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HISTORY
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Wal-Mart
is an American public distribution that runs a chain of large, discountdepartment stores.
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It is the world's largest public corporation by revenue, according to the 2008fortune global 500.
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The company was founded by Sam Walton in 1962, incorporated on October 31,1969, and listed on the New York Stock Exchange in 1972.
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Wal-Mart is the largest private employer and the largest grocery retailer in theUnited States. The company has 1.9 million employees in more than 44countries. As of the end of 2003 it had 4,688 stores worldwide.
Business Segments
Wal-Mart has two types of divisions –
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Retail divisions and
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Specialty divisions.Retail divisions are further classified into - Wal-Mart Stores, Sam's Clubs, Neighborhood Market, International and walmart.com.The specialty division are divided into - Tire & Lube Express, Wal-MartOptical, Wal-Mart Pharmacy, Wal-Mart Vacations and Wal-Mart's UsedFixture Auctions.
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