Walmart is an American retail company that has approximately 11,718 branches in over 28 countries worldwide. It is the largest company in the world by revenues. According to 2016’s Fortune 500 report, the retail chain had a turnover of $480 billion. It has over 2.3 million employees making it the largest employer globally. It was founded in 1962 by Sam Walton and incorporated in 1969 in Bentonville, Arkansas where its headquarters are to date.