Walmart is an American multinational retail corporation that was founded in 1962. The company is headquartered in Bentonville, Arkansas, and currently employs approximately 2.2 million people worldwide. Walmart is one of the world's largest retailers, operating a chain of hypermarkets, discount department stores, and grocery stores in multiple countries. In 2021, the company reported net sales of $559 billion and a net income of $13.5 billion.