Sam Walton founded Walmart in 1962, and the company has constantly expanded.
Walmart started with just one store, and now the company is a household name with over 10,000 stores worldwide.
That’s not all, though. I’ve compiled several Walmart statistics and facts to give insight into the company’s past, present, and future.
Walmart is one of the most popular retail stores in the US.
Walmart stores focus on serving shoppers’ everyday items by providing a wide range of merchandise at low prices.
There are 5,342 Walmart stores in the United States alone. Texas has 601 Walmart stores, while Florida and California have 386 and 321, respectively.
Walmart has over 10,000 stores worldwide and 364 distribution centers in 24 countries.
The company closed its United Kingdom and Japanese operations in the first quarter of 2022, resulting in fewer outlets.
The company launched a Walmart store in Mumbai, India, in 2016, creating growth in Asia and other regions.
However, most of Walmart’s profits come from its US retail operations.
Walmart has thousands of locations worldwide, operating three divisions with different goals.
- Walmart US – consists of Walmart Discount Stores, Supercenters, and Neighborhood Markets.
- Walmart International – is responsible for Walmart’s ecommerce and operations and sales outside the US. Walmart International’s ecommerce department handles the company’s online shopping services.
- Sam’s Club – is a membership-based warehouse store offering wholesale prices to members, making it an excellent place to buy bulk items at discounted prices.
Image source: Statista.com
Walmart’s hypermarkets are known as Supercenters. They combine department stores and supermarkets and can be over one hundred thousand square feet.
The first Walmart Supercenter opened in Washington in 1998. The largest Supercenter is in Albany, New York, approximately 260,000 square feet.
Walmart’s ambitious expansion strategy has resulted in multiple Supercenters in 49 states. There are 3,573 Walmart Supercenters in the US as of 2022.
The original concept for the supercenter was to provide Walmart customers with a one-stop shopping experience. Stores have a full-service supermarket and department store with clothes, electronics, and other merchandise.
Some locations have McDonald’s restaurants, Subway sandwich shops, optical centers, and gas stations. Others have a pharmacy and offer photo processing and banking services.
Walmart Supercenters offer the following items:
- Floral and fresh produce department
- Clothing and housewares
- Pet supplies
- Meat, seafood, and poultry
- Bread, cakes, and pastries
- Car tires
The first Walmart Neighborhood Market was the first of its kind. It had an inventory focusing on items that were easier to carry out of the store.
Neighborhood Markets stock various grocery items like produce, meat, dairy products, frozen foods, and more. However, they are about one-fifth the size of a Walmart Supercenter.
Neighborhood Markets offer convenience to customers who don’t want to drive too far to shop and want quick shopping trips.
A Neighborhood Market offers a broader selection of products than a traditional Walmart store. For example, a Walmart Neighborhood Market might stock food from local farms or the ethnic groups of the neighborhood.
Typical Neighborhood Markets have a pharmacy and grocery store, while some stores have gas pumps. Many have delis or bakeries that make fresh sandwiches and pizza.
Regardless of location, neighborhood markets allow shoppers to get the products they need, including pet food, cleaning supplies, toiletries, and laundry detergent.
Walmart.com customers can request the store to deliver their online purchases to a nearby Neighborhood Market location using the site-to-store option.
Customers can pick up their orders at the counter, just like a Walmart Supercenter, which is a huge time-saving benefit for customers.
Neighborhood Markets have the same brands and prices as Walmart’s larger stores. Walmart uses low pricing to attract customers and keep them returning.
Walmart discount stores carry a variety of general merchandise but limited groceries. However, some renovated and new discount department stores have included a range of grocery items. Walmart’s original concept was to provide everything you need at a discount.
The Walmart discount stores are the biggest in numbers compared to neighborhood stores or supercentres.
Walmart is the largest discount store chain in the United States, operating over 360 discount stores in the US. Texas has the majority of discount stores in the United States.
Discount stores are a type of retail store that sells goods at low prices for bulk buyers. Some discount stores sell merchandise, such as clothing, household items, electronics, jewelry, and furniture.
Walmart opened the first Sam’s club in 1983.
Sam’s Club is a membership warehouse store with 598 locations across the US.
Sam’s Club merchants conduct product research for their members instead of stocking every product from every brand. They stock the relevant items and buy them in bulk, passing those savings to members.
Houston has the highest number of Sam’s Club stores in the US.
Here are some products you can find at Sam’s Club stores.
- Electronics (televisions, computers, smartphones, and more)
- Grocery items (meat, frozen pizza, sauces, and more)
- Designer goods
- And more.
These warehouse-style stores sell bulk items at lower prices and give members perks like free shipping on orders over a certain amount or free two-day shipping.
Image source: Statista.com
Walmart International and Sam’s Club generate revenue worldwide by selling products at retail, wholesale, membership clubs, and Walmart ecommerce sales. Walmart International contributed 18% of net revenues in the fiscal year 2022.
As of 2022, Walmart stores operate in the following locations:
Walmart is one of the largest private-sector employers in the US. The company is always looking for hardworking individuals.
Approximately 75% of the current store management team started as hourly associates.
Walmart diversity statistics indicate minorities comprise 44% of Walmart’s workforce, with 33% in management positions. Walmart also hired more than 265,000 veterans in 2020.
Around 2.3 million associates work at Walmart worldwide, with 1.7 million working in the US.
The company has promoted diversity and inclusion for a long time, making it a terrific place to work for everyone.
Walmart is a major US employer that continues to expand, creating more jobs.
Walmart’s global success is due to its ability to adapt to large-scale retailing. The company continues to dominate the industry with the help of millions of Walmart employees and customers.
Walmart continues to place women on the frontline.
In 2011, the company launched the Women’s Economic Empowerment initiative to help increase and leverage women’s economic stability.
Walmart is committed to training about one million women in the workforce.
The company believes its initiative can increase the self-esteem and productivity of women.
According to a 2022 report, 45% of Walmart’s promotion went to women in accomplishing the company’s mission.
Walmart promoted hourly associates to ranks of increased responsibility at high rates in 2022.
Women represent 53.45% of Walmart’s hourly associates in the US, while people of color represent 49.61%. Globally, the number of women in Walmart’s management has also increased.
Women in power raise an organization’s social status.
In 2021, 55% of Walmart employees worldwide were women, with 43% in management positions and 26% of women working in Information Technology.
The number of individuals and women of color in administrative positions is rising.
The company’s representation of people of color rose by 1.03% in 2021. Like any other company, Walmart has faced continued pressure to show racial equity in its hiring process.
Employers like Walmart play a significant role in bolstering the US economy. There are more Walmart Employees than there are state workers.
Walmart employs roughly 1% of the private sector workforce because it’s one of the largest companies in the US and the world.
Walmart is one of the largest retailers in the world, with over 4,000 locations in the United States and over 11,000 locations in total. Grocery sales account for almost 50% of Walmart’s total revenue.
Walmart’s U.S sales rose by 11% to reach 47.8 billion dollars in 2022.
Since its founding in Bentonville, Arkansas, Walmart continues to US rural, retail, and suburban sectors.
The first Walmart store in 1962 was a retail establishment selling items at low prices to achieve high sales volumes.
Walmart is a massive retailer with a significant market share.
The company has thousands of grocery stores, hypermarkets, and discount stores.
Walmart expanded rapidly in the 1970s, opening 18 locations in only five years.
According to Forbes, Walmart’s earnings rose by 6.72% in 2020. In the previous year, Walmart’s profits increased by only 1.86%.
Walmart US is the company’s most profitable division, accounting for 69% of Walmart’s revenue.
Walmart dominates retail and wholesale markets, and the company’s sales are booming.
According to data, Walmart’s groceries are worth more than 300 billion dollars today.
To compete with Amazon, Walmart added online shopping and in-store pickup.
Walmart has experienced remarkable annual growth from 2017 to 2021. The company’s low prices, quick service, and wide range of products attract more customers yearly. These unique selling points are what contribute to the company’s incredible growth.
By 2025, data indicates that Walmart’s sales of pet care products will reach $37.6 billion.
Ecommerce giants like Amazon dominate the US online retail industry.
To compete with the likes of Amazon, Walmart is heavily investing in its online operations. The company is on a mission to grow its ecommerce market.
Selling via eCommerce increases customers’ awareness of products.
Walmart became a significant player in online retail during the COVID-19 pandemic, with a 97% sales increase in the first quarter of 2020. Many customers buy online at Walmart due to the accessibility of Walmart stores.
About 90% of US residents live 10 miles from a Walmart Discount Store, which means shopping via click-and-collect is easy, cheap, and convenient.
Walmart leveraged ecommerce to expand its international market share.
Walmart’s ecommerce sales account for around 13% of total US Walmart sales.
Walmart’s growth and sales are due to its advantages over competitors like Amazon.
The company’s slogan is: “Save Money. Live better.”
From this slogan alone, it’s clear that Walmart’s goal is to attract customers with low prices. At Walmart, customers can buy more for less money than they could at other stores.
Walmart’s increased ecommerce presence has also made it easier for the company to do business worldwide.
It has also helped Walmart grow its market share.
Walmart’s gross profit margin increases by about 24% to 25% yearly.
The company has made over 568 billion dollars in net sales as of 2022, which is excellent progress.
The company also boosted its revenue by 2.3% despite pulling out of the UK and Japanese markets.
Walmart enterprises don’t exist as a single entity.
The company has three primary divisions: Sam’s Club, Walmart International, and Walmart U.S. Most of the company’s sales come from the Walmart US division.
Sam’s Club is unique compared to Walmart’s other divisions because it’s a membership-based store. Sam’s Club has a solid global presence, with branches in 24 different countries.
This division is similar to other membership stores like Costco and BJ’s.
Walmart International employs over 550,000 employees working in over 5,100 stores worldwide. Walmart Global Sourcing works with vendors to sell their goods internationally.
Global Sourcing checks suppliers’ operations regularly and collaborates through the Walmart Responsible Sourcing Program.
This program helps achieve Walmart’s high standards and maintain the company’s reputation as the most dependable retailer in the world.
Millions of Walmart customers find Supercenters more convenient because they’re one-stop shops. This convenience has helped the company grow abroad.
Walmart reports show that stores get over 230 million visitors weekly.
Sam’s Club generated 2.2 billion dollars in income from membership fees.
According to a Statista survey of Walmart consumers, 96% of respondents said they are familiar with Walmart products.
Meanwhile, 71% said Walmart is their primary grocery shop.
Walmart also occupies a portion of the online retail space. The store’s internet business always booms during holidays.
Experts suggest that Walmart’s online business will generate $73 million in revenue in 2022.
According to a Reuters report, US Walmart stores lose about 1% of revenue to theft.
Walmart theft statistics indicate this loss is equivalent to $3 billion yearly, with most cases involving customers and Walmart employees shoplifting.
In recent years, Walmart has developed several special measures to decrease theft, such as 24-hour CCTV monitoring, personnel training for detecting shoplifters, and AI technologies.
Some Walmart retail locations use different names, but all are under Walmart.
Mexico has the most outlets outside the US. Other Walmart outlet locations include Central America, China, Africa, and Canada.
The US has the most Walmart locations. Texas has the highest number of Walmart stores, with 516, accounting for 11% of US stores.
According to Walmart’s 2021 annual revenue report, Sam’s Club contributed 9.4% of Walmart’s revenue, with membership fees generating most of this revenue.
Walmart’s Mexico division is known as Walmart de Mexico y Centroamerica. This division has 2,468 Walmart businesses distributed within the country.
Mexico’s Walmart stores include the following:
- 277 Walmart Supercenters
- Bodega Aurrera stores in 526 areas
- 163 Sam’s Clubs
- 1,041 Bodega Aurrera Express stores
- 369 Mi Bodega Aurrera stores
- 92 Superama stores
Walmart acquired Cifra S.A. of C.V., Mexico’s largest retailer, in 1997. In 2000, the retailer changed its name to Walmart de Mexico.
Walmart entered the African market in 2010 after acquiring Massmart Holdings, Limited in South Africa. Massmart owns several brands, including Game, Makro, Builders, and Cambridge Foods.
The company operates 442 Walmart stores across Africa.
South Africa has the most stores, with 394 operating under different names.
Walmart stores in Africa include the following:
- 11 outlets in Botswana operating under names such as Game Foodco, CBW, and Builders Warehouse
- Seven in Zambia
- Six in Mozambique
- Five in Nigeria
- Four each in Ghana and Namibia
- Three in Lesotho
- Two each in Kenya and Malawi
- One each in Swaziland, Tanzania, and Uganda
I hope the Walmart statistics I’ve compiled have given you valuable insight into the company’s past, present, and future.
Walmart has grown exponentially since its humble beginnings. The company built an empire by offering low prices, convenience, and an incredible selection of products.
If these Walmart statistics haven’t satisfied your curiosity, maybe amazing online grocery shopping statistics can.