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Walmart is a multinational retail corporation that operates a chain of hypermarkets, discount department stores, and grocery stores. It was founded by Samuel Moore "Sam" Walton in 1962 with the opening of its first store in Rogers, Arkansas.

The company has since grown to become one of the world's largest retailers, with over 12,000 stores globally and employing more than two million people worldwide. Walmart's business model is based on offering everyday low prices (EDLP) on a wide range of products, including groceries, electronics, clothing, home goods, and more.

In addition to its retail operations, Walmart also offers various services, such as pharmacy services, vision centers, and financial services through its subsidiary, MoneyCenters. The company has made significant investments in e-commerce and digital transformation to enhance the shopping experience for customers.

Walmart's commitment to sustainability is reflected in its efforts to reduce waste, increase energy efficiency, and promote sustainable agriculture practices. The company also operates a charitable foundation that focuses on improving education, economic opportunity, and health care around the world.

Today, Walmart continues to evolve as a retail leader, adapting to changing consumer preferences and market trends while maintaining its core mission of saving people money so they can live better - anytime and anywhere - in retail stores, online, and through their mobile devices.