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Walmart Inc. ( / ˈwɔːlmɑːrt / ⓘ; formerly Wal-Mart Stores, Inc.) is an American multinational retail corporation that operates a chain of hypermarkets (also called supercenters), discount department stores, and grocery stores in the United States, headquartered in Bentonville, Arkansas. [10]
By 1995, Walmart had 1,995 discount stores, 239 Supercenters, 433 SAM'S CLUBS and 276 international stores with sales at $93.6 billion (~$171 billion in 2023) (including US sales of $78 billion) and 675,000 associates.
In May 2000, Walmart announced it would spend $4.9 million (~$8.24 million in 2023) to convert the Kansas City Hypermart USA to a Walmart Supercenter. Walmart indicated that it was converting its last remaining Hypermart, because the stores were too big and too inconvenient for customers.
Walmart Supercenter in Secaucus, NJ features features digital touchpoints located throughout the store help share products and offer pickup and delivery for online orders.
On March 21, 2024, Walmart stock reached a record closing high of $61.45 per share. So far this year, its shares are already up 14%, beating the S&P 500's ( ^GSPC) 10% gain.
Marc Lore’s startup Wonder is opening food halls inside Walmart stores, in a sequel to his e-commerce startup’s $3 billion acquisition by Walmart. Jason Del Rey. February 21, 2024 at 1:41 PM ...
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