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, which was established in the U.S., has grown rapidly to become one of the largest wholesale retailers in America, stocking a vast array of essential household products.

Walmart started as a family company. It is possible to wonder how Walmart has evolved into such a popular franchise. This page has all of the info you will need!

Is Walmart A Franchise In 2022?

Walmart has no franchises as of 2022. Walmart is an American corporation owned mostly by Walton Family and many shareholders. Nearly anyone can purchase shares in Walmart’s stock market, meaning it will remain a publicly traded corporation.

Why Isn’t Walmart A Franchise?

Walmart is not a company that can be held by just one person. The corporation is actually owned by large numbers of investors who bought shares and stocks in it.

Additionally, much of Walmart’s success is derived from its status as a publicly traded retailer; franchises operate privately.

What Is Walmart’s Company Structure?

Walmart operates at a hierarchical functional organizational structure. The CEO is the direct supervisor of associates below him.

Walmart, on the other hand relies upon active shareholders for financial investment in its business.

Walmart Will Ever Be a Franchise

Walmart won’t become a franchise because of the success that shareholders and other traders have made possible.

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 considered a franchise, as the company is publicly traded. Walmart is owned in large part by the Walton Family, as well as hundreds of other commercial shareholders. Walmart is available to you as an associate, merchant, stakeholder or third-party merchant.

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