Company Research Report: Walmart Inc.

Company Overview

Name: Walmart Inc.

Mission: No information is available

Founded: July 2, 1962, by Sam Walton

Key People:

• Doug McMillon, President and Chief Executive Officer

• Brett Biggs, Executive Vice President and Chief Financial Officer

• John Furner, President and CEO of Walmart U.S.

• Judith McKenna, President and CEO of Walmart International

Headquarters: Bentonville, Arkansas, United States

Number of Employees: Approximately 2.3 million associates worldwide

Revenue: $572.8 billion (Fiscal Year 2022)

Known For: Walmart is primarily known for being the largest retailer in the world, operating a chain of hypermarkets, discount department stores, and grocery stores.

Products

Product Categories Offered:

• Groceries: Fresh produce, meat, dairy, canned goods, and snacks.

• Electronics: Televisions, computers, cameras, and mobile phones.

• Home Goods: Furniture, kitchen appliances, and bedding.

• Clothing: Apparel for men, women, and children.

• Health and Wellness: Pharmacy services, vitamins, and supplements.

• Automotive: Tires, batteries, and auto parts.

• Sports and Outdoors: Fitness equipment, bikes, and outdoor gear.

• Toys: Action figures, dolls, and educational toys.

High-level Description of Products:

• Groceries: Wide variety of fresh and packaged food items for daily needs.

• Electronics: Latest technology gadgets and home entertainment systems.

• Home Goods: Essential household items and furnishings.

• Clothing: Affordable and stylish fashion choices for all age groups.

• Health and Wellness: Comprehensive range of products to support health.

• Automotive: Essential automotive parts and accessories.

• Sports and Outdoors: Equipment and gear for sports enthusiasts.

• Toys: Wide selection of educational and recreational toys.

Key Features:

• Groceries: Competitive pricing, extensive selection, organic options.

• Electronics: Price match guarantee, in-store pickup.

• Home Goods: Everyday low prices, quality products.

• Clothing: Seasonal collections, variety of sizes.

• Health and Wellness: On-site pharmacies, wellness services.

• Automotive: Professional auto services, broad assortment.

• Sports and Outdoors: Seasonal promotions, premium brands.

• Toys: Educational toys, age-appropriate selections.

Recent Developments

New Products Launched: No information is available

New Features Added to Existing Products: No information is available

New Partnerships:

• Financial Services: Walmart has entered into a partnership with Ribbit Capital to create a new fintech startup aimed at providing financial services to customers and employees.

• Health Care: Collaboration with UnitedHealth Group announced in 2022 to provide preventive health services at several Walmart Health centers.

Other Developments:

• Sustainability Efforts: Walmart announced plans to achieve zero emissions across its global operations by 2040 and to be a regenerative company by focusing on sustainability in its supply chain.

Expansion Plans:

• E-commerce Focus: Continued investment in online grocery services, including Walmart+, a membership program offering free shipping and other benefits.

• International Growth: Expansion of operations in key international markets, particularly in India through its investment in Flipkart.

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