Walmart is an multi-national retail store was founded by Sam Walton in year 1962 that have a chain of discount department store and warehouse stores. Walmart in based in United States of America.
There are about over 11,000 store in 27 different countries. Currently, Walmart have gained No.1 position in companies in revenue.
Fortune Global 500 list of 2014, Walmart is the world biggest private employer. In India, Walmart enter through Bharti Enterprises to open stores in India in year 2006 because of Indian Constituency laws. But they have lobbying about 25 million Dollar in 2015 to Congress, that is considered as grafting which is illegal in India.
Currently, S. Robson Walton is chairman of Walmart and Doug McMillon is President and CEO of the Company. Walmart investments in Germany and South Korea failed but gained high success in United Kingdom, South America and China.
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