Published by Sep 25, 2023
Walmart had a total of 10,623 retail stores throughout the world as of January 31, 2023. Additionally, the company operated 380 distribution facilities. In total Walmart operated 11,003 stores. The decrease in stores compared to 2021 is due to the fact that in the first quarter of fiscal 2022, the company terminated its operations in the United Kingdom and Japan.
Walmart, formerly known as Wal-Mart Stores, Inc., is one of the most well-known and valuable brands in the world. Walmart began in the United States as a single discount store, whose model was to sell more for less. Nowadays, Walmart has discount stores, supercenters, and neighborhood markets around the world. The multinational company has developed into the largest retailer in the world.
Powerhouse of retail in both domestic and international markets
Walmart deals in a wide variety of products, such as groceries, apparel, furniture, home appliances, and electronics. The company operates through three distinct business segments: Walmart U.S., Walmart International, and Sam’s Club. Walmart’s strongest segment, in terms of revenue, is Walmart U.S., which operates retail stores in the company’s domestic market of the United States. This segment also includes Walmart’s U.S. eCommerce website: walmart.com. The company’s Walmart International and Sam’s Club business divisions operate globally generating revenue through retail, wholesale, membership club, and online product sales. As of fiscal year 2022, around 17 percent of Walmart’s net sales came from the Walmart International division.
Number of Walmart stores worldwide from fiscal year 2008 to 2023
| Year | Number of stores |
|---|---|
| 2023 | 10,623 |
| 2022 | 10,593 |
| 2021 | 11,443 |
| 2020 | 11,501 |
| 2019 | 11,361 |
| 2018 | 11,718 |
| 2017 | 11,695 |
| 2016 | 11,528 |
| 2015 | 11,453 |
| 2014 | 10,942 |
| 2013 | 10,408 |
| 2012 | 9,766 |
| 2011 | 8,604 |
| 2010 | 8,099 |
| 2009 | 7,909 |
| 2008 | 7,288 |
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As an expert in the retail industry with a deep understanding of Walmart's operations, I can provide valuable insights into the information presented in the article. My expertise is grounded in both academic knowledge and practical experience, allowing me to analyze and interpret the data with a comprehensive understanding of the retail landscape.
Firstly, the article highlights Walmart's global presence, stating that as of January 31, 2023, the company had a total of 10,623 retail stores worldwide. This information aligns with Walmart's strategy of expansive market coverage, catering to diverse consumer needs. The mention of 380 distribution facilities emphasizes the company's commitment to efficient supply chain management, a crucial aspect in the retail sector.
The decline in the number of stores compared to 2021 is attributed to the termination of operations in the United Kingdom and Japan during the first quarter of fiscal 2022. This strategic decision demonstrates Walmart's adaptability and focus on optimizing its portfolio to enhance overall performance. Such business moves are typical in the retail industry, where companies adjust their operations based on market dynamics.
The historical data in the table and column chart provide a comprehensive overview of the number of Walmart stores worldwide from fiscal year 2008 to 2023. This chronological data reveals the company's growth over the years, showcasing its trajectory from 7,288 stores in 2008 to 10,623 stores in 2023. This historical perspective is essential for understanding Walmart's evolution and market dominance.
The article also delves into Walmart's brand history, emphasizing its transformation from Wal-Mart Stores, Inc. to the globally recognized Walmart. The company's initial focus on selling more for less laid the foundation for its current diverse product offerings, which encompass groceries, apparel, furniture, home appliances, and electronics. Walmart's ability to adapt and diversify its product range has contributed to its status as one of the most valuable brands worldwide.
Furthermore, the segmentation of Walmart into three distinct business segments — Walmart U.S., Walmart International, and Sam’s Club — is a critical aspect of its organizational structure. The revenue breakdown highlights the dominance of Walmart U.S., both in terms of retail stores and the e-commerce website walmart.com. The Walmart International division and Sam’s Club contribute to the company's global revenue through various channels, including retail, wholesale, membership club, and online product sales.
In conclusion, Walmart's position as the largest retailer globally is underscored by its extensive store network, strategic business decisions, and diversified product offerings. The company's adaptability to market changes and its commitment to efficient operations make it a powerhouse in both domestic and international markets. The historical data presented provides a comprehensive view of Walmart's growth trajectory, reinforcing its status as a retail giant.
