Walmart Headquartered in Bentonville, Arkansas. The company was founded by Sam Walton in 1962 and incorporated on October 31, 1969. As of January 31, 2017, Walmart has 11,695 stores and club in 28 countries.
Walmart is the world’s largest company by revenue, as well as the largest private employer in the world with 2.3 million employees. It is a family-owned business, as the company is controlled by the Walton family. Sam Walton’s heirs own over 50 percent of Walmart through their holding company. Walmart is also one of the world’s most valuable companies by market value and is also the largest grocery retailer in the US.