If you need something, there’s a pretty good chance they have it at Walmart.

    From its dime store beginnings, the company has grown to the massive international corporation it is today. With its mission statement to “save people money so they can live better,” Walmart has a seemingly ubiquitous presence in towns across America.

    Whether you’re looking for a job, an investment or just a place to shop, here are five things to know about Walmart:

    Size

    It’s no secret that Walmart is a big company. Walmart describes itself as thelargest retailer in the world.” The company says it employs 2.2 million people, including 1.5 million in the U.S. It’s the largest employer in the Fortune 500.

    In the U.S., Walmart had a total of 5,362 stores as of April 30. Most of those stores are itsSupercenters,” but the company also has a line of discount stores, neighborhood markets, small-format shops, Sam’s Club locations and even eight convenience stores.

    Walmart has an all-American reputation, but the majority of its stores are actually located outside the U.S. under a variety of brand names. Some 5,993 of the companys 11,348 total retail locations fall under its Walmart International branch, which operates in 27 countries.

    The company says it serves more than 260 million customers each week.

    Finances

    Walmart is a public company. It’s listed on the New York Stock Exchange as WMT.

    Ticker Security Last Change Change % WMT WALMART INC. 125.64 -4.94 -3.78%

    For the fiscal year that ended on Jan. 31, 2019, Walmart reported a total of $514.4 billion in revenue. In 2019, the companys leadership is expecting net sales growth of about 3 percent.

    Last quarter, the company said its revenue was $130.4 billion, which amounted to a 1.8 percent increase.

    Walmart has been working to grow its ecommerce business. The company reported 37 percent growth last quarter, thanks in part to strong growth in its online grocery sales.

    FILE PHOTO: A Walmart employee helps a customer navigate a flyer at the store in Broomfield, Colorado November 28, 2014. REUTERS/Rick Wilking/File Photo (Reuters)

    Leadership

    Walmarts president and CEO is Doug McMillon. He has a long history with the company, having worked a summer job at a Walmart distribution center in 1984. McMillon rejoined the company as an assistant manager at a store in Oklahoma and served in various positions with Walmart. Before becoming CEO, he came up through the ranks of the companys executive leadership, working at different times as the head of Walmart International and Sam’s Club.

    A 12-member board of directors also provides corporate governance. Its members include executives from McDonald’s, NBCUniversal, Morgan Stanley and other major businesses.

    WASHINGTON, DC - DECEMBER 06: Doug McMillon, president and CEO of Walmart Inc. Corporation, participates in a Business Roundtable discussion on the"Future of Work in an Era of Automation and Artificial Intelligence", during a CEO Innovation Summit, o

    History

    Sam Walton opened the first Walmart store in 1962 in Rogers, Arkansas. Its headquarters remain in nearby Bentonville today.

    The company grew quickly and went public in 1970. Its stock originally sold for $16.50 per share — it goes for a lot more than that today.

    Walmart continued to grow and reached $1 billion in annual sales for the first time in 1980. The company had more than 200 stores and 21,000 employees by then.

    The company opened its first Sam’s Club in 1983 and its first Walmart Supercenter in 1988.

    In 1993, Walmart had more than 1,900 stores and celebrated its first $1 billion sales week. The company kept growing, making $100 billion in sales in 1997 and $400 billion in sales in 2009.

    MOUNT PROSPECT, IL - AUGUST 15: A worker collects shopping carts outside a Wal-Mart store August 15, 2006 in Mount Prospect, Illinois. Wal-Mart profits fell 26 percent for the quarter, the first time the mega-retail giant posted a decline in profits

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    Hot issues

    Walmart continues to adapt to the changing retail environment. It has reportedly been experimenting with “automated associates” to help shoppers.

    In September, the company announced plans to roll out an unlimited grocery delivery subscription service. For $98 per year, customers in more than half the U.S. can get unlimited same-day delivery when ordering from Walmart.

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    Walmart has also seen its share of controversies. After shootings at two of its stores over the summer, the company faced criticism over gun sales. Walmart responded by discontinuing the sale of handguns and certain ammunition.

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    Is Walmart the world's largest company?
    Walmart is the world's largest company by revenue, according to the 67th edition of the Fortune 500. The retail giant owns and operates more than 10,500 markets, discount department stores, and grocery stores in 24 countries. more
    Which is world's largest airport?
    the King Fahd International Airport In terms of overall size, the King Fahd International Airport in Dammam, Saudi Arabia is the world's biggest airport by an overwhelming margin. Taking up nearly 300 square miles, this former United States airbase very nearly matches the area of all five boroughs of New York City put together (302.6 mi2). more
    Who is the world largest army?
    China China has the largest army in the world in terms of the number of actively employed soldiers. more
    Who owns world's largest yacht?
    The 590-foot Azzam is considered the longest yacht in the world and is reportedly owned by the royal family of Abu Dhabi. Built in 2013, this Larsson yacht made yachting history for not only its size, but its ability to reach top speeds of more than 30 knots. more
    Which country has the world's largest diamond cutting industry in the world?
    Synopsis. India is the world's largest cutting and polishing centre of rough diamonds, and it is said that 14 out of every 15 rough diamonds in the world are polished here. more
    Who has world's largest military?
    China Who Has the Largest Military? Country Active Military Total Military Vietnam 482,000 5,482,000 South Korea 599,000 3,699,000 China 2,185,000 3,355,000 Russia 1,014,000 3,014,000 more
    Which is world's largest kitchen?
    Ananda bajara is an open market, located to the North-east of the Singhadwara (major entrance) inside the temple complex. Every day food for over 5000-10000 is cooked where in special occasions food for over 10 million people is cooked in rosaghara. more
    What's the largest Walmart in the world?
    The largest walmart in the world happens to be in China. Walmart's biggest store type in China is the Sam's Club, which averages about 230,000 square feet — quite a bit bigger than the 187,000-square-foot U.S. Supercenter. more
    Which is the largest world?
    The largest countries by area more
    Which is world's largest dam?
    Three Gorges Dam, China is the world's largest hydroelectric facility. Accroding to Wikimedia, the Three Gorges Dam is a hydroelectric gravity dam that spans the Yangtze River by the town of Sandouping, in Yiling District, Yichang, Hubei province, China. more
    Where is the largest Walmart in the world?
    The largest Supercenter in the world, covering 260,000 square feet (24,000 square meters) on two floors, is located in Crossgates Commons in Albany, New York. more

    Source: www.foxbusiness.com

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