Walmart, the retail giant, has a significant presence in several countries around the world through its Walmart International segment. This segment covers various formats such as supercenters, supermarkets, hypermarkets, warehouse clubs, and cash & carry operations. With operations in 18 countries outside the United States, Walmart International also focuses on e-commerce through websites and mobile applications.
The global strategy of Walmart International emphasizes local relevance and customer-centricity in each market. The company has made strategic moves in recent years to reshape its portfolio for long-term growth, including selling assets in the UK and Japan while increasing investments in Africa and India.
In Mexico, Walmart de México y Centroamérica reported a revenue increase in 2022 despite a slight decline in market value. The company remains a dominant force in the region, showcasing Walmart’s adaptability in diverse international markets.
Walmart operates in various countries with wholly owned subsidiaries in Canada, Chile, China, and Africa, while also having majority-owned subsidiaries in India, Mexico, and Central America. In total, Walmart has 10,615 branches worldwide, distributed across multiple regions.
Owned by the Walton family, Walmart Inc. has seen a steady increase in net sales and market capitalization over the years. The company’s market capitalization ranks among the highest globally, with Walmart stores located in different countries serving millions of customers.
In Mexico and Latin America, Walmart’s largest store, Walmart Tepeyac, stands out for its size and history. Located in the Gustavo A. Madero district, this store recently underwent a remodel to enhance the customer experience with self-checkout options.
With Walmart’s continued presence and growth globally, the company remains a key player in the retail industry, adapting to the changing market landscape while prioritizing customer satisfaction.