Walmart was founded in 1962 on July and is the world’s largest company (by revenue) with US$ 548.743 billion. It has 2.2 million employees and is world’s largest private employer. Walmart is family owned public company and is controlled by the Walton family. It was listed on Stock Exchange in 1972. Walmart was the largest United States grocery retailer in 2019. 65 percent of Walmart’s US$510.329 billion sales came from U.S. operation.
The growth story of Walmart is exemplified and detailed in the below collection of Videos.
Walmart’s Origins – How Walmart began
How Walmart Grew from 1950 to 1990
Walmart Growth from 1990 to 2003
EDLP – Every Day Low Price
Every Day Low Price (EDLP) is the main Strategy of Walmart. Walmart provides a deep assortment of goods to the customers whether they’re shopping online at Walmart.com, or through one of its mobile Apps or shopping in a store. The assortment ranges from grocery and entertainment, household to sporting goods and crafts. Walmart currently operates three primary store formats in the U.S., each custom tailored to its neighbourhood.
Walmart has stores in 50 states and Puerto Rico offering low prices on the broadest assortment of products through a variety of formats including the Supercenter, Discount Store and Neighbourhood Market.
The Story of Walmart’s International Growth
Other Related Videos
Walmart’s company story
The Walmart Business Model
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