Walmart Inc.was founded by American retail legend Mr. Sam Walton in Arkansas in 1962. After 60 years of development, Walmart now operates approximately 10,500 stores under 46 banners in 24 countries and eCommerce websites, and employs 2.3 million associates around the world. Walmart has topped the Fortune 500 list several times.
Walmart Inc. helps people around the world save money and live better – anytime and anywhere – in retail stores, online, and through their mobile devices. Walmart continues to be a leader in sustainability, corporate philanthropy and employment opportunity.
Since the first Walmart store opened in 1962 in Rogers, Arkansas, Walmart has been dedicated to making a difference in the lives of our customers. Our business is the result of Sam Walton's visionary leadership, along with generations of associates focused on helping customers and communities save money and live better. This rich heritage defines who we are and what we do today.
As an omnichannel retailer, we changed the company’s legal name from Wal-Mart Stores, Inc. to Walmart Inc. on Feb. 1, 2018. The name change demonstrates our determination to serve customers however they want to shop: whether in stores, online, on their mobile device, or through pickup and delivery.
Walmart China opened the first Walmart Hypermarket and Sam’s Club in Shenzhen in 1996. Since then, we have grown to operating hundreds of stores and multiple distribution centers in over 100 cities nationwide.
Today, we operate a number of formats and banners in China including Walmart Hypermarket and Sam’s Club.
The company is committed to diversity, cultivating local talent, and women leadership. 99.9% of Walmart China associates are Chinese nationals. 66% of our associates are women, and 53% of managers (at the Supervisor level and above) are women. The company has numerous initiatives to support and accelerate career development for women. Walmart is committed to the Chinese market and has recently announced plans to grow its omnichannel business, upgrade existing stores, increase investment in food safety, and continue strengthening partnerships with local suppliers.