0_Wizard
I currently work at Walmart as a shelf stocker! It is an interesting business. Walmart also operates the Sam's Club business.
It also owns and operates Sam's Club retail warehouses.
chosen_Walmart_0
Walmart
chosen_topic_0_Walmart
Walmart
Wal-Mart Stores, Inc., doing business as Walmart, is an American multinational retail corporation that operates a chain of hypermarkets, discount department stores, and grocery stores. Headquartered in Bentonville, Arkansas, the company was founded by Sam Walton in 1962 and incorporated on October 31, 1969. It also owns and operates Sam's Club retail warehouses. Walmart has 11,703 stores and clubs in 28countries, operating under 59 differentnames. The company operates under the name Walmart in the United States and Canada, as Walmart de México y Centroamérica in Mexico and Central America, as Asda in the United Kingdom, as the Seiyu Group in Japan, and as Best Price in India.
Criticism of Walmart
Walmart has been criticized by groups and individuals, including labor unions and small-town advocates protesting against Walmart policies and business practices and their effects. Criticisms include charges of racial and gender discrimination, foreign product sourcing, treatment of product suppliers, environmental practices, the use of public subsidies, and the company's security policies. Walmart denies any wrongdoing and says that low prices are the result of efficiency. In 2005, labor unions created new organizations and websites to criticize the company, including Wake Up Wal-Mart (United Food and Commercial Workers) and Walmart Watch (Service Employees International Union).
Walmart Canada
Walmart Canada Corp. is the Canadian division of Walmart which is headquartered in Mississauga, Ontario. It was founded on March 17, 1994 with the purchase of the Woolco Canada chain from the F. W. Woolworth Company. Originally consisting of discount stores, Walmart Canada's contemporaries include Hart Stores, and Giant Tiger. It also competes in many areas with Home Hardware, Canadian Tire and Dollarama. Walmart Canada's six Sam's Club stores (2006-2009, only in Ontario) competed with warehouse club Costco and hypermarket Real Canadian Superstore. Based on the success of the US format, Walmart Canada has focused on expanding Supercentres from new or converted locations, offering groceries which puts them in the same market as supermarket chains such as Loblaws, Real Canadian Superstore, Metro, Sobeys, Thrifty Foods, Safeway, Save-On-Foods, Country Grocer, Fairway Markets, Quality Foods, Co-op and others.
History of Walmart
This article covers the history of Walmart, the large international discount retail chain. In 1950, Sam Walton purchased a store from Luther E. Harrison in Bentonville, Arkansas, and opened Walton's 5 & 10. Thus, the Ozark Mountain town of 2,900 residents would become the headquarters for the world's largest retailer. At some point Sam Walton made the decision to achieve higher sales volumes by keeping sales prices lower than his competitors by reducing his profit margin. Inspired by the successes of other discount department store chains, Walton opened the second store in Harrison, Arkansas that year.
Sam's Club
Sam's West, Inc. (doing business as Sam's Club) is an American chain of membership-only retail warehouse clubs owned and operated by Walmart, founded in 1983 and named after Walmart founder Sam Walton. , Sam's Club chain serves 47 million U.S. (including Puerto Rico) members and is the 8th largest U.S. retailer. , Sam's Club ranks second in sales volume among warehouse clubs with $56.828 billion in sales (in fiscal year 2016) behind Costco. Sam's Club had sales of $57.157 billion in FY 2014. It reported a 0.3% sales increase in 2014, 4.1% in 2013, and 8.4% sales increase in 2012. This is significantly higher growth than Walmart U.S. stores, which have not had higher than 2% growth since 2010.
Asda
Asda Stores Ltd. trading as Asda, is a British supermarket retailer, headquartered in Leeds, West Yorkshire. The company was founded in 1965 when the supermarket owning Asquith family merged with the Associated Dairies company of Yorkshire. It expanded in to the south of England during the 1970s and 1980s, and acquired Allied Carpets, 61 large Gateway Supermarkets and other businesses, such as MFI, then during the 1990s, sold off its acquisitions to concentrate on the supermarkets. It became a subsidiary of the American retail corporate giant Walmart after a £6.7 billion takeover in July 1999, and was the second-largest supermarket chain in Britain between 2003 and 2014 by market share, and is currently third behind Tesco and Sainsbury's.
Walmart de México y Centroamérica
Walmart's Mexico division, the largest outside the U.S. as of October 31, 2017, consists of 2,317 stores around the country, including 262 Walmart Supercenters stores and 161 Sam's Club stores. It has been traded in the Mexican Stock Exchange since 1977 (as Cifra). Wal-Mart de México y Centroamérica is the biggest retailer in Latin America. The company was founded in 1952 as Cifra by Jerónimo Arango. In 1991, Cifra and Wal-Mart Stores, Inc. signed a joint venture agreement. This agreement allowed cooperation between the two companies and the opening of Walmart stores and Sam's Clubs in Mexico. In 1997, Walmart increased its stake by acquiring 51% of Cifra.