Walmart is a multinational retail corporation that operates as a chain of hypermarkets, discount department stores, and grocery stores. Founded by Samuel Moore "Sam" Walton in 1962, Walmart has grown from a single store in Rogers, Arkansas to one of the world's largest retailers with over 12,000 stores globally.
The store offers a wide range of products, including clothing, electronics, home goods, toys, furniture, and groceries. They also provide services such as pharmacy, optical center, and photo processing. Walmart is known for its everyday low prices (EDLP) pricing strategy, which aims to maintain lower prices on items compared to competitors.
Walmart has a strong focus on private-label brands, including Great Value and Ol' Roy, which account for a significant portion of their sales. The company also offers various store services like pharmacy services, where customers can fill prescriptions and health-related products, and the optical center where customers can get eye exams and buy glasses or contact lenses.
In addition to in-store shopping, Walmart provides online shopping with options for curbside pickup and home delivery. This allows customers to browse and purchase items from the comfort of their own homes, making it a convenient option for those who prefer online shopping.
Walmart has a significant impact on local communities, providing jobs and economic growth.