Walmart is one of the largest and most recognized retail chains in the world, known for offering a wide variety of products at affordable prices. Founded in 1962 by Sam Walton in Bentonville, Arkansas, Walmart has grown to operate thousands of stores globally, including both physical locations and a robust online presence. The company offers everything from groceries, clothing, and electronics to home goods, pharmaceuticals, and automotive products.
Walmart’s business model focuses on providing customers with convenience and value, often employing a "Everyday Low Price" strategy to ensure competitive pricing. The company serves millions of customers each week, catering to individuals and families seeking a broad selection of goods under one roof. Walmart’s online platform further enhances its accessibility, allowing customers to shop from home, with options for delivery, curbside pickup, and in-store collection.
In addition to retail, Walmart has diversified into various other sectors, including financial services, healthcare, and technology. The company is known for its efforts in sustainability, aiming to reduce waste, improve energy efficiency, and support renewable energy initiatives.
Despite facing competition from other major retailers and e-commerce giants like Amazon, Walmart remains a dominant force in global retail, continuing to adapt to changing consumer needs and trends.