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WalMart Corporate Office AddressWal-Mart Stores Inc.
Bentonville, Arkansas 72716
Contact WalMartPhone Number: (479) 273-4000
Fax Number: (479) 277-1830
Email: Email WalMart
FactsFounder: Sam Walton
Date Founded: July 2, 1962
Founding Location: Rogers, AR
Number of Employees: 2300000
ExecutivesCEO: C. Douglas McMillon
CFO: M Brett Biggs
COO: Rollin Lee Ford
Wal-Mart Stores Inc., usually just called WalMart, was founded by Sam Walton in 1962. Walton opened a WalMart Discount City store in Rogers, Arkansas.
By 1967, the chain had 24 locations across Arkansas. In 1968, stores were opened in Missouri and Oklahoma.
In 1970, the Walmart corporate office and distribution center was opened in Bentonville, AR. The company also went public the same year.
There were 1200 Walmart stores by the company’s 25th anniversary in 1987.
In 1988, Sam Walton stepped down as CEO and was replaced by David Glass. In 2000, H. Lee Scott took over as President and CEO.
By 2005, there were 6200 stores worldwide.
Walmart currently operates nearly 12,000 stores under 55 different names in 15 countries and is the largest retailer in the world.
Annual revenue for the 2015-2016 year was $482.13 billion and has more than 1.4 million employees in the US alone, with an estimated 2.3 million employees worldwide. Walmart U.S. is the company’s largest division, making up 62.3 percent of all sales.
In early 2016, the company announced that it would close 269 locations, most of them in the US. Most of the the closures occur where there is another Walmart location within 10 miles. At the same time, the company announced it had plans to open 60 Supercenters, 95 Neighborhood Markets, 10 new Sam’s Club stores, and approximately 240 international locations in 2017.
The company acquired Jet.Com, an eCommerce site, in August of 2016 for $3.3 billion.