What Companies Does Walmart Own?

Walmart is one of the world’s biggest retail giants while the company is publicly traded meaning anyone can buy shares. However, the Walton family is the majority shareholder.

Walmart owns a lot of companies including retail stores, pharmacies, gas stations, and more. This article covers details of different brands and companies owned by Walmart and other details.

Who Owns Walmart?

The Walton Family owns Walmart by holding more than 50% of Walmart’s stock.

Walmart is known as one of the largest retailers in the world. It was founded back in 1962 by Sam Walton.

It started as a single store in Arkansas but quickly grew into the mega-corporation we know today.

In its early days, Walmart stood out for its innovative practices, such as using computers to track inventory and offering employees profit-sharing plans.

Today, Walmart has over 11,000 stores worldwide and continues to be a major player in the world of retail.

What Companies Does Walmart Own?

Companies owned by Walmart are listed and explained below:

1. Supermarkets

Walmart owns many different supermarkets across the world. Its most successful supermarket brands include Walmart Supercenters, Neighborhood Markets, Sam’s Club, ASDA in the UK, and Bodega Aurrera in Mexico.

2. Discount Stores

Discount stores owned by Walmart are mostly located in the United States and include Walmart Express, Murphy USA, and Walmex in Mexico. Other discount store brands owned by Walmart include Todo Dia (Brazil), Hiper Bompreço (Brazil), and Seiyu (Japan).

3. Department Stores

Department stores owned by Walmart are mostly found outside of the United States and include Wertkauf (Germany), Tiendas Extra (Mexico), and Makro (Brazil).

4. Pharmacies

Walmart owns many pharmacies around the world, most notably those in Canada, Mexico, and the United States.

Other countries that have a presence for Walmart Pharmacy include Brazil, China, Germany, India, and Japan.

5. Gas Stations

Walmart owns gas stations across multiple U.S. states as well as in Brazil, Canada, and Mexico. The brand of a gas station owned by Walmart is known as Murphy USA.

6. Financial Services

Walmart Financial Services LLC. provides customers with access to check cashing services, money transfers, and other financial products such as prepaid credit cards and debit cards.

7. Retail Websites

To keep up with the changing retail landscape, Walmart owns several retail websites, including Walmart.com in the United States and ASDA Direct in the UK.

Other retail websites owned by Walmart are Walmart Grocery (U.S.), SamsClub.com (U.S.), Seiyu Net (Japan), and Walmart eCommerce Mexico (Mexico).

When Was Walmart Founded?

Walmart was founded in 1962 by Sam Walton with its first store in Rogers, Arkansas.

Today, as one of the largest retail companies in the world, Walmart has an enormous influence on global markets.

Walmart has over 11,000 stores across 27 countries, it’s safe to say that Walmart has become a staple of modern retail.

Who is the CEO of Walmart?

The current CEO of Walmart is Doug McMillon, a man who has been with the company for over three decades.

McMillon got his start as an hourly associate in a Walmart distribution center and worked his way up through the ranks.

Now, 30 years later, he holds one of the most powerful positions in the retail industry and oversees a company with over 2.2 million employees.

Despite his impressive career trajectory, McMillan remains grounded and committed to the values that have made Walmart a household name.

What is the Net Worth of Walmart?

Walmart’s net worth is a staggering $426 billion as of August 2023 making it one of the most valuable companies on the planet.

The company’s success can be attributed to its commitment to providing affordable products to customers, and it continues to dominate the retail space, with no signs of slowing down anytime soon.

Despite facing many challenges over the years, Walmart has continued to thrive and grow, solidifying its place as a true retail powerhouse.

Where is the Headquarters of Walmart?

Walmart has its headquarters in Bentonville, Arkansas.

This small city in the southern United States may not be a household name, but it’s the hub of Walmart’s operations.

Here you’ll find the company’s main offices, as well as a sprawling campus that includes a museum dedicated to Walmart’s history, a fitness center, and even a childcare facility for employees.

Despite its global reach, Walmart remains deeply rooted in its Arkansas heritage, and Bentonville is a key part of that legacy.

What is the Annual Revenue of Walmart?

Walmart’s annual revenue in April 2023 for the last 12 months was $611.28 billion.

Walmart has an extensive network of stores and a strong online presence. It has been able to carve out a dominant position in the market.

It is fair to say that Walmart’s revenue is a testament to the quality of its products, services, and overall shopping experience.

How Many Employees Does Walmart Have?

Walmart now has over 2.2 million employees worldwide making it the largest private employer in the world.

With companies such as Asda and Sam’s Clubs under its umbrella, Walmart certainly paints a picture of success and continued growth for years to come.

The subsidiaries of Walmart are proving to play a critical role in the company’s mission to provide quality goods and services for reasonable prices on a global scale.

Its commitment to sustainability has helped drive costs down while furthering dedication to our environment.

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