An American
Multinational Retail Corporation, Wal-Mart that has long chain of inexpensive
stores and stockrooms. This company was first established and incorporated in 1969
by Sam Walton. In short, it is one of largest grocery retailer based in United
States. In 1972, this company publicly traded on New York Stock Exchange as
well. According to 2014 Fortune Global 500 list, Wal-Mart stores are world’s
biggest public corporation and one of most popular company all over the world.
There are almost two million employees working in Wal-Mart stores. The
headquarters of the company is in Bentonville, Arkansas. In 2009, company also
developed 51% of its US$258 billion sales in the Grocery Business in United
States. The company also owned Sam’s retail stockrooms in North America.
According to recent WMT stock news, there are
more than 11,000 Wal-Mart stores in different parts of the world with different
names. This company is operating its store under the name of Wal-Mart in United
States including 50 other states. It also has stores in Japan, United Kingdom,
India, Brazil, Mexico, Argentina, North America, China, South America, Germany,
Korea and Canada. In 2013, this company also expanded net sales by 5% to $466.1
billion and returned $13 billion to shareholders via payments. It has been also
reported in the annual meeting. However, talking about current WMT stock price than it lies at $78.82
with the minor change of -0.38 in the market.
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