This document provides an overview of Walmart, the largest retailer in the world. It was founded in 1962 by Sam Walton in Arkansas and has grown to operate over 11,000 stores across 27 countries. Walton opened the first Walmart Discount City store in 1962 and the company pioneered various store formats over the years like supercenters, neighborhood markets, and Sam's Club warehouses. Today, Walmart operates internationally with over 6,100 stores worldwide and has established a joint venture in India called Best Price Modern Wholesale. The company employs strong distribution and inventory management systems which have contributed to its success as an international retail leader.