What You Should to Know about Walmart stores. Walmart stores engaged in retail and wholesale business. This retail store operates in the following business segments: Walmart U.S., Walmart International, and Sam’s Club.
# 236 Walmart
- Market Capitalization: $246.2 billion
- Ticker: WMT $96.94 $-1.42 (-1.44%)
- Industry: Discount Stores
- Established: 1962
- Country: United States
- Chief Executive Officer: C. McMillon
- Employee: 2,300,000
- Sales: $500.3 billion
- Headquarters: Bentonville, Arkansas
Walmart U.S. segment includes retail stores and digital retail operations in the U.S. It also offers financial services and related products such as money orders, prepaid cards, wire transfers, withdrawal checks, and bill payments.
The Walmart International segment is categorized into retail, wholesale and other formats outside the US. These categories include supermarkets, supermarkets, hypermarkets, club sheds, Sam Club, cash and carrying, home repairs, special electronics, clothing stores, drug stores, convenience stores, and digital.
The Sam’s Club segment consists of membership-specific warehouse clubs and samsclubs com. It offers specialized services, automatic purchases, pharmaceuticals, optics, hearing aid centers, tire and battery centers, and business operations support services.
The company was founded by Samuel Moore Walton and James Lawrence Walton on July 2, 1962 and headquartered in Bentonville, AR.
Get to know the Walmart Supercenter
Walmart Supercenters, also known as “Walmart”, is a large hypermarket with variations in sizes ranging from 69,000 to 260,000 square feet (6,400 to 24,200 square meters), but on average around 178,000 square feet (16,500 square meters).
This stock of merchandise and full-service supermarkets, including baked goods, meat and poultry, food stores, dairy products, frozen food, garden produce, and fresh seafood.
Many of Walmart Supercenters have pet shops, garden centers, Tire & Lube Express, pharmacies, portrait studios, optical centers, one hour photo processing laboratories, and many niche stores, such as cellphone shops, hair and nail salons, store video rentals, local bank branches (such as Woodforest National Bank branches in newer locations), and fast food outlets.
At most Walmart Supercenters there is a McDonald’s restaurant. But since 2007, Walmart has stopped opening McDonald’s restaurants in most of their new stores, most likely due to nutritional problems.
Most of the locations opened after the announcement of having Subway as their restaurant, and some McDonald’s inside the shop were replaced with Subways.
In some Canadian locations, Tim Hortons was opened. Walmart added Burger King on several Supercentres, such as in Tallahase, Florida. And in Glen Burnie, Maryland, because his past as a hypermarket named Leedmark, which operated from May 1991 to January 1994, offered Anne Bibi and an Italian restaurant.
Some locations also have fueling stations that sell gasoline distributed by Murphy USA (which was separated from Murphy Oil in 2013), Sunoco, Inc. (“Optima”), Tesoro Corporation (“Mirastar”), US Gasoline, and even now Walmart – branded gas stations.
The first supercenter was opened in Washington, Missouri, in 1988. A similar concept, Hypermart USA, was opened a year earlier in Garland, Texas. All Hypermart USA stores are then closed or converted to Supercenter.
As of January 31, 2019, there are 3,570 Walmart Supercenter in 49 of the 50 U.S. states, District of Columbia, and Puerto Rico. Hawaii is the only state that does not have a Supercenter location.
The world’s largest supercenter, covering an area of 260,000 square feet (24,000 square meters) on two floors, is located at the Crossgates Commons in Albany, New York.