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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]
Also in 1988, the first Wal-Mart Supercenter was opened in Washington, Missouri. The supercenter concept features everything contained in an average Walmart discount store, in addition to a tire and oil change shop, optical center, one-hour photo processing lab, portrait studio, and numerous alcove shops such as banks, cellular telephone stores ...
The Hypermart USA concept was officially discontinued in 2000, when Walmart announced it was converting the Kansas City Hypermart USA into a Walmart Supercenter. The former Kansas City store, then a Supercenter, ultimately closed in January 2007.
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.
The Walmart located at Crossgates Commons became the largest Walmart in the United States (and the largest outside of China) in 2008, when it expanded into a Walmart Supercenter, now occupying 260,000 square feet (24,000 m 2) over two floors.