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15 Surprisingly Large Companies Owned By Walmart (2022)
Walmart is among the top five companies globally and has many subsidiaries.
Here are fifteen of Walmart’s most important subsidiaries around the globe. Each serves a unique function within the large organization known as Walmart. Every company brings a different dimension to Walmart’s ever-growing business.
Walmart spends a lot on the need to be competitive with Amazon. Walmart, a hungry company, is constantly looking for new markets to compete with a dark opponent.
Walmart’s sheer size, and the fact that it is a large-scale retailer, can be overwhelming. It’s massive. Next up, we’ll be highlighting ten companies Walmart has the most connections with.
Online furniture retailer Hayneedle is known for offering affordable, stylish options. While I had many opportunities to browse the website, my dream was for a simple, elegant remodel that would suit all rooms of my home. But Walmart owns the site.
Walmart acquired Hayneedle in 2016 in the hopes that the site would offer them a foot in the door of online shopping.
Walmart purchased Jet.com for 3.3 Billion dollars in 2016, similar to Hayneedle’s purchase.
Walmart was hoping that their acquisition would give them direct competition with Amazon.com.
You can now type Jet.com directly into your browser and it will direct you to Walmart.com. Walmart.com has become a reincarnation of Jet.com’s design, style, and content, leaving the domain name.
In 2011, Massmart, an African company was bought for 2.54 million dollars. Massmart is the 2nd largest goods distributor in Africa and has over 420 stores in the country, selling general goods, groceries, and liquor.
Under the Massmart corporate umbrella, numerous other companies specialize in discounted goods for consumers in Africa, such as Massbuilders and Massdiscounters. Walmarts subsaharan expansion was facilitated by the acquisition.
Similar to Hayneedle, Art.com is a well-known place to shop for affordable home decor and wall art. It is actually the biggest online dealer in home decor and art.
Walmart made an unanticipated decision when it purchased Shoes.com in 2017. The website, valued at $9 million was designed to give Walmart the opportunity to market products Amazon couldn’t sell yet at deeply discounted prices.
Walmart was again hoping to grow their online presence with the acquisition.
Bonobos is the first name on the list. The purchase was made by Walmart to expand their online clothing range. Bonobos sells men’s clothes at a low price, but with high quality.
The brand was acquired by Walmart in 2017 at a cost of 310 million dollars. It helped Walmart continue its relentless quest to compete with Amazon on a virtual field.
Walmarts’ desire to add fashion to its resume did not stop with men’s clothing. Walmart bought Moosejaw in the same year that Bonobos was purchased for $51 billion. This allowed them to add a rugged, outdoorsy element to their expanding fashion industry.
Walmart has a favorite brand for outdoor activities like hiking, camping and backpacking.
Bare Necessities offers elegant and sophisticated products at amazingly low prices. I was surprised to discover that I could use the terms “elegant”, “sophisticated” to describe a Walmart purchase.
Walmart purchased again 2018 to take advantage of Bare Necessities’ online popularity to better its relationship with Amazon.
Walmart bought Eloquii Plus-Sized Fashion giant in their latest venture into the fashion world.
Elonquii maintains Jet.com’s identity but has not lost its website. However, the decreased price points are possible only due to Elonquii’s relationship with Walmart.
Elonquii remains to be evaluated to see if it is worth the $100million that Walmart invested in it to try to get it to the same level as Amazon.
Walmart established Sam’s Club in 1983 as an entry point to the lucrative world of discount, high volume shopping.
Just like Costco, BJ’s or Costco, you need to be a member of this exclusive club. This allows you to receive quantity discounts from the mega-superstore.
We’re not done yet! Although this list does not include all of Walmart’s companies, and does not explore all the motives and purposes for these acquisitions it will hopefully show just how wide-reaching Walmart is and how deep it has penetrated many peoples lives.
Here’s five small companies. In the next five, you will find five less-known but equally important Walmart subsidiaries.
Aspectiva, the forward-thinking, most innovative buy in this category, is undoubtedly Aspectiva.
In India, the small business was bought by Walmart with the intention of leveraging their experience in tech design and customer services to help the company get ahead of its competitors in the in-person and online marketplaces.
Walmart has not disclosed the exact cost of this Indian treasure but you can see why it was so valuable and wise to acquire it for your Walmart family.
Amigo was an American grocery store chain that is located mainly in Puerto Rico. Walmart purchased it in 2002.
Walmart’s acquisition of Amigo was extremely lucrative. It allowed them to join forces with Amigo and expand their retail business. Amigo also received steeper discounts for its customers. This is similar to Super Walmart.
Based in India, Flipkart’s goal was to improve the experience of small business owners in India by allowing them access to affordable wholesale goods online from across the globe.
Walmart plans on leveraging its access to the goods for its growth in India as well as in eCommerce.
Therefore, Walmart purchased a controlling share in the company for $16 billion in 2018 to support their goal of growing their digital presence.
As the largest supermarket chain in Japan, Seiyu was an obvious acquisition for then sales giant Walmart.
Seiyu was originally opened in 1963. It had an established reputation among Japanese customers, which Walmart could capitalize on when it partnered with Rakuten. Walmart wanted to make Seiyu a virtual grocery and delivery company.
Here’s another grocery store. It currently is located in Puerto Rico and Central America.
Walmart actually acquired Carhco as the largest grocery chain in the area in 2004. Carhco is part of Walmart’s growing global reach and was worth 2 billion dollars Walmart spent.
To learn more about Walmart, you can see our related posts on Walmart statistics, Walmart’s competitive advantages, why Walmart failed in Germany, the Walmart logo meaning, and the Walton Family networth.
Sources:
Walmart owns which company?
Massmart They own many local brands, including CBW, Builder’s Warehouse, Makro, and Game. In 1990, the company was formed and acquired six Makro shops. Walmart acquired a 51 percent controlling stake of the company in 2011 for a reported $2.54 billion.
Walmart’s Other 50%: Who is the owner?
the Walton family
Are there any Walmart Subsidiaries
Walmart is one of the five largest companies in the world that owns a significant number of other companies, some of which are well-known subsidiaries and others that you might find surprising. Walmart is the owner of both Hayneedle.com and Sam’s Club, a well-known warehouse shopping site.
Walmart owns Hayneedle
Hayneedle, an online furniture store that Walmart bought when it purchased Jet.com. September 25, 2020
.15 Surprisingly Large Companies Owned By Walmart (2022)