, he met Butler Brothers, a regional retailer that owned a chain of variety stores called Ben Franklin and that offered him one in Newport, Arkansas.
Walton was extremely successful in running the store

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Wal-Mart Stores Latest News

Search underway for man who fired gun at Walmart store in The Woodlands

THE WOODLANDS, Texas — The Montgomery County Sheriff’s Office is looking for a man who fired a gunshot at a Walmart store in The Woodlands early Wednesday. At about 2:41 a.m. calls came into 911 from ...
Posted: October 17, 2019, 8:02 am

Suspect wore Walmart uniform to walk out of store with stolen items, police say

Surveillance photos show a woman wearing a blue Walmart vest and name tag as she leaves the store with a full cart. The suspect is not a Walmart employee, police said. Police said the woman took ...
Posted: October 18, 2019, 2:11 pm

Walmart has been quietly closing stores — here's the full list

Walmart is closing or has closed stores in 14 states, including Louisiana, Arizona, California, Virginia, South Carolina, and Tennessee.
Posted: October 18, 2019, 10:50 am
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