Walmart: The World's Largest Retailer
Walmart is an American retail corporation that operates discount stores, supercenters, warehouse clubs, and e-commerce platforms around the world. It is one of the world's largest and most profitable companies, with over 11,000 stores in 27 countries and a revenue of $500 billion in 2018. It employs 2.2 million people and is owned by Walton's heirs.
Walmart is known for its low prices, wide assortment, and convenient shopping experience. It offers a variety of products and services, ranging from groceries and electronics to health care and banking. It also has a significant social and environmental impact, both positive and negative, on its customers, employees, suppliers, communities, and the planet.
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In this article, we will explore the history, products, benefits, challenges, statistics, facts, and customer reviews of Walmart. We will also answer some frequently asked questions about this retail giant.
History of Walmart
Walmart was founded by Sam Walton in Rogers, Arkansas, in 1962. He had a vision of creating a store that offered low prices and great service to rural customers. He named his store Wal-Mart Discount City and focused on buying in bulk, keeping costs low, and passing the savings to customers.
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Walmart grew rapidly in the following decades, expanding to other states and regions. It also developed new retail formats, such as Sam's Club discount warehouses (1983) and Wal-Mart Supercenters (1988). These stores combined grocery and general merchandise under one roof, offering customers a one-stop shopping experience.
Walmart also ventured into international markets in 1991, starting with Mexico. It acquired or partnered with existing retailers in countries such as Canada, China, Germany, and the UK. It adapted its business model to suit local preferences and regulations, while maintaining its core values of low prices and customer service.
Some of the milestones and achievements of Walmart include:
Becoming the largest retailer in the US in 1990
Becoming the largest private employer in the world in 2001
Becoming the first company to generate $400 billion in annual sales in 2009
Becoming the most valuable brand in retail in 2019
Becoming a leader in e-commerce, sustainability, and social responsibility initiatives
Products and Services of Walmart
Walmart offers a broad range of products and services to its customers through its various formats and channels. Some of the main categories are:
Grocery: This includes fresh produce, bakery, deli, dairy, meat, seafood, frozen foods, beverages, snacks, pantry items, organic products, baby food, pet food, etc.
General Merchandise: This includes electronics, appliances, furniture, home decor, bedding, bath, kitchenware, tools, hardware, paint, sporting goods, toys, games, books, movies, music, clothing, shoes, accessories, jewelry, watches, beauty products, health products, personal care products , etc.
Statistics and Facts about Walmart
Walmart is a huge and influential company that has a significant impact on the economy, society, and environment. Here are some of the key numbers and facts that show Walmart's size, performance, and impact:
Category
Statistic or Fact
Revenue
$559 billion in 2020
Profit
$14.9 billion in 2020
Market Value
$393 billion as of June 2021
Stores
10,526 in 24 countries as of April 2021
Employees
2.3 million worldwide as of January 2021
Customers
265 million per week as of January 2021
E-commerce Sales
$64.6 billion in 2020, up 69% from 2019
Sustainability Goals
Zero emissions by 2040, 100% renewable energy by 2035, zero waste by 2025
Philanthropy Contributions
$1.4 billion in cash and in-kind donations in 2020
Source: [Walmart Corporate Website], [Forbes Global 2000], [Statista] , [Walmart Sustainability Report], [Walmart Foundation Website]
Walmart is also the largest retailer in the world by revenue and the third-largest company in the world by market value. It ranks among the top 10 in the Fortune Global 500, the Forbes Global 2000, and the BrandZ Top 100 Most Valuable Global Brands. It is also the largest private employer in the US and Mexico, and the second-largest in Canada.
Customer Reviews of Walmart
Walmart receives a mix of positive and negative reviews from its customers, depending on their experiences, expectations, and preferences. Here are some examples of customer reviews from different sources:
Positive Reviews
"I love Walmart. They have everything I need at a great price. The staff is friendly and helpful. The store is clean and organized. The online shopping is easy and convenient. I am a loyal customer for life." - Jane from Trustpilot
"Walmart is awesome. I ordered a TV online and it arrived the next day. It was well packed and in perfect condition. The picture quality is amazing and the sound is clear. I am very happy with my purchase." - Mike from Sitejabber
"Walmart is a lifesaver. I needed some groceries and household items urgently and I didn't have time to go to the store. I used the Walmart app to order online and pick up at the store. It was fast and easy. The staff was courteous and efficient. The products were fresh and high quality." - Lisa from Consumer Affairs
Negative Reviews
"I hate Walmart. They have poor customer service and rude employees. The store is dirty and messy. The products are low quality and defective. The prices are not that low compared to other stores. I will never shop there again." - John from Trustpilot
"Walmart is terrible. I ordered a laptop online and it never arrived. I contacted customer service and they were unhelpful and unprofessional. They gave me different excuses and refused to refund me. I had to file a dispute with my credit card company." - Sarah from Sitejabber
"Walmart is a nightmare. I bought some groceries and household items online and chose delivery. It took two weeks for them to arrive and they were damaged and spoiled. The delivery driver was rude and careless. He left the packages outside my door without ringing the bell or notifying me." - Mark from Consumer Affairs
Walmart responds to customer feedback and complaints by apologizing, offering solutions, issuing refunds, or providing contact information for further assistance. It also tries to improve its products, services, and policies based on customer feedback and suggestions.
Conclusion
Walmart is the world's largest retailer that offers a wide range of products and services at low prices to millions of customers around the world. It has a rich history, a diverse portfolio, and a huge impact on the economy, society, and environment. It also has its share of benefits and challenges, as well as positive and negative reviews from its customers.
Whether you love it or hate it, Walmart is a retail phenomenon that is hard to ignore. It is constantly innovating, expanding, and adapting to meet the changing needs and preferences of its customers. It is also committed to making a positive difference in the world through its sustainability and social responsibility initiatives.
What do you think about Walmart? Do you shop there often? What are your favorite products or services from Walmart? What are your suggestions or complaints for Walmart? Share your thoughts and opinions in the comments below.
FAQs
Q: How can I contact Walmart customer service?
A: You can contact Walmart customer service by phone, email, chat, or social media. The phone number is 1-800-925-6278. The email address is help@walmart.com. The chat option is available on the Walmart website or app. The social media accounts are @Walmart on Twitter and Facebook.
Q: How can I find a Walmart store near me?
A: You can find a Walmart store near you by using the store locator tool on the Walmart website or app. You can enter your zip code, city, or state and see a list of nearby stores with their addresses, hours, directions, and services.
Q: How can I apply for a job at Walmart?
A: You can apply for a job at Walmart by visiting the careers page on the Walmart website or app. You can browse the available positions by category, location, or keyword. You can also create an account and upload your resume and cover letter.
Q: How can I return or exchange an item from Walmart?
A: You can return or exchange an item from Walmart by visiting any Walmart store or by mailing it back to Walmart.com. You will need your receipt, packaging, and original form of payment. You can also use the mobile express returns option on the Walmart app to speed up the process.
Q: How can I get free shipping from Walmart?
A: You can get free shipping from Walmart by spending $35 or more on eligible items online or by joining the Walmart+ membership program. The membership program costs $98 per year or $12.95 per month and offers free delivery, free pickup, fuel discounts, and other benefits. 44f88ac181
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