Walmart. Wal-Mart Stores, Inc., branded as Walmart /ˈwɒlmɑrt/, is an American multinational retail corporation that runs chains of large discount department stores and warehouse stores. The company is the world's largest public corporation, according to the Fortune Global 500 list in 2014, the biggest private employer in the world with over two million employees, and is the largest retailer in the world. Walmart remains a family-owned business, as the company is controlled by the Walton family, who own over 50 percent of Walmart.[8] It is also one of the world's most valuable companies.[9] In the late 1980s and early 1990s the company rose from a regional to national giant. Walmart has over 11,000 stores in 27 countries, under 55 different names.[15] The company operates under the Walmart name in the United States, including the 50 states and Puerto Rico. It operates in Mexico as Walmart de México y Centroamérica, in the United Kingdom as Asda, in Japan as Seiyu, and in India as Best Price.
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