Walmart WMT

Founded in 1962 by Sam Walton in Rogers, Arkansas, Walmart revolutionized retail with its model of low prices and vast selection. Known for its aggressive expansion and the ubiquitous blue-and-yellow storefronts, Walmart became a retail titan, especially after its 1993 launch of its supercenter format combining groceries and general merchandise. The company, currently valued at over $350 billion, has faced its share of controversies, including labor disputes over wages and working conditions, as well as criticisms regarding its impact on local businesses and supply chains. Its achievements are tempered by these scandals, but its dominance in retail remains undeniable, as it continues to shape consumer habits and market dynamics.