Walmart Inc. 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. As of April 30, 2019, Walmart has 11,368 stores and clubs in 27countries, operating under 55 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. It has wholly owned operations in Argentina, Chile, Canada, and South Africa. Since August 2018, Walmart only holds a minority stake in Walmart Brasil, with 20-percent of the company's shares, and private equity firm Advent International holding 80-percent ownership of the company.
A British supermarket is blaming bad weather for disappointing sales of summer products. Sainsbury's suffered a 3.1% drop in sales of general merchandise. "The weather was very unhelpful" and resulted..
Walmart recently raised the minimum age required to purchase tobacco products, including e-cigarettes, from 18 years old to 21 years old. Business Insider reports the company will also be discontinuing..
Amazon Prime day is approaching. For two days Amazon will have incredible deals for Prime members. Geek.com reports that some retailers will challenge Amazon with sales of their own. Target, eBay, and..
Recent testing completed by the Center for Environmental Health (CEH) found "high levels" of arsenic in bottled water brands owned by Whole Foods and Keurig Dr Pepper. Exposure to the contaminant has..
Huff Post reports the Center for Environmental Health has found high levels of arsenic in two bottled water brands sold at major grocery stores. In a press release on Tuesday, the California nonprofit..
Walmart has agreed to pay more than $282 million to settle bribery allegations. These were brought by the US Securities and Exchange Commission and the US Department of Justice. The SEC charged Walmart..
Geek.com reports that Walmart is taking online grocery delivery one step further. In the fall, over a million customers in Vero Beach, Florida, Pittsburgh, Pennsylvania, and Kansas City, Missouri can..