Wal-Mart Stores, Inc. is an American multinational retail corporation that runs chains of large discount department stores and warehouse stores. Wal-Mart is the largest retailer in the world as every week nearly 260 million customers visit its over 11,500 stores located in 28 countries, and e-commerce sites located in 11 countries.
The company has claimed the no.1 spot on the Fortune Global 500 list for back-to-back years. Wal-Mart is also the largest private employer in the world with over 2 million employees worldwide – 1.4 million in the U.S. alone. It is also the largest grocery retailer in the U.S.
Wal-Mart was founded in 1962 and is currently headquartered in Bentonville, Arkansas.
- Industry: Big Box
- Holding Company: Wal-Mart Stores, Inc.
- Lease Structure: NNN
- S&P Bond Rating: AA
- Moody’s Bond Rating: Aa2
- Website: http://www.walmart.com/