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Walmart is an American supermarket chain founded in 1962 by Sam Walton. In 2010, the company was the world's largest retailer (turnover included). It is based in Bentonville, Arkansas, USA. For the financial year ending January 31, 2014. Wal-Mart recorded a clean profit of $16.022 billion with a turnover of $476.294 billion. 1)
A large portion of the retail sector is also owned by Walmart. In reality, in 2016, they produced about 14.5 percent of all the food purchased in America. This figure is more than twice that of its closest rival (Kroger, who had about 7.2 percent of the sales). The business also owns its own in-house brand, Great Value, which is one of the nation's top-rated supermarket brands.2)
Their efforts in China, the United Kingdom, and throughout South America have proven to be some of any retail chain's most lucrative international expansions (not just Walmart). Nonetheless this massive firm occasionally fails. They closed all their stores in Germany for example, when the chain failed to take off in this region (which also happens to have the biggest economy in all of Europe).3)