33 Walmart Statistics, Facts, Trends and Market Shares
In 2023, Walmart will report global revenue of $514.4 billion. Since then, their e-commerce sales have grown by 97%.
The growing e-commerce industry is Walmart’s biggest challenge, and Amazon is emerging as its closest competitor.
If you’re looking for the latest Walmart statistics, trends and facts, and how Walmart can stay competitive in 2023, look no further!
10 Key Statistics and Facts About Walmart
Here are some key stats and facts for Walmart that give a good idea of the company’s current market position:
- Wal-Mart has at least 11,443 retail stores worldwide.
- More than 90% of Americans live within 10 miles of a Walmart.
- An estimated 270-275 million people worldwide visit Walmart every day.
- Walmart doubled its nearest competitor’s retail sales in 2020.
- Walmart reported 2019 revenue of $514.4 billion.
- Income increases by 2-3% per year.
- Since 2005, Walmart has increased the fuel efficiency of its trucks by 84.2%.
- Walmart has set a goal of reducing its CO2 emissions by 1 gigaton by 2030.
- Walmart is considering listing products from at least 175 U.S. manufacturers.
- Walmart started rolling out its standalone health clinics, offering $25 checkups.
Below, you’ll find tons of Walmart statistics and facts, including Walmart history, the company’s growth, logistics, store count, and more.
Walmart History
Read below to learn how Walmart went from a discount store in Arkansas to a global powerhouse in a matter of decades.
1. Walmart raises its dividend every year
Walmart has grown at a phenomenal rate, as the company has raised its dividend every year since 1974. In the second half of the 1990’s, returns rose from 12.50K% to just over 90K%.
While not growing as much as it did in the earlier period, between 2011 and 2012 returns rose sharply again, going from about 70K% to about 100K%. This means that stock returns have experienced periodic rapid increases, even after the initial boom of the late 1990s.
2. Wal-Mart listed on the New York Stock Exchange 14 years after its establishment
That’s all impressive for a retailer that didn’t officially open a store until 1962, when they had just one store in Arkansas. By 1968, the brand had left its home state for the first time, opening stores in the neighboring states of Missouri and Oklahoma.
14 years after its founding, Walmart went public on the New York Stock Exchange (although there is no Walmart in New York City to this day).
Considering how long it takes a company to find its footing, even if long-term viability is achieved, that’s a remarkable feat.
Walmart Market Share and Trend Statistics
In America, almost everyone lives near a Walmart. Read more here about how big the retailer’s meteoric rise has been over the years, and why there’s good reason to believe it’s not over yet.
3. More than 90% of Americans live within 10 miles of a Walmart
Here’s a stat that shows just how widespread the retailer’s reach is: At least 90 percent of Americans live within 10 miles of a Walmart store. It’s safe to say that nearly every American has visited one of these stores at least once in the past month.
4. Revenue growth of 2-3% per year
Walmart’s revenue continues to grow year over year. In 2020, the store’s annual revenue increased by 1.86% compared to 2019.
Revenues grew by 2.81% in the last annual cycle, which is typical of a normal year, and there are no exceptional circumstances, such as a global pandemic, that could slash revenues. Total revenue in 2019 was $514.4 billion.
5. How many people visit Wal-Mart every day?
It is estimated that 270-275 million tourists walk into Walmart every week around the world. This equates to nearly 40 million daily visitors to nearly 11,500 stores worldwide. That’s far more than other major retailers, such as Walgreens, which receives 6 million visitors a day.
6. Sales of $387.6 million in 2018 were more than double that of its closest competitor
Walmart currently dominates the U.S. market with sales of $387.6 million in 2018. Their closest competitor is Amazon with $120.93 million in sales, while Kroger is third with $119 million in sales. Combined with their overseas sales, Walmart is the world’s leading retailer by a wide margin.
To learn more about Walmart and its biggest retail competitor, Costco, you can check out my guide on the differences between the two companies.
7. 3,570 super central locations
In 1988, Walmart opened its first Supercenter store. Since then, the list has expanded to include more than 3,570 Supercenter stores across the United States. These locations act as one-stop shops where customers can fulfill most, if not all, of their needs at once. The impact of Supercenter’s expansion changed the retail industry forever, with major competitors following suit.
8. More customers take advantage of curbside pickup
Walmart offers home delivery in many areas, where customers can order items online from local stores and have them delivered directly to their door.
Customers can also order items online and drive to the store for curbside pickup. These services are popular with customers, especially the elderly, who may have limited mobility and cannot navigate supermarket aisles.
Even before the 2020 events, an estimated 11-13% of Walmart customers used curbside pickup in 2019. This is a good indication that these trends are likely to continue even after things return to normal.
9. Walmart continues to update its key divisions
Walmart is constantly expanding and updating its various divisions to meet current trends.
One such example is the retailer’s recent updates to its product section, such as organizing its organic offerings and making it easier for customers to find what they’re looking for.
Walmart Logistics Statistics
Walmart continues to improve its shipping network, confirming the company’s theory that further growth is possible.
10. Extensive freight network
Walmart has a fleet of more than 6,000 trucks in the United States, driving millions of miles to deliver packages across the continent.
The retailer is also investing in multimodal shipping to reduce shipping times for e-commerce. This allows them to easily transition from truck to rail and back to truck.
11. Fuel efficiency increased by 84.2%
In 2005, Walmart set a goal of doubling the fuel efficiency of its transportation network. Since 2007, the retailer has delivered 830 million cases and 300 million fewer miles driven compared to a 2005 baseline.
Several strategies helped them accomplish this feat:
- Effective Driving Techniques Reduce Idle Time
- Improved aerodynamics and fuel-efficient tires
- More efficient merchandise loading and routing
12. E-commerce sales increased by 97%
Since 2019, Walmart’s e-commerce sales have grown 97% in the second quarter of fiscal 2021.
At this point, it is clear that the retail industry is undergoing a rapid shift, with more and more customers enjoying the benefits of online shopping from the comfort of their homes.
How many Walmarts are there in the world?
There are at least 11,443 Walmart stores worldwide. Read on to find out which countries have the most Walmart locations.
13. There are Walmart stores in 25 different countries
Walmart currently operates in at least 25 countries under 51 different brands, bringing the total number of stores to approximately 11,443. Given recent trends, they may continue to open brick-and-mortar stores in countries that are open for business.
And that’s before factoring in the impact of Walmart’s e-commerce network, which connects wholesalers with customers around the world.
14. Besides the United States, which country has the most Wal-Marts?
The US does have the most Walmart stores of any country, but there are quite a few in other countries as well. Outside of the US, the four countries (as of 2019) with the most Walmarts are:
- Mexico: 2,442
- United Kingdom: 631
- China: 438
- Canada: 408
There are also 442 stores in Africa and 836 in Central America. Outside of the UK, there are currently no other Walmart stores in Europe.
Walmart Employee Facts & Statistics
How many employees does Walmart have, and how does the company ensure employees are taken care of? Read on to hear the answers to these questions.
15. How many employees does Wal-Mart have?
Wal-Mart has more than 2.2 million employees worldwide, including 1.5 million in the United States. These hourly workers may be incentivized for upward mobility since 75% of managers are in-store employees who started their careers as junior employees.
16. Make Walmart a better place to work with $4 telehealth for employees
Walmart has been adding health benefits to its employees with several new programs. Staff can now access virtual care visits through the Doctors On Demand platform for as little as $4.
The service is not yet available to employees in every state, but it does continue to expand.
17. How much do Walmart employees make?About 50% earn $15 an hour or more
In February 2021, Walmart announced that its 425,000 employees would soon be making $13-$19 an hour. That’s significant because it would put about half of Walmart’s workers in the $15-an-hour wage bracket or higher.
That should further help Walmart retain more high-performing employees.
18. Are employees happy working at Walmart?
The balance between ensuring steady revenue and maintaining employee morale is a difficult operation for any business, no matter the industry.
Employee satisfaction surveys have shown mixed results, although encouragingly, 55% of Glassdoor respondents confirmed they would recommend their current job to a friend.
Employees who are satisfied with their roles often say they enjoy the opportunity to move to a different department. It appears that management, not unruly customers, is the main source of frustration for Walmart employees.
19. Does Wal-Mart have positions for fresh graduates?
Walmart positions itself as a provider of great opportunities for aspiring professionals. The company offers internships to students of all educational levels.
Walmart internships range from accounting to software engineering and everything in between. Walmart offers many excellent full-time job opportunities for college graduates, including data scientists, IT specialists, and more.
How is Walmart responding to challenges to its reputation?
Perhaps it goes without saying that people don’t always see Walmart in a positive light. What is the retailer doing to help improve its image?
