Uncle Sam's army: Walmart in the American imagination
Walmart began as a small mom and pop store in Arkansas in the 1950s and has evolved into one of the largest retailers in the world today. The chain’s major hallmark: selling goods at prices lower than local mom-and-pop stores. (Sources: WEF Reports, Statista, Business Insider, Bloomberg)
Curated By: Madhu Kapparath
Today, Walmart is the largest employer in the world, with the estimated number of employees being close to 2.3 million globally (as of Feb 2018), of which over 60% of the workforce are women. It operates over 11,700 retail units under 65 banners in 28 countries. About three-quarters of the company’s store managers began their careers at Walmart as hourly associates. If Walmart is treated as a separate nation, it would be the 24th largest economy in the world with revenue of around $500 billion in 2018
