Wal-Mart Stores, Inc., doing business as Walmart is an American multinational retail corporation that acts as a chain of hypermarkets, discount stores, and grocery stores. With headquarters in Bentonville, Arkansas, company founded in 1962 by Sam Walton and registered on October 31, 1969. On January 31, 2017, Walmart has 11.695 Walmart Ad and clubs in 28 countries, including a total of 63 banners. The company operates under the Walmart name in the United States and Canada. It works like Walmart de Mexico y CENTROAMERICA in Mexico and Central America, as Asda in the UK, as in Japan Seiyu Group, and the best price in India. It has wholly owned operations in Argentina, Brazil and Canada. It also owns and operates Club of retail store to Sam.
Walmart is the largest company in the world by revenue, according to Fortune Global 500 list of 2016, and the largest private employer in the world with 2.3 million employees. This is a family business, as the company controlled by the Walton family. his heirs more than 50 percent of Walmart Sam Walton's through their holding company, Walton Enterprises, and through their individual companies. Walmart is one of the most valuable companies in the world by market value, and is also the largest grocery retailer in the US in 2016, 62.3 percent of $ 478.614 billion sales come its US Walmart US operations.
The company is listed on the New York Stock Exchange in 1972. By 1988, Walmart was the most profitable retailer in the US, and until October 1989, it became the largest in terms of revenue. geographically limited lower Midwest and South in the mid-1980s through 1990, the company's presence stretching from coast to coast-Sam's Club opened in New Jersey in November 1989 and the first outlet opened in Lancaster California in July 1990. A Walmart in York, Pennsylvania opened in October 1990, the main store in the northeast.
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