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Walmart is a multinational retail corporation that operates as a chain of hypermarkets, discount department stores, and grocery stores. The company was founded by Sam Walton in 1962 and has since grown to become one of the world's largest retailers.

At its core, Walmart aims to provide customers with everyday low prices on a wide range of products, including groceries, electronics, clothing, home goods, and more. This is achieved through efficient supply chain management, logistics, and store operations, which enable the company to keep costs down and pass the savings on to customers.

Walmart's business model has been successful in attracting price-conscious consumers who are looking for value without sacrificing quality or convenience. The company offers a one-stop shopping experience, where customers can find everything they need under one roof. This includes food, household essentials, clothing, electronics, home furnishings, and more.

In addition to its retail operations, Walmart also operates a range of services, including pharmacy services, optical centers, and a grocery pickup service that allows customers to order groceries online and pick them up at the store.

The company's focus on efficiency and cost savings has led to criticism over the years regarding working conditions and employee benefits. However, Walmart has made efforts in recent years to improve its labor practices and increase transparency around its operations.

Today, Walmart remains one of the world's largest retailers, with over 12,000 stores globally.