Is Walmart A Franchise In 2022? [All You Need To Know!]
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Walmart’s current logo since 2008
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Walmart Home Office (headquarters) in December 2012
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Formerly |
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Type |
Public |
ISIN |
US9311421039 |
Industry |
Retail |
Founded |
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Founder |
Sam Walton |
Headquarters |
,
U.S.
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Number of locations
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![]() 10,593 stores worldwide (January 31, 2022) [2] [3] |
Area served
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Worldwide |
Key people
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Products |
Supermarket , Hypermarket , Superstore , Convenience shop |
Services | |
Revenue |
![]() US$ 559.2 billion (2020) [4] |
![]() US$22.55 billion (2020) [4] |
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![]() US$13.70 billion (2020) [4] |
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Total assets |
![]() US$252.5 billion (2020) [4] |
Total equity |
![]() US$87.53 billion (2020) [4] |
Owner |
Walton family (50.85%) [5] |
Number of employees
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2,300,000 (Jan. 2021) [4] U.S.: 1,600,000 |
Divisions |
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Subsidiaries |
List of subsidiaries |
Website |
walmart.com |
Footnotes / references [6] [7] [8] |
Originating in the U.S, Walmart has rapidly grown into one of the nation’s largest wholesale retailers, home to a massive variety of essential household goods.
Is Walmart A Franchise In 2022?
Walmart as of 2022 is not considered a franchise. Walmart is an American corporation owned mostly by Walton Family and many shareholders. Walmart can still be publicly traded and shares are available for purchase by nearly anyone.
Why Isn’t Walmart A Franchise?
Walmart cannot be owned solely by one person. It is controlled by investors who own stock and shares.
Walmart’s reputation as a publicly traded retailer also contributes to its success. The franchises however operate privately.
What Is Walmart’s Company Structure?
Walmart operates at a hierarchical functional organizational structure. This means that associates at employment below the CEO level are appointed a direct superior.
Walmart, on the other hand relies upon active shareholders for financial investment in its business.
Walmart Will Ever Be a Franchise
No, Walmart will not become a franchise as much of its success is driven by shareholders and public traders.
The Walton family controls approximately half the shares. The rest is held by individuals like The Vanguard Group or SSgA Funds Management Inc.
At the end each fiscal year, shareholders will receive approximately $2.20 per share in dividends.
Walmart: How do you Get Involved?
Walmart is open to all levels of involvement, be it as a retailer associate, merchant, investor, or third-party seller.
Vacancies at Walmart are somewhat competitive. The best way to stand out is by submitting a quality application. Use the online Career Finder to search for Walmart jobs near you.
The application and interview process can take up to 3 weeks, including an Assessment Test, to understand how you work.
Walmart Marketplace welcomes third-party merchants to kickstart a partnership with its curated community of independent sellers. For the position you will need market experience, US Tax ID and Form W-9.
If you’d like to buy stocks in Walmart, then the direct investment approach could be for you. Walmart employees and anyone can purchase stocks in Walmart.
Computershare logins will suffice. Investment Apps may be another option.
For more information, please visit our post on Walmart statistics and competitive advantages. Also, see our posts about Walmart franchises, Walmart ownership, Walmart stock, and Walmart’s possible acquisitions by China.
Conclusion: Is Walmart A Franchise?
No, Walmart is not a franchise as it is a successful publicly traded corporation. Walmart is majority owned by Walton’s family and hundreds of individuals as well commercial shareholders. Walmart can be accessed as a stakeholder, associate merchant, or third party merchant.
.Is Walmart A Franchise In 2022? [All You Need To Know!]