Founded in 1962 and headquartered in Bentonville, Arkansas, United States, the company has burgeoned into a retail giant with a presence in numerous countries across the globe. Despite the sale of Asda in the United Kingdom in 2020 and the divestiture of Seiyu in Japan in 2021, the company continues to maintain a significant international footprint. The business operates under three primary segments: Walmart U.S., Walmart International, and Sam's Club. Each of these segments caters to a distinct market and collectively forms an expansive reach into various retail categories.
The brand portfolio boasts a range of private labels that have become synonymous with value and quality. Notably, Great Value and Sam's Choice are household names within their respective markets, offering consumers a variety of food and beverage products. Equate provides a selection of health and personal care items, while Mainstays is well-regarded in the home goods space. Within the apparel sector, George offers fashionable clothing options, and Parent's Choice is a go-to brand for baby products. The Better Homes & Gardens brand encompasses a lifestyle range resonating with home enthusiasts, and Marketside fulfills the demand for fresh and ready-to-eat meals.
Although the United States remains the core market where the majority of its products and services are sold, the company's international operations span across pivotal regions. Among the countries where its international business operates are Mexico, Canada, China, India, Chile, and South Africa, engaging with diverse consumer bases and adapting to a variety of local market conditions through its majority stake in Massmart Holdings Limited in South Africa and other subsidiaries worldwide. (Powered by AI)