Is Walmart A Franchise In 2022? [All You Need To Know!]

Walmart Inc.

Walmart’s current logo since 2008
Walmart Home Office (headquarters) in December 2012
Formerly	Wal-Mart Discount City (1962–1969) Wal-Mart, Inc. (1969–1970) Wal–Mart Stores, Inc. (1970–2018)
Type	Public
Traded as	NYSE : WMT DJIA component S&P 100 component S&P 500 component
ISIN	US9311421039
Industry	Retail
Founded	July 2, 1962 ; 59 years ago ( 1962-07-02 ) in Rogers, Arkansas [1] October 31, 1969 ; 52 years ago ( 1969-10-31 ) in Wilmington, Delaware (incorporation)
Founder	Sam Walton
Headquarters	Bentonville, Arkansas , U.S.
Number of locations	10,593 stores worldwide (January 31, 2022) [2] [3]
Area served	Worldwide
Key people	Greg Penner ( Chairman ) Doug McMillon ( President , CEO )
Products	Supermarket , Hypermarket , Superstore , Convenience shop
Services	Walmart-2-Walmart
Revenue	US$ 559.2 billion (2020) [4]
Operating income	US$22.55 billion (2020) [4]
Net income	US$13.70 billion (2020) [4]
Total assets	US$252.5 billion (2020) [4]
Total equity	US$87.53 billion (2020) [4]
Owner	Walton family (50.85%) [5]
Number of employees	2,300,000 (Jan. 2021) [4] U.S.: 1,600,000
Divisions	Walmart U.S. Walmart International Sam’s Club Global eCommerce
Subsidiaries	List of subsidiaries
Website	walmart.com
Footnotes / references [6] [7] [8]

Walmart is a U.S.-based wholesale retailer that has grown quickly to offer a huge range of essential household goods.

Founded as a family business, you may wonder if Walmart has grown into a great franchise? The entire information you require is here.

Is Walmart A Franchise In 2022?

Walmart, as of 2022 has not been granted a franchise status. Walmart is actually a corporation owned primarily by the Walton family, and many other shareholders, such as American investment corporations. Nearly anyone can purchase shares in Walmart’s stock market, meaning it will remain a publicly traded corporation.

Why is Walmart not considered a Franchise?

Walmart cannot be bought by anyone as there are many shareholders who purchased shares and stock in the company.

Walmart’s public trading status is also a major factor in its success; the franchises are privately owned.

How does Walmart structure its company?

Walmart operates at a hierarchical functional organizational structure. As such, associates working below the CEO rank are promoted to a higher level of employment.

Walmart on the other side relies heavily upon its shareholders who are actively investing in the company’s financial future.

Walmart to become a Franchise

Walmart won’t become a franchise because of the success that shareholders and other traders have made possible.

The Walton Family owns about 50% of the shares. The remaining half goes to individuals such as The Vanguard Groupor SSgA Funds Management Inc.

Dividends of approximately $2.20 per share will be paid to the shareholders at the close each fiscal-year.

How Can You Become Involved In Walmart?

There are plenty of ways you can become involved with Walmart, whether that be as a store associate, third-party merchant, or investor.

Walmart is competitive in terms of vacancies. Applying for a job at Walmart is a competitive process. Look for Walmart job openings using the online careers finder.

An Assessment Test is required to fully understand the process. The interview and application processes may take three weeks.

Walmart Marketplace allows third-party retailers to join its network of independently owned sellers. The position requires marketplace experience, US Tax ID, Form W-9, and US Tax ID.

If you’d like to buy stocks in Walmart, then the direct investment approach could be for you. Walmart stocks can be bought by anybody, not just Walmart employees.

Computershare logins are all that’s required. Investment Apps can be a good alternative to getting your foot in front of the door.

To learn more, you can also see our posts on Walmart statistics, Walmart’s competitive advantages, if Walmart is a franchise, and whether or not Walmart is owned by China.

Conclusion: Is Walmart A Franchise?

Walmart, a publicly traded company with a lot of success, isn’t a franchise. Walmart is majority owned by Walton’s family and hundreds of individuals as well commercial shareholders. Walmart is available to you as an associate, merchant, stakeholder or third-party merchant.

.Is Walmart A Franchise In 2022? [All You Need To Know!]