Walmart, founded by Sam Walton in 1962 in Rogers, Arkansas, revolutionized the retail sector with its “Everyday Low Prices” strategy. Initially focusing on rural areas of the U.S., the company grew rapidly by perfecting logistics and supply chain efficiency. It popularized the “Supercenter” format, combining a full grocery store with general merchandise under one massive roof.

Today, Walmart is the world’s largest retailer by revenue, operating over 10,000 stores worldwide. It holds a dominant position, particularly in the U.S. grocery market, and has aggressively expanded its e-commerce operations (Walmart.com) to compete directly with Amazon. The company’s business model relies on operational efficiency and massive purchasing power to maintain low prices, making it a cornerstone of the American consumer economy.