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Walmart facts for kids

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Wal-Mart Stores, Inc.
Discount department store/Public (NYSEWMT)
Industry Retail
Founded July 2, 1962; 58 years ago (1962-07-02) (in Rogers, Arkansas)
Headquarters
Bentonville, Arkansas
,
Key people
Sam Walton (1918–1992), Founder
H. Lee Scott, CEO
S. Robson Walton, Chairman
Thomas Schoewe, CFO
Products Discount stores, grocery stores, and hypermarkets
Revenue Green Arrow Up Darker.svg$523.964 billion USD (FY 2020)
Green Arrow Up Darker.svg$14.881 billion USD (FY 2020)
Number of employees
1.6 Million (2006)

Walmart (NYSEWMT) is a company founded by Sam Walton in 1962. It is one of the world's largest companies, behind Exxon Mobil. Walmart stores are large department stores that sell many different things. There are more than 8,000 Wal-Mart stores around the world, and over 2 million people work for Walmart.

Places Walmart can be found

WalMart international locations
A diagram of where Walmart can be found around the world. The countries in blue currently have Walmart; the countries in red formerly had Walmart; the countries in grey never had Walmart.
Walmart-supercentre-canada 129858013133613481
A Walmart in Canada

Walmart can be found in a lot of places around the world. It is mostly found around the United States but can also be found in Canada, Mexico, United Kingdom, some Asian countries, some African countries and some South American countries. Walmart has not yet reached Oceania.

Criticism

Walmart is criticized for having a poor record on labor rights, especially regarding anti union activity. It has also been criticized for once promoting made in America for its products but now largely importing the products it sells, from developing nations. Many of these jobs replaced manufacturing jobs in the US. along with the fact that Walmart retail jobs replaced many mom and pop stores in the US. In 2005, movie director Robert Greenwald made a documentary movie called Walmart The High Cost of Low Price that criticized Walmart. After this movie was announced, director Ron Galloway made a film that ended up being released at the same time called Why Walmart Works and Why That Drives Some People CRAZY. This movie had a positive view of Walmart.


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