Walmart is the world’s largest retailer by revenue and is listed on the New York Stock Exchange.
Walmart was founded by Sam Walton, who opened the first Walmart store in Rogers, Arkansas, in 1962. The company expanded through a low-price strategy, large stores, efficient distribution, and a broad national and international footprint.
Its scale gives Walmart enormous revenue, but revenue and market capitalization measure different things. Revenue is the money generated by sales; market capitalization is the market value of outstanding shares. A company can lead one ranking without leading the other.
Walmart operates supermarkets, hypermarkets, discount department stores, and e-commerce services. Its stock trades under the symbol WMT, and the company is headquartered in Bentonville, Arkansas.