Walmart Inc. has evolved from just being a traditional brick-and-mortar retailer into an omnichannel player. In this regard, acquisitions of Bonobos, Moosejaw and Parcel; partnership with Shopify and Goldman Sachs; delivery programs like Walmart + and Express Delivery; and investment in online e-commerce platform Flipkart are noteworthy. These position the company to keep pace with the changing retail ecosystem and stay firm in the presence of rivals like Amazon and Target. Markedly, Walmart’s product offerings include almost everything from grocery to cosmetics, electronics to stationery, home furnishings to health and wellness products, and apparel to entertainment products, to name a few.
This Bentonville-based retailer operates variety stores, discount stores, supercenters, Sam’s Clubs and Neighborhood Markets, along with the websites – walmart.com and samsclub.com. The company offers merchandise under its private-label store brands, which comprises of Equate, Faded Glory, George, Great Value, Holiday Time, Mainstays, and others. The company also markets merchandise under licensed brands, such as, Better Homes & Gardens, General Electric and more.
The company operates as Walmart in the United States (its largest segment), including the 50 states, Washington D.C. and Puerto Rico. Apart from United States, Walmart has operations in Canada, Chile, China, India, Mexico, Africa and Central America. The company operates in Mexico as Walmex and in India as Best Price. As of May 18, 2023, Walmart operated more than 10,500 stores across 20 countries, alongside its e-commerce sites.
Walmart recently completed the divestiture of its businesses in Argentina, U.K. and Japan. The company conducts its businesses under three segments, and generated revenues of $572.8 billion in fiscal 2022.
Walmart U.S. (68.8% of fiscal 2023 revenues) operates retail stores in different formats in the U.S. and also in Puerto Rico.
Walmart International (16.5%) consists of retail operations outside the United States.
Sam’s Club (13.8%) comprises membership warehouse clubs in the United States and in Puerto Rico.