The above graph represents Walmart retail unit counts by segment, starting from fiscal 1996 to fiscal 2020. Walmart “Unit Count” includes retail stores, Supercenters, Discount Stores, Wholesale clubs, and others. As of fiscal 2020, ended January 31, 2020, Walmart has a total of 11,503 retail stores, globally. Of that, Walmart U.S. retail unit count at the end of FY’20 was 4,756, while Walmart’s international retail unit count was 6,148 stores, which increased from 5,993 in fiscal 2019. Sam’s Club operates 599 membership warehouse clubs in 44 U.S. states and Puerto Rico.
|Source||Walmart Annual Reports, SEC Filings|
|Note||Walmart financial year starts from February 1st|
Note: Unit counts related to discontinued operations have been removed from all relevant periods.
About Walmart Inc.
Walmart Inc. (NYSE: WMT) (formerly Wal-Mart Stores, Inc.) is an American multinational retail corporation, headquartered in Bentonville, Arkansas. The company was founded in 1962, by Sam M. Walton and opened the first Walmart Discount City store in Rogers, Arkansas. Within just five years, it expanded to 24 stores in the city.
On October 31, 1969, the company was officially incorporated as Wal-Mart Stores, Inc. and within a year, on October 1, 1970, it became a publicly-traded company. The first stock was sold at $16.50 per share.
In 1983, Walmart opened its first Sam’s Club, while in 1988, the company opened its first Supercenter and first Walmart Neighborhood Market.
It was the year 1997 when Walmart celebrated its first $100 billion annual sales.
In 2000, Walmart launched its first e-commerce website – walmart.com. Since then, the company’s e-commerce presence has been growing phenomenally. In August 2018, Walmart acquired Flipkart for $16 billion – the largest acquisition Walmart made in the last 10 years.
Walmart remains the No. 1 company on 2019 Fortune 500 list for the seven years in a row.
On February 1, 2018, the legal name of the company became Walmart Inc., changing from Wal-Mart Stores, Inc.
As of the end of fiscal 2019, Walmart Inc. and its subsidiaries combined employed more than 2.2 million employees (“associates”), globally. Out of that, about 1.5 million associates are from the U.S. and rest nearly 0.7 million associates internationally.
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