Walmart
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Overview
(NASDAQ: WMT · $113.08 ▲ 1.6%) Walmart is an omnichannel retailer that sells through physical stores, membership clubs and online channels, and describes itself as people-led and tech-powered. The company traces its origins to its first store in Rogers, Arkansas, opened more than 60 years ago, and its stated mission is helping people save money and live better, a phrase that also serves as the tagline of its online storefront. Its model sits within mass-market general merchandise retail, where large purchasing volume and efficient logistics are typically used to keep everyday prices low.
On its e-commerce site, shoppers can choose between pickup and delivery and browse a wide assortment that spans seasonal decor, home lighting and storage, bedding, apparel such as denim, groceries, automotive accessories and consumer electronics including camera drones. The company also offers Walmart+, a paid membership that includes free next-day and two-day delivery, with a trial period available. Programs of this kind are a common way for large retailers to encourage repeat online ordering and to connect digital shopping with the store network, which complements a supply chain the company says is built for speed and scale.
Walmart employs about 2.1 million associates and serves customers and members in communities across 19 countries. The company emphasises career development, describing clear pathways for associates to learn new skills and advance, whether they are starting a first job or bringing years of experience. It frames its culture around respect, integrity, service and striving for excellence, values that carry particular weight for a large retail employer, where frontline store, club and fulfilment roles typically make up much of the workforce.
Private funding before listing
1 round. Latest: Post-IPO Debt, 15 Apr 2023.
| Date | Type | Amount |
|---|---|---|
| 15 Apr 2023 | Post-IPO Debt | $5B |
Office locations
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