Walmart, officially Walmart Inc., is an American multinational retail corporation founded in 1962 by Sam Walton and his brother Bud Walton in Rogers, Arkansas. Based in Bentonville, Arkansas, the company operates a vast network of hypermarkets (also known as supercenters), discount department stores, grocery stores, and wholesale clubs under the brand Sam’s Club. Walmart is the world’s largest company by revenue according to the Fortune Global 500, and is the largest private employer globally, with approximately 2.1 million employees as of 2025. The company’s mission is to help people save money and live better by offering low everyday prices, a broad product assortment, and an accessible omnichannel shopping experience.