Wal-Mart Stores

Wal-Mart Stores Information

Wal-Mart Stores, Inc.
Type Public (NYSE: WMT)
Dow Jones Industrial Average Component
Industry Retailing
Founded October 31, 1962
Founder(s) Sam Walton
Headquarters Bentonville, Arkansas, U.S.
Area served Worldwide
Key people Mike Duke (CEO)
H. Lee Scott (Chairman of the Executive Committee of the Board)
S. Robson Walton (Chairman)
Divisions Walmart Canada
Subsidiaries Walmex, Asda, Sam's Club,Seiyu Group
Website walmartstores.com
Ticker Symbol New York: WMT
SIC Codes 5311
Sector Retail

Wal-Mart Stores Contact

702 S.W. 8th Street
Bentonville, Arkansas 72716
United States
North America

Wal-Mart Stores Profile

Walmart is the giant of all the departmental stores. The multinational departmental store is spread all across the world providing groceries at discount to more than 200 million customers a week. It has the largest chain of departmental stores in the world. In 2010, it has entered the Forbes Global 2000 list as the most revenue earning public corporation. It was founded in 1962 in Arkansas. Bentonville is the hometown of Walmart which stands even today. In a decade time it has spread itself over 11 states and provided 276 stores.

The idea of coming up with a strategy of selling day to day necessities at a discount rate was the brain child Sam Walton. His motive was to sell goods at less than normal rate and help people save money and live a better life. Over the period of time it has imbibed many other policies like sustainability, integrity, respect to the customers and health and hygiene. Another major belief of the management of the company is that no one is an employee. Every person recruited by the management of the company is addressed as associates. It set international standards in the year 1991, when Walmart was first opened in Mexico City.

Financial Growth

In the fiscal year of 2008, Walmart has managed revenue of $404 billion whereas the net income of the company was $13.8billion. The profit margin of the company has been on the rise ever since it has started. It has competed with competitors from all across the world and rose above all of them.

Walmart Trivia: The name ‘Wal-Mart’ was given by Sam Walton’s assistant Bob Bogle.

Wal-Mart Stores Phone Numbers

Tel: +1 479 273 4000  

Fax: +1 479 273 4053  

Wal-Mart Stores Board of Directors

Aida M Alvarez, Director  Allen I. Questrom, Director
James W Breyer, Director H Lee Scott Jr, Director
M Michelle Burns, Director Arne M Sorenson, Director
James I Cash Jr, Director Jim C Walton, Director
Roger C Corbett, Director S Robson Walton, Director
Douglas N Daft, Director Christopher J Williams, Director
Michael T Duke, Director Linda S Wolf, Director
Gregory B. Penner, Director