Wal-Mart Stores, Inc. is a retail store which operates in different formats around the world.
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It has three segments: Walmart International, Walmart U.S. and Sam's Club. The Walmart U.S. segment works on mass merchant concept and offers financial services, including money orders, wire transfers, prepaid cards check cashing and bill payment. The Walmart International segment has many formats of retail stores, wholesale clubs, restaurants, and various retail websites that operate outside the U.S. This segment operates in three major categories: wholesale, retail and other which includes supermarkets, supercentres, discount stores, hypermarkets, restaurants and apparel stores. Walmart came into existence by Samuel Moore Walton and James Lawrence Walton on July 2, 1962 and has its headquarters in Bentonville, AR .The CEO of the company is C Mcmillon and company employees 2,200,000 employees.