Walmart Inc.
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Explore Walmart
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Walmart Inc.
Compare market positioning with top industry peers
Explore Walmart
Core profile pages, annual revenue records, and related research hubs for this company.
Company History
Founded 1962 in Bentonville, Arkansas
Sam Walton opened the first Walmart Discount City in Rogers, Arkansas in 1962 after learning discount retail through Ben Franklin variety stores. The operating idea was simple but relentless: use lower costs, faster turns, and disciplined logistics to give customers lower prices.
Sam Walton opens the first Walmart Discount City in Rogers, Arkansas.
Walmart completes its IPO, giving the company capital for expansion.
Walmart launches the membership warehouse format.
Walmart combines grocery and general merchandise in the supercenter format.
Walmart acquires a major stake in Flipkart, expanding its India digital-commerce exposure.
John Furner succeeds Doug McMillon as Walmart President and CEO effective February 1, 2026.
Walmart reports FY2026 total revenues of $713.163B and about 2.1M associates worldwide.
Walmart acquired Jet.com for $3.3 billion primarily to recruit ecommerce operators and technology talent, including Jet founder Marc Lore, who went on to run Walmart's US ecommerce business.
Walmart paid about $16 billion for roughly 77% of Flipkart, India's leading ecommerce marketplace, to gain a foothold in one of the world's largest and fastest-growing digital-commerce markets outside the US store model.
Walmart acquired smart-TV maker VIZIO for $2.3 billion to expand Walmart Connect into connected-TV advertising and retail-media measurement.
Since its establishment in 1962, Walmart Inc. expanded from an early-stage venture into a recognized leader in Retail, Ecommerce, Grocery, and Marketplace, overcoming key market challenges.
Over its history, Walmart Inc. executed decisive strategic pivots toward scalable monetization and digital distribution, securing its current market leadership.
By continually modernizing operations and embracing workflow automation, Walmart Inc. maintains resilience through changing technological and economic cycles.