Walmart

Walmart Inc. is an American multinational retail corporation, founded in 1962 by Sam Walton and his brother Bud Walton. Headquartered in Bentonville, Arkansas, Walmart has grown to become one of the largest companies in the world by revenue and employees.

In the fiscal year 2025, Walmart reported revenues of about US$681 billion and operates over 10,750 stores and extensive ecommerce operations in 19 countries.

The company operates three major business segments: Walmart U.S., Walmart International, and Sam’s Club, offering a wide range of products including groceries, health & beauty, electronics, home goods, apparel, fuel, and financial services.

Walmart’s mission is centered on “helping people save money and live better” by leveraging its global scale, efficient supply chain, omnichannel retailing and investments in technology. The company emphasises everyday low prices, convenience through in-store and online channels, and large-scale operations—serving hundreds of millions of customers weekly.

As it has expanded globally and established operations across many countries, with extensive supply chains, local sourcing, e-commerce sites and millions of employees, Walmart clearly qualifies as a multinational corporation (MNC). So yes, Walmart is an MNC.