WALMART Meaning and
Definition
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Walmart is a multinational retail corporation that operates chain stores worldwide. Founded by Sam Walton in 1962, Walmart has emerged as one of the largest companies in the world in terms of revenue and market capitalization. It is primarily engaged in the sale of a wide range of consumer goods, including groceries, apparel, household items, electronics, furniture, and more.
With a business model focused on offering low prices, Walmart has become known for its discount stores and supercenters, which are typically characterized by their expansive size and vast product assortment. Walmart stores can be found in various locations, ranging from urban centers to small towns, making it accessible to a diverse customer base.
In addition to its physical stores, Walmart has also established a strong online presence, offering customers the convenience of shopping from home or on the go through its website and mobile app. The company has invested heavily in e-commerce to compete with popular online marketplaces.
Walmart prides itself on its commitment to delivering value, convenience, and a wide selection of products to its customers. The company has a strong emphasis on efficiency and supply chain management, ensuring that goods are delivered and stocked efficiently and cost-effectively. Walmart's brand has become synonymous with affordability and accessibility in the retail industry, making it a household name worldwide.
Common Misspellings for WALMART
Etymology of WALMART
The word "Walmart" is a combination of the last name of the company's founder, Sam Walton, and the word "mart", which is short for "market". Sam Walton opened the first Walmart store in 1962, and the company later adopted his name to represent the chain of discount retail stores.
