Walmart facts for kids
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Discount department store/Public (NYSE: WMT) | |
Industry | Retail |
Founded | July 2, 1962Rogers, Arkansas) | (in
Headquarters |
Bentonville, Arkansas
,
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Key people
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Sam Walton (1918–1992), Founder H. Lee Scott, CEO S. Robson Walton, Chairman Thomas Schoewe, CFO |
Products | Discount stores, grocery stores, and hypermarkets |
Revenue | ![]() |
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Number of employees
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1.6 Million (2006) |
Walmart (NYSE: WMT) 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 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.
Images for kids
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Sam Walton's original Walton's Five and Dime Store in Bentonville, Arkansas, now serving as The Walmart Museum
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Solar modules mounted on a Walmart Supercenter in Caguas, Puerto Rico (Store #2449)
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Walmart Supercenter in Grundy, Virginia (Store #3303). This store was built as part of a $200 million revitalization project. The store was built on top of a two-story parking garage, the only one of its kind in the United States.
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A Walmart Supercenter in Windham, Connecticut (Store #2022)
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The exterior of a Walmart Discount Store in Charlotte, North Carolina (Store #1821)
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A Walmart Neighborhood Market in Valdosta, Georgia (Store #6732)
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A Walmart Express branded as a Walmart Neighborhood Market in Alma, Georgia in September 2015 (Store #4229). This location closed in 2016 as part of a plan to close 269 stores globally.
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Walmart Supercentre in Richmond Hill, Ontario, Canada in September 2017
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A Walmart in Hangzhou, China in February 2017
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A Hiper Bompreço in Natal, Brazil in May 2008
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Home office in Bentonville, Arkansas in June 2009
See also
In Spanish: Walmart para niños