Walmart

Walmart Inc. is the world’s largest retailer by revenue, listed on the New York Stock Exchange under WMT and headquartered in Bentonville, Arkansas. The Walton family retains controlling ownership through a cumulative stake of approximately 46%, with Rob Walton, Jim Walton, and Alice Walton among the primary family shareholders. John Furner serves as President and CEO following his appointment announced in November 2025, succeeding Doug McMillon who had led the company since 2014.

Sam Walton founded the company in 1962 in Rogers, Arkansas as the first Walmart Discount City, expanding from that single store into the dominant US discount retailer through the 1970s and 1980s and the largest retailer globally by the 2000s. The 1988 introduction of the Walmart Supercenter format combining general merchandise with full-service grocery in 100,000-to-200,000-square-foot footprints became the defining growth platform. Walmart reported total revenue of approximately $681 billion in fiscal year 2025 (ended January 31, 2025), up 5.1% year-over-year, with Walmart US contributing approximately $462 billion and international and Sam’s Club segments contributing the remainder. The Walmart Connect retail media network, Walmart+ membership program, supply chain automation investment, and continued e-commerce integration represent the principal strategic priorities under the current leadership. International operations include Walmex in Mexico (the largest international market by store count), substantial operations in Canada, Central America, Chile, China, and India through the Flipkart e-commerce platform acquired in 2018. Walmart has no current Russian market presence.

Walmart operates more than 10,750 stores globally across 19 countries under various banners, with the largest single-country concentration in the United States at approximately 4,600 Walmart and Sam’s Club locations combined. The typical Walmart Supercenter occupies approximately 180,000 square feet, with the Walmart Discount Store format at approximately 105,000 square feet and the Neighborhood Market grocery format at approximately 42,000 square feet. For mall operators, Walmart is rarely an in-mall tenant by design, operating as a primary anchor for power centers, retail parks, and freestanding pad sites where the Supercenter format’s substantial footprint and parking requirements drive format selection. In select properties, Walmart occupies adjacent-pad positioning that supports broader retail cluster traffic without integration into the traditional inline mall format.