Walmart Inc. is an American multinational retail corporation and the world's largest retailer by revenue, operating a global chain of hypermarkets, discount department stores, and grocery stores. Founded in 1962 by brothers Sam Walton and James 'Bud' Walton in Rogers, Arkansas, the company began as a single discount store and rapidly expanded through innovative business practices emphasizing low prices, operational efficiency, and economies of scale. Incorporated as Wal-Mart, Inc. on October 31, 1969, under Delaware law, it became publicly traded in 1970 and was listed on the New York Stock Exchange in 1972. Headquartered in Bentonville, Arkansas, Walmart operates across the United States and 19 other countries, with over 10,500 stores and more than 2.1 million employees worldwide. The company also owns and operates Sam's Club retail warehouses. Walmart's growth continued internationally starting in 1991, and it became the world's largest corporation by revenue in the 1990s and 2000s, surpassing companies like Exxon Mobil in 2001. The retailer has embraced e-commerce, acquiring businesses such as Jet.com in 2016 and Moosejaw in 2017, and rebranded to Walmart Inc. in 2018 to reflect its omnichannel approach. Walmart focuses on sustainability initiatives, technological innovation, supply chain efficiency, and a commitment to 'saving people money so they can live better,' while facing ongoing scrutiny over labor practices, market dominance, and community impacts. The company engages in community impact through the Walmart Foundation, established in 1979, and maintains financial ties and professional partnerships aligned with its regenerative goals.