Walmart is a multinational retail corporation that operates a chain of hypermarkets, discount department stores, and grocery stores. The company was founded by Samuel Moore "Sam" Walton in 1962. It has grown to become one of the world's largest retailers, with over 12,000 stores globally.
The store offers a wide range of products, including groceries, electronics, clothing, home goods, and more. Its business model is based on offering everyday low prices (EDLP) to customers, making it an attractive option for budget-conscious shoppers.
Walmart has been criticized for its impact on small businesses and local communities due to its large size and aggressive pricing strategy. However, the company has also invested heavily in sustainability initiatives, such as reducing greenhouse gas emissions and implementing recycling programs.
In addition to its retail operations, Walmart operates a number of subsidiaries, including Jet.com, an e-commerce platform, and Sam's Club, a membership-based warehouse club. The company has also expanded into various services, including pharmacy, optical, and tire centers.
Overall, Walmart is a large and complex retailer that offers a wide range of products at discounted prices to customers around the world.