Which companies does Walmart own?Top 20 Walmart Subsidiaries

Which companies does Walmart own?Top 20 Walmart Subsidiaries

Today, due to its popularity, Walmart is no longer an “unfamiliar” name among European residents. No matter how big its cover, very little is still known about the company.

“Is Atwood owned by Walmart?”, “Is Walmart having a trough?” are the most frequently asked questions when talking about the company. Unfortunately, Walmart does not own these brands.scroll down to see Which companies does Walmart own?

optimal 20 companies Walmart will own in 2022

1. Amigo (2002-present)

Supermarcados Amigo is a large grocery chain founded in 1966 and headquartered in the U.S. territory of Puerto Rico, which was acquired by Walmart in 2002. Walmart was rumored to be selling Amigo in 2017, but Walmart still owns the company.

With the lucrative acquisition, Walmart is partnering with Amigo to expand its business by launching more products at higher discounts.

2. Art.com (2019-present)

Art.Com is a home decor and wall art retailer founded in 1998. The brand is the most common shopping place for low- and mid-range customers. Art.com is now the largest online retailer; its annual sales exceed $300 million. The site offers various customization options.

Art.com plans to become a stand-alone site with complementary products and services to its other e-commerce offerings.

Following an all-cash deal with Art.com in early 2019, Walmart will successfully expand its online presence, bringing it closer to its goal of directly competing with one of the biggest sites today, Amazon.com.

3. Asda (1999-2018)

Walmart was in the news for its massive 1999 acquisition. The company bought the “Asda” supermarket chain for less than $7 billion, outpacing many of its rivals. After the acquisition, Asda retained its old name and now has 633 stores in the United States.

However, Walmart informed in 2018 that they intended to sell Asda to Sainsbury’s for $10 billion. The deal means Sainsbury’s will pay $3 million in cash, while the company will retain a 42% stake.

4. Aspectiva (2019-present)

One of Walmart’s newest subsidiaries is Aspectiva — a product analytics startup. Walmart did not disclose the amount it made for the business when it announced it in 2019.

Aspectiva doesn’t know if it leverages its services or the technology Walmart uses in brick-and-mortar and online stores. By owning Aspectiva, Walmart aims to improve the innovative buying experience.

5. Basic necessities (2018-present)

Following the acquisition of ELOQUII, Bare Necessities became a Walmart brand. The company, a 20-year established online lingerie company co-founded by Noah Wrubel, will continue to operate the business after the acquisition.

Walmart acquired Bare Necessities in 2018, aiming to use Bare Necessities’ online presence to boost its position on Amazon.

6. Best Price Modern Wholesale (2006-2013)

Walmart partnered with Indian company Bharti Enterprises in 2006. But due to government restrictions, Walmart cannot list in the retail space.

So Bharti runs retail stores; Walmart has 20 stores under the name Best Price Modern Wholesale. Bharti & Walmart parted ways in 2013, but Walmart still operates its 20 best retail stores.

7. Bonobo (2016-present)

The name might surprise people when it appears on the “Which Stores Walmart Owns” list. Walmart bought Bonobos, the brand founded by Andy Dunn, for $30 million in 2016. Bonobos is an innovative company that produces curved waistbands so men can find pants that fit comfortably without any unflattering shapes.

So it’s no surprise that the company was dubbed the “King of Menswear Online” at the time. The store has greatly expanded its offerings over the years, but its pants remain a real highlight.

8. CARHCO (2005-present)

CARHCO (Central America Retail Holding Company) is the largest supermarket chain, mainly located in Puerto Rico and Central America. The brand operates 811 stores.

Walmart bought a stake in the company in 2005 and now owns a whopping 51% of CARHCO.

9. ELONQUII (2018-present)

Not only is Walmart trying to beat Amazon in the marketplace, but it’s also trying to stand out by having sites that sell products you can’t find on Amazon either. An example is their subsidiary – ELOQUII.

ELOQUII is a stylish plus size fashion apparel brand. The company sells stylish jumpsuits, dresses, jackets, and even loungewear. Walmart bought the company for $100 million — 2.5 times its annual revenue. It is believed that this move will consolidate its position in the apparel market.

10. Flipkart (2018-present)

Flipkart, India’s largest online retailer, was co-founded by Binny Bansa to improve the Indian customer experience by allowing them to access affordable wholesale goods globally.

In May 2018, Walmart expressed interest in acquiring Flipkart, and said it was willing to pay $16 billion for a 77% stake in the company. Finally, Walmart completed the deal with Flipkart 2018.

11. Heinedel (2016-present)

Hayneedle is an Omaha-based online retailer known for buying quality furniture at affordable prices. As you might expect, Hayneedle has every major piece of furniture you can imagine, including sofas, TV cabinets and dining tables. This is a suitable destination for those who have cheap but stylish furniture options.

Walmart bought Hayneedle in 2016, hoping the site would allow them to step foot in the door of online shopping.

12. Jet.com (2016-present)

The company is an online retailer co-founded by Marc Lore. Their products include fashion, home appliances, groceries, home and living, cosmetics and other health and beauty products. In 2016, top retailer Walmart acquired the business for $3.3 billion.

The acquisition of the company is the next step in Walmart’s expansion into e-commerce. They hope the acquisition will put them in direct competition with online shopping icon Amazon.

13. Lider (2009-present)

Lider is part of Walmart Chile, which is primarily a grocery store. In addition to this, they also sell toys, appliances, electronics, and home products.

Distribucion Servicio originally owned the company, but Walmart owned 58.3% in 2009. The remaining shares are owned by the Ibanez Scott brothers. Today, there are 91 Lider Hipers and 96 Lider Express.

14. Massmart (2011-present)

Massmart Holdings Limited is a company established in 1990 and operating in South Africa. It is a well-known African distributor and the second largest in the country. Several local brands are their subsidiaries, including Makro, Game, CBW and Builder’s Warehouse.

The company started, including the purchase of six Makro outlets. Walmart acquisition In 2011, Walmart acquired a 51% stake in Massmart for about $2 billion.

The acquisition expands Walmart’s reach into the sub-Saharan continent. In addition, the Responsible Sourcing Program, as well as the Ezemvelo Direct Farming Program, has also undergone considerable changes; however, the latter is no longer in use.

15. Mod Cloth (2017-present)

ModCloth is a women’s accessories, apparel and fashion retailer. In 2017, Walmart began acquiring ModCloth through one of its subsidiaries, Jet.com. However, the exact number of the deal remains secret.

Walmart is believed to have paid about $500 to $70 million for the deal. According to Forbes, the broad effort is part of its ongoing campaign to compete with Amazon with a high-quality e-commerce portfolio. In other words, big-shot Walmart will win over many millennial customers with Modcloth’s unique, indie style.

16. Moosejaw Outdoor Adventure Gear (2017-present)

Men and women who enjoy the great outdoors may be surprised to learn that one of their favorite brands for preparing for camping, hiking and other adventures is owned by Walmart.

Moosejaw is a Michigan-based outdoor retailer with 10 brick-and-mortar stores and a massive online presence, respected for the scale of the brands it carries. Walmart acquired Moosejaw in 2017 for $51 million. Thanks to the acquisition, Walmart now has access to brands including Patagonia and The North Face.

17. Sam’s Club (1963-present)

Sam Walton founded Sam’s Club in 1963 to allow retailers to enter the world of bulk discount shopping. These clubs are warehouses that allow small business owners to buy goods in bulk to help them save money.

To shop at these warehouses, you must register your business and become a member. You can use your membership card to buy items in bulk. There are currently more than 600 Sam’s Club stores in the United States and 200 warehouses internationally.

18. Seiyu Group (2008-present)

Seiyu, a name from Japan, is a large chain of supermarkets, convenience stores and shopping malls. The group operates more than 300 stores in Japan.

Seiyu’s stores form a network covering various regions of Japan, such as nearby Kyushu to Hokkaido. Its aggressive policy aims to expand sales venues according to the preferences and needs of Japanese customers.

19. Shoes.com (2016-present)

Walmart’s current e-commerce acquisition is Shoes.com, formerly Shoebuy.com. The company was founded in Boston in 1999. In 2006, IAC acquired the shoes. Jet.com owned the company in 2016. The company changed its name to Shoes.com and sells more than 1 million items on its website.

Walmart made the acquisition for $70 million. Walmart wants to add Shoes.com to its online store as a complement to Jet.com and Walmart.com. The company hopes that by launching this campaign, it can boost its digital sales and overall image.

20. Vudu (2012-present)

Wudu is one of them Wal-Mart’s main subsidiaries. Walmart owns the brand for $100 million

Vudu specializes in movie content delivery and Internet distribution to television networks in Canada and the United States, enabling users to access its website through a variety of platforms.

Frequently Asked Questions

1. How many companies does Walmart own?

More than 800 brands and companies claim Walmart as their parent company,

Walmart operates approximately 10,500 stores and clubs under 46 banners in 24 countries and e-commerce sites. They have more than 2.3 million employees worldwide – nearly 1.6 million in the US alone.

2. What are Walmart’s 5 largest subsidiaries?

Top 5…