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)
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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