Walmart employed 371,000 associates in 1,928 stores and clubs.ġ993– Walmart celebrated its first $1 billion sales week.ġ994– Walmart expanded into Canada with the purchase of 122 Woolco stores.ġ996– Walmart opened its first stores in China.ġ997– The company celebrates its first $100 billion sales year.Ģ007– launches its Site to Store service, enabling customers to make a purchase online and pick up merchandise in stores.Ģ010– Bharti Walmart, a joint venture, opens its first store in India.Ģ011– Walmart expands its business into South Africa by acquiring 51% of Massmart Holdings Limited. Walmart replaces cash registers with computerized point-of-sale systems, enabling fast and accurate checkout.ġ988– First Walmart Super center was opened in Washington.ġ991– Via JV with Cifra, A Mexican Retail company, Walmart went Global.ġ992– Sam Walton articulated company’s mission of saving people money so they can live better. The first stock was sold for $16.50 Per Share.ġ971– The first distribution center and Home Office open in Bentonville, Arkansas.ġ979– The Walmart Foundation is established.ġ980– Walmart reached annual $1 billion sales with 276 stores.ġ983– The first Sam’s Club opens in Midwest City, Oklahoma.
On July 2, 1962– Sam Walton opens the first Walmart store in Rogers, Arkansas.ġ967– The Walton family owns 24 stores, ringing up $12.7 million in sales.ġ967– The Walton family owned 24 stores, ringing up $12.7M in sales.ġ969– The company officially incorporated as Wal Mart Stores Inc.ġ970– Walmart became publicly traded Company. The journey of Walmart so far has been as following:
It’s all part of unwavering commitment to creating opportunities and bringing value to customers and communities around the world.
Walmart continues to be a leader in sustainability, corporate philanthropy and employment opportunity. In the decade of 1990, it has established itself as the regional power. Walmart was listed on the New York Stock Exchange in 1972. The company is controlled by the Walton family. It is the largest private employer in the world with 2.2 million employees.
In the fiscal year 2020, Walmart recorded a revenue of $524 billion, world’s biggest retailer. As of April 30, 2020, Walmart has 11,484 stores and clubs in 27 countries. The company was founded by Sam Walton in 1962. was formerly known as Wal-Mart Stores, Inc. Walmart is an American Multinational Retail Corporation which operates a chain of Hypermarkets, Department stores, Grocery stores etc.
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