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] |
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 has not been granted a franchise status. Walmart is actually a corporation owned primarily by the Walton family, and many other shareholders, such as American investment corporations. Walmart shares can be purchased from almost everyone, and it will still remain publicly traded.
Why is Walmart not considered a Franchise?
Walmart cannot be owned by any one person as the corporation is ultimately owned by a large volume of investors who have bought stocks and shares in the company.
Walmart’s public trading status is also a major factor in its success; the franchises are privately owned.
Walmart Company Structure:
Walmart’s organizational structure is hierarchical and functional. Associate employees below the CEO are appointed by a direct superior.
Walmart on the other side relies heavily upon its shareholders who are actively investing in the company’s financial future.
Is Walmart a franchise?
No, Walmart will not become a franchise as much of its success is driven by shareholders and public traders.
The Walton family owns approximately 50% of shares, leaving the remaining half to individual stakeholders such as The Vanguard Groupand SSgA Funds Management Inc.
Each fiscal year will bring approximately $2.20 in dividends to shareholders.
Conclusion: Is Walmart A Franchise?
Walmart is not a franchise. It is an internationally traded, profitable 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!]