Walmart Statistics: Walmart, Inc. is a US-based multinational retail corporation that operates chains of discount department stores, grocery stores, and hypermarkets. The company operates through three reportable segments namely; Walmart U.S., Walmart International, and Sam’s Club. Walmart offers a diversified range of merchandise and services at everyday low prices (EDLP).
Walmart U.S. Segment:
The Walmart U.S. segment is one of the largest segments among other segments of the company. Through its Walmart U.S. segment, the company operates retail stores in the US, including in all 50 states, Washington D.C., and Puerto Rico. Through this segment, the company offers assorted merchandise, including those products which are not available in its physical stores, and online services through its e-commerce web portals and mobile commerce applications. Moreover, the company’s e-commerce web portal consists of a marketplace, which offers a feature of a website that enables third parties to sell their products or merchandise through its website walmart.com. Integration of digital retail with its physical stores through their services, including Online Grocery, Pickup Today, and Walmart Pickup.
The Walmart U.S. segment also provides accessibility for digital content and services such as InstaWatch and Vudu. Through this operating segment, the company does business in diversified merchandise divisions across multiple store formats such as discount stores, neighborhood markets, supercenters, walmart.com, and small store formats. Through the Walmart U.S. segment, the company offers fuel and various financial service-related products and services, including prepaid cards, money transfers, money orders, bill payments, and checks to cash.
Walmart International Segment:
The Walmart International segment consists of different formats, which are categorized into three types: wholesale, retail, and others. These categories include various formats such as hypermarkets, supermarkets, supercenters, and warehouse clubs, including Sam’s Clubs, specialty electronics, home improvement, cash and carry, drug stores, apparels store, convenience stores, and digital retail. This segment comprises various physical stores, which are operated by its subsidiaries operating in various developed and developing countries across the globe.
Countries include Canada, Argentina, Japan, India, Chile, Mexico, Brazil, and the UK. Its subsidiaries operate in African countries (including South Africa, Ghana, Botswana, Uganda, Kenya, Nigeria, Mozambique, Lesotho, Swaziland, Zambia, Tanzania, Namibia, Swaziland, Malawi); Central America (Guatemala, Nicaragua, El Salvador, Costa Rica, and Honduras); and its joint ventures and other subsidiaries in China.
Sam’s Club Segment:
Sam’s Club segment provides access to its members’ assorted merchandise, which includes those products that are not available in their respective clubs and services online at samsclub.com, and by its mobile commerce application. It also provides members the options of delivery to choose from such as direct-to-home or direct-to-the-club through services such as Club Pickup. Through this segment, the company offers brand name merchandise such as some soft goods, hard goods, and certain private-label brands. Private label brands include Member’s Mark which offers products in five merchandise categories: Grocery and consumables, fuel and other, home and apparel, technology, office and entertainment, and health and wellness.
The grocery and consumables category includes dairy products, bakery products, frozen packaged foods, food-related products, alcoholic and nonalcoholic beverages, and other grocery items and consumables such as laundry and home care, pet supplies, health and beauty aids, and other related consumables. Fuel and different categories include gasoline stations, tools and power equipment, tire and battery centers, and other related products. The home and apparel category includes outdoor living, home improvement, mattresses, housewares, jewelry, apparel, seasonal items, and other related products. The technology, office and entertainment category includes video games, electronics, music, office supplies, office furniture, and other related products. Health and wellness category includes optical and hearing services, pharmacy, and over-the-counter drugs.
Financial Overview of Walmart Inc. for 2021:
Walmart published its annual report on 22nd April 2021 and filed Proxy Statement in preparation for the company’s Annual Shareholders’ Meeting to be held on 2nd June 2021. The overall revenue for the fiscal year ended January 2021 is US$ 555.23 Mn. The company’s operating segments are Walmart U.S., Walmart International, and Sam’s Club, thus segment wise revenue (On the basis of Net Sales) for the fiscal year ended 2021 is as follows: the Walmart U.S. segment accounted for US $ 369,960.00 Mn, the Walmart International segment accounted for US $ 121,360.00 Mn, and Sam’s Club segment accounted for the US $ 63,910.00 Mn.
Financial Overview of Walmart Inc. for 2020:
- Walmart’s revenue for the quarter ending July 31, 2020, was $137.742B, a 5.65% increase year-over-year.
- Walmart’s revenue for the twelve months ending July 31, 2020, was $542.026B, a 4.64% increase year-over-year.
- Walmart’s annual revenue for 2020 was $523.964B, a 1.86% increase from 2019.
What’s News in 2018-2021?
- July 22, 2021, Investing in the Future of U.S. Manufacturing, Our Commitment to American Jobs.
- Oct. 2, 2020, More than 175 Small Businesses Find Opportunity at Walmart’s First-Ever Virtual Open Call for U.S. Manufactured Products.
- In February 2018, the company has changed its legal name from Wal-Mart Stores, Inc. to Walmart Inc.
- The company announced its plan to increase the initial wage rate to US$ 11 for all US store associates who work on an hourly basis, increase parental and maternity leave benefits, and offer a one-time cash bonus for eligible associates. Approximately, more than 1 Mn associates may be expected to become beneficiaries of the combined wage and benefit changes.
- Judith McKenna is appointed as the president and CEO of Walmart International
- In August 2018, Walmart Inc. completed an agreement with the Indian eCommerce Platform Flipkart Group in order to become the largest shareholder in the Flipkart Group.
- Walmart Inc. has announced its plan to acquire ELOQUII which is a US-based private company that designs and sells fashion apparel in plus sizes ranging from 14-24. This acquisition is intended to strengthen the company’s online business
- In 2018, Walmart has announced its plan to acquire Art.com, which is the largest online retailer of art and wall décor items with approximately 2 million curated images, including a growing exclusive assortment. The two main strategies behind this acquisition were to strengthen the company’s online business(com and Jet.com) and to acquire digital brands that offer unique and differentiated products and shopping experiences that cannot be found anywhere else.
- In October 2018, Walmart announced that it has completed the acquisition of Bare Necessities, which is a US-based leading intimates online retailer that offers more than 100,000 SKUs (Stock Keeping Units) from more than 160 brands, including an extensive assortment of women’s intimate wear products such as bras, swimwear, shapewear, and sleepwear.
- In April 2018, the company opened its new Intelligent Retail Lab (abbreviated as IRL) inside the Walmart Neighborhood Market located in Levittown, New York which is approximately occupied area of 50,000 square feet. This new store has brought an evolution to Walmart store by transforming the future retail concept; by integrating Artificial Intelligence (AI) technology in various electronics. This integration includes artificial intelligence-enabled cameras, interactive displays, and a massive data center. Walmart’s tech incubator Store No 8 is deployed in this store
- In April 2019, Walmart is integrating new voice ordering capabilities across platforms with partners like Google. Thus, the company introduced: Walmart Voice Order; which is a service that can help customers that use Google Assistant to add or shop for items directly to their Walmart Grocery cart.
- Walmart ranks as the world’s top retailer.
- 4,748 Walmart stores are currently open and active in the US.
- Globally there are 11,500 Walmart stores.
- Walmart earns an average profit of around US $1.8 Mn per hour.
- Approximately 90% of all Americans are located within 15 miles of a Walmart.
- Walmart has over 6,000 stores outside of the US.
- Walmart serves more than 200 Mn consumers per week, through more than 10, 400 stores in 27 countries.
- Walmart has around 2.2 Mn employees globally, which is more than the population of Houston. Out of 2.2 Mn employees 1.5 Mn are employed only in the United States.
- On average, 265 million people globally visited Walmart per week in 2020.
- Walmart is much bigger than re-known retail chains including Home Depot, Kroger, Target, Sears, Costco, and K-Mart in terms of revenue.
- 70% of Walmart customers are Caucasian.
- The Walton family donated around 2% of its net worth, whereas Warren Buffet donates approximately 78 % of his net worth and Bill Gates donates around 48 % of his net worth.
- Walmart parking lots’ total area is roughly similar to the size of Tampa, Florida.
- If Walmart’s total retail space (approximately more than 900 million square feet) is spread out over a single place it would be roughly 34 square miles, which is nearly 1.5 times the size of Manhattan.
- If Walmart’s more than 900 million square feet of retail space were spread out over one place it would take up roughly 34 square miles, which is about 1.5 times the size of Manhattan.
- Walmart employs more than 2.2 million workers all over the world.
- A family of four-person spends more than US $4,000 in one year at Walmart.
- In 2010, the CEO of Walmart Mr. Michael Duke earned an annual salary of $35 million which earned him more, which is more than a full-time employee earns in a whole year.
- In 2014, Banana was the top-selling food item at Walmart.
- If Walmart were supposed to be a country, it would be the 28th largest economy in the world.
- Walmart U.S. is the largest segment and operates in the U.S., including in all 50 states, Washington D.C. and Puerto Rico.
- Walmart International is our second largest segment and operates in 26 countries outside of the U.S.
- Walmart store managers earn an average of $180,000 per year in the U.S.
- A CEO at Walmart makes approximately 1,034 times more money than an average Walmart employee.
- Approximately 44% of the population in the United States shop at Walmart each year.
- Walmart is the biggest employer across 22 states in the US.
- 55% of the total Walmart workforce are women.
- The majority of Walmart shoppers are baby boomers.
- Texas has the highest number of Walmart stores (516).
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