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Is Walmart A Franchise In 2022? [All You Need To Know!]
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|
|
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Formerly |
|
---|---|
Type |
Public |
ISIN |
US9311421039 |
Industry |
Retail |
Founded |
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Founder |
Sam Walton |
Headquarters |
,
U.S.
|
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] |
|
US$13.70 billion (2020) [4] |
|
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 |
|
Subsidiaries |
List of subsidiaries |
Website |
walmart.com |
Footnotes / references [6] [7] [8] |
Walmart began in the U.S. and quickly grew to become one the country’s biggest wholesale retailers. Walmart stocks an extensive range of essential household items.
Is Walmart A Franchise In 2022?
Walmart as of 2022 is not considered a franchise. Walmart instead is owned in large part by Walton’s family and many others, including American investors. Walmart can still be publicly traded and shares are available for purchase by nearly anyone.
Why is Walmart not 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.
Walmart will ever become a franchise
Walmart is not a franchise. Its success has been driven largely by investors and traders.
The Walton family controls approximately half the shares. The rest is held by individuals like The Vanguard Group or SSgA Funds Management Inc.
Dividends of approximately $2.20 per share will be paid to the shareholders at the close each fiscal-year.
Walmart: How can you get involved?
Walmart can be involved in many different ways, from being an associate to a merchant third party or as an investor.
Vacancies at Walmart are somewhat competitive. It is best to apply for the job with the greatest quality. Search for jobs at Walmart using the online career finder to view nearby employment.
The application and interview process can take up to 3 weeks, including an Assessment Test, to understand how you work.
Walmart Marketplace allows third-party retailers to join its network of independently owned sellers. The position requires marketplace experience, US Tax ID, Form W-9, and US Tax ID.
Direct investing is an option if you are looking to purchase stock in Walmart. Walmart stock can be purchased by anyone, even employees.
A Computershare login is all you need. Investment Apps may be another option.
To learn more, you can also see our posts on Walmart statistics, Walmart’s competitive advantages, if Walmart is a franchise, and whether or not Walmart is owned by China.
Conclusion: Is Walmart A Franchise?
Walmart is not an franchise. The company is a profitable publicly traded corporation. Walmart is owned principally by the Walton clan, with many individual and commercial shareholders. As a third-party merchant or stakeholder, you can dive into Walmart.
.Is Walmart A Franchise In 2022? [All You Need To Know!]