Walmart was founded by Sam Walton in 1962 and is headquartered in Bentonville, Arkansas.
Walton opened the first Walmart store in Rogers, Arkansas, on July 2, 1962. The business expanded by emphasizing low prices, efficient distribution, and stores located outside many traditional downtown shopping districts.
The company was incorporated as Wal-Mart Stores, Inc. in 1969 and changed its corporate name to Walmart Inc. in 2018. It operates supermarkets, department stores, warehouse clubs, and e-commerce businesses in multiple countries.
Walmart is often described simply as a retailer, but its operations also include logistics, advertising, financial services, and membership businesses. Its enormous sales base and global footprint have helped make it one of the world’s largest companies by market capitalization and revenue.