Walmart is a multinational retail company that has started as a small discount store with their mission to sell more items for a cheaper cost. They first opened for business in 1962 in the United States in Rogers, Arkansas and later established a Walmart Canada in 1994. They are located in 27 different countries with their Canadian headquarters located in Mississauga, Ontario. With over 11000 retail units worldwide, it is no wonder why Walmart is deemed the worlds largest retail chain. Their continuous success can be attributed to the various products/services they offer and due to their incredibly low prices. Their slogan, Save Money. Live better. is exactly how people feel when shopping at Walmart and is also what makes them a return customer. It has become a norm for everyone to shop at Walmart for their everyday needs that include, groceries, clothing, electronics, pharmaceuticals, as well as photo,
finance, and wireless services. To add, Walmart is a company who has hired approximately 2.2 million associates across the globe. With this many people on their team, they are also one of the leading retailers who provide such a large amount of people with employment. Another interesting fact that holds true to Walmart is the fact that in their fiscal year that ended at the end of January 2019, they have reported a total revenue of 514.4 billion dollars. Lastly, with all of Walmarts success, it is important to note the fact that Walmart has not always succeeded when entering a foreign country. For example, Walmart was not able to open stores in Germany as the Germans were not fond of the American culture that was imposed onto them. As a result, this major blow to Walmart cost them almost a billion dollars and also lost them the chance to do business with the country that has the largest economy in Europe.