Walmart Statistics and Facts: Stores, Employees and Revenue in 2023

Despite its humble beginnings as a single shop, Walmart has become one of the biggest retailers worldwide, with more than 4,000 stores in the USA and more than 11,000 worldwide. You may get your hands on all sorts of stuff for cheap costs. But what are Walmart's statistics and facts? Read on to find out!

Walmart attributes its profitability and expansion to its competitive advantages over rivals like Amazon. Walmarts Motto, "Save MoneyMoney, live better, "assures customers of saving MoneyMoney when shopping by purchasing more items and has aided Walmart in expanding its market share.

If you want more details about Walmart statistics and facts, how many stores Walmart has in the U.S., and more, keep reading.

Table Of Contents

How Many Stores Does Walmart Have In The U.S.?

Walmart is among the most prominent major retailers in the U.S. Walmart offers a large variety of products at competitive costs to meet the needs of its customers for their regular shopping. Throughout the United States, there are 5,342 Walmarts, 601 in Texas, 386 in Florida, and 321 in California.

Walmart has approximately ten thousand shops and 364 distribution sites throughout twenty-four nations. The number of stores decreased in 2022 due to the company's decision to shut down operations in the United Kingdom and Japan.

In 2016, the firm expanded into Asia and other areas by opening a Walmart shop in Mumbai, India. However, Walmart's retail activities in the United States account for most of the company's overall income.

How Many Employees Does Walmart Have?

Walmart employs more people than any other private company in the United States. Seventy-five percent of the current management team started in the shop as hourly workers.

According to Walmart's diversity reports, minorities comprise 44% of the company's employees and 33% of management roles. Furthermore, in 2020, Walmart employed about 265,000 servicemen and women.

In 2023, Walmart employs almost 2.1 million people throughout the globe, with 1.6 million of them located in the United States. Since its inception, the firm has actively sought to foster an environment where all employees feel valued and respected.

Does Walmart Give Promotions To Women?

Indeed, Walmart persists in putting women in good positions, and in 2022, women received 45 percent of all promotions. The firm began its Women's Economic Empowerment program in 2011 to boost and capitalize on women's financial independence.

Around one million women will get training from Walmart to enter the workforce. The firm believes its new program will boost women's confidence and help them accomplish more. Half of Walmart's hourly workers in the United States are persons of color, and 53.45% are women. Walmart's global leadership team now includes more women than ever.

What Is The Revenue Data From Walmart Stores?

Walmart has more than 11,000 stores and more than 4,000 in the U.S. alone. Walmart receives over half of its annual income from food and grocery sales. On January 31, 2023, Walmart's sales in the United States hit $47.8 billion, an increase of 11% from the previous year.

When Sam Walton first opened his store in Bentonville, Arkansas, he saw a need for low-cost goods in outlying areas.

How Does Walmart Perform in Terms of Its Financial Situation?

The gross profit margin at Walmart has been growing between 24 and 25 percent annually. As of 2023 January 31, the company's net sales have exceeded $605.88 billion, representing significant growth. Despite leaving both U.K. and Japanese markets, the firm increased sales by 7%.

Does Walmart Have Divisions?

Sam's Club stands out from other Walmart because it requires customers to sign up for a membership to shop there. With locations in 24 different countries, Sam's Club is a major international player.

This section is like that of warehouse clubs like B.J.'s and Costco. Walmart International employs over 550,000 people across more than 5,100 locations. Walmart Global Sourcing assists suppliers in expanding their worldwide sales.

Through Walmart Responsible Sourcing Program, Global Sourcing conducts routine audits of its suppliers' facilities and fosters cross-functional teamwork.

With this program, Walmart's high standards and status as the world's most reliable store are only possible.

What Is the Customers' Behaviour Towards Walmart?

As a one-stop shop, Walmart Supercenters are more convenient for millions of shoppers. This convenience has been essential in the company's expansion into international markets. Over 230 million customers visit Walmart shops every week, according to the company's data.

Revenue from membership fees amounted to $2.2 billion for Sam's Club. Ninety-six percent of Walmart customers polled by Statista reported being acquainted with the retailer's offerings. 71% of the respondents also said that Walmart is their main supermarket of choice.

It's no secret that Walmart also has a presence in the e-commerce market. The Christmas season is the busiest time of year for online shopping. According to projections made by industry analysts, Walmart's online division would bring in $73 million in sales by the year 2022.

Does Walmart Suffer From Theft Losses?

Theft accounts for around 1% of revenue loss at Walmart shops in the U.S., according to research by Reuters. According to Walmart's theft figures, the company loses almost $3 billion annually due to theft by consumers and workers.

In recent years, Walmart has taken several novel steps to combat theft, including installing 24-hour video surveillance, educating store employees in spotting shoplifters, and developing artificial intelligence (A.I.) technology.

Does Walmart Exist In All Countries Globally?

Some Walmart stores operate under their own identities, yet they are all part of the same company. Although you may find Walmart outlets in China and Africa, Outside the U.S., the greatest number of outlets is in Mexico.

There are more Walmart stores in the United States than in any other country. Walmart's 516 locations in the Lone Star State account for 11% of the company's total in the United States. Sam's Club generated membership fees of $9.4 billion in 2021, accounting for 9.4% of Walmart's total income.

Walmart operates in Mexico under the name Walmart de Mexico and has 2,468 Walmart stores around the nation that fall under this division.

Walmart acquired the South African retailer Massmart Holdings in 2010, marking the company's entry into the African market. There are 442 Walmarts under the company's management across the African continent.

Conclusion

Despite its early origins as a small discount store, Walmart has expanded tremendously. The firm became massively successful by competing based on cheap pricing, ease of use, and a staggering array of goods. To promote gender equality, 45 percent of the company's promotions have gone to women.