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Walmart /ËwÉËlmÉrt/ , is an American multinational retail corporation that operates a chain of discount department stores and warehouse stores. Headquartered in Bentonville, Arkansas, United States, the company was founded by Sam Walton in 1962 and incorporated on October 31, 1969.almart Discount Stores are discount department stores with sizes varying from 51,000 to 224,000 square feet (4,738.1 to 20,810.3 m 2), with the average store covering about 102,000 square feet (9,476.1 m 2). They carry general merchandise and a selection of groceries.
The 10 States With the Most Wal-Mart Stores. Wal-Mart Stores Inc. (NYSE: WMT) has 4,953 locations in the United States. Of those, 563 are in Texas, the state with the most locations. A look at Wal-Mart store locations shows just how regional the company, which employs over 1.3 million Americans, is. According to a recent 24/7 Wall St. analysis, Wal-Mart is the largest employer in 20 states. The 10 states with the most Wal-Mart locations are as follows: