Is Walmart A Franchise In 2022? [All You Need To Know!]

Walmart Inc.

Walmart’s current logo since 2008
Walmart Home Office (headquarters) in December 2012
Formerly	Wal-Mart Discount City (1962–1969) Wal-Mart, Inc. (1969–1970) Wal–Mart Stores, Inc. (1970–2018)
Type	Public
Traded as	NYSE : WMT DJIA component S&P 100 component S&P 500 component
ISIN	US9311421039
Industry	Retail
Founded	July 2, 1962 ; 59 years ago ( 1962-07-02 ) in Rogers, Arkansas [1] October 31, 1969 ; 52 years ago ( 1969-10-31 ) in Wilmington, Delaware (incorporation)
Founder	Sam Walton
Headquarters	Bentonville, Arkansas , U.S.
Number of locations	10,593 stores worldwide (January 31, 2022) [2] [3]
Area served	Worldwide
Key people	Greg Penner ( Chairman ) Doug McMillon ( President , CEO )
Products	Supermarket , Hypermarket , Superstore , Convenience shop
Services	Walmart-2-Walmart
Revenue	US$ 559.2 billion (2020) [4]
Operating income	US$22.55 billion (2020) [4]
Net income	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	2,300,000 (Jan. 2021) [4] U.S.: 1,600,000
Divisions	Walmart U.S. Walmart International Sam’s Club Global eCommerce
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.

Founded as a family business, you may wonder if Walmart has grown into a great franchise? All the information you’ll need is right here!

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!]