Wal-Mart is the largest retailer in the world. In the fiscal year ending January 31, 2023, revenue was $611 billion. The company is made up of three divisions: Wal-Mart Stores, which accounts for about 69% of sales; Sam’s Club, a membership warehouse chain, which makes up 14% of revenue; and the international segment, which accounted for 17% of sales. The company, based in Bentonville, Arkansas, finished fiscal year 2023 with approximately 10,500 retail units in 20 countries. The company had about 1 billion square feet. Grocery is the largest produce category in the US market, accounting for approximately 59% of sales. Health and Wellness, another stable category, is 11%. General merchandise accounted for 28% of sales. US e-commerce sales were about $53 billion in fiscal ’22. E-commerce accounted for 14% of global sales. Fiscal year ends January 31 for US and Canadian operations. Other processes are generally standardized using a one-month delay on a calendar year basis.
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