In 2023, Walmart reported global revenue of $514.4 billion. Since then, they have seen a 97% increase in e-commerce sales.
The growing e-commerce industry represents Walmart’s biggest challenge, with Amazon emerging as its nearest competitor.
If you are seeking up-to-date Walmart statistics, trends, and facts, plus how Walmart is staying competitive in 2023, look no further!
10 Key Walmart Statistics & Facts
Here are some key Walmart statistics and facts that give a good glimpse into the company’s current market standing:
- Walmart has at least 11,443 retail units worldwide.
- More than 90% of Americans live within 10 miles of a Walmart.
- An estimated 270-275 million people visit Walmart every day worldwide.
- Walmarts retail sales doubled their nearest competitor in 2020.
- Walmart reported revenue of $514.4 billion in 2019.
- Revenue increases by 2-3% every year.
- Walmart has improved the fuel efficiency of its trucks by 84.2% since 2005.
- Walmart has set the goal of reducing its CO2 emissions by 1 gigaton by 2030.
- Walmart is in the process of considering at least 175 American manufacturers to add their products to its shelves.
- Walmart is starting to roll out its standalone health clinics that offer $25 medical check-ups.
33 Walmart Statistics & Facts In 2023
Below, you will find an extensive list of Walmart statistics and facts ranging from the history of Walmart, growth of the company, logistics, store numbers, and more.
The History Of Walmart
See below how Walmart grew from a single discount store in Arkansas to a global giant, all in a few decades.
1. Walmart Has Boosted Its Dividend Every Year
Walmart grew at an astounding pace, as the company has boosted its dividend every year since 1974. During the second half of the 1990s, the rate of return rose from 12.50K% to just over 90K%.
Although there hasn’t been growth quite like those early days, there was a sharp rise in returns once again around the 2011-2012 timeframe when returns rose from approximately 70K% to around 100K%. This means that the stock returns have experienced periodic rapid growth, even after the initial boom of the late 1990s.
2. Walmart Was Listed On The NYSE 14 Years After Its Founding
This is all pretty impressive for a retailer that hadn’t officially set up shop until 1962 when they had just one store in Arkansas. By 1968, the brand left Its home state for the first time by opening branches in Missouri and Oklahoma’s neighboring states.
Fourteen years after its founding, Walmart was listed on the New York Stock Exchange (even though there are no Walmarts in New York city to this day).
This is quite the feat when you consider just how long it takes for a company to be able to get up off its feet, even if long-term viability is reached.
Walmart Market Share And Trend Statistics
Nearly everybody in America lives within close range of a Walmart. Learn more here about just how much of a meteoric rise the retailer has had over the years and why there’s good reason to believe that it’s not over.
3. More Than 90% Of Americans Live Within 10 Miles Of A Walmart
Here’s a statistic that shows how widespread the retailer’s influence is: at least 90% of Americans live within 10 miles of a Walmart store. It would be safe to say that nearly everybody in the US has visited one of these stores at least once in the past month.
4. A 2-3% Increase In Revenue Every Year
Walmart continues to enjoy yearly increases in revenue. In 2020, the store reported a 1.86% increase in annual revenue from 2019.
There was a 2.81% increase in revenue in the previous annual cycle, which is a typical increase in a normal year where there are no special circumstances, such as global pandemics, that can cut significantly into revenue. The total revenue in 2019 was $514.4 billion.
5. How Many People Visit Walmart every day?
An estimated 270-275 million visitors walk through the doors every week at Walmarts across the globe. This equates to just under 40 million visitors per day at nearly 11,500 stores worldwide. This far and away exceeds other major retailers, such as Walgreens, which sees 6 million visitors per day.
6. $387.6 million in sales in 2018, More Than Double The Nearest Competitor
Walmart is currently dominating the US market with $387.6 million in sales in 2018. Their closest competitor was Amazon, with $120.93 million, while Kroger took third place with $119 million in sales. Add in their sales overseas, and Walmart is the leading retailer worldwide by a wide margin.
To learn more about Walmart and their biggest retail competitor, Costco, you can see my guide on the differences between these two companies.
7. 3,570 Supercenter Locations
In 1988, Walmart introduced its first Supercenter store. Since then, the list has expanded to include over 3,570 Supercenter stores across the US. These locations serve as a one-stop-shop where customers can fulfill most, if not all, of their needs in one fell swoop. The impact of the Supercenter expansion changed retail forever, with major competitors following suit.
8. More Customers Taking Advantage Of Curbside Pickup
Walmart offers home delivery in many areas, where customers can order online from a local store and have items delivered straight to their house.
Customers also can order items online and then drive to the store for a curbside pickup. These services are widely popular with customers, particularly the elderly, who may not have the mobility to walk the aisles of a superstore.
Even before the events of 2020, it was estimated that 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 Valued Departments
Walmart continues to expand and update its various departments to meet the current trends.
One such example is the updates that the retailer has recently made to its produce section, such as organizing its organic items and making it easier for customers to find what they’re looking for.
Walmart Logistic Statistics
Walmart continues to improve its shipping network, giving credence to the theory that the company can experience further growth.
10. An Extensive Freight Network
Walmart has a fleet of over 6,000 trucks operating in the US, logging millions of miles as they traverse the continent to deliver packages.
The retailer has also invested in intermodal transport to cut down on transit times for e-commerce. This allows them to transition easily from truck to rail and then back to truck again.
11. An 84.2% Improvement In Fuel Efficiency
In 2005, Walmart set a goal of doubling the fuel efficiency of their transportation network. Since 2007, the retailer has delivered 830 more million cases and traveled 300 million fewer miles versus the 2005 baseline.
Several strategies have helped them accomplish this feat:
- Effective driving techniques leading to less idle time
- Improved aerodynamics and fuel-efficient tires
- More efficient loading and routing of merchandise
12. E-Commerce Sales Grew By 97%
Since 2019, e-commerce saleshave grown for Walmart by a whopping 97% in the second quarter of Fiscal Year 2021.
At this point, it is evident that there has been a rapid shift in the retail industry, where more and more customers are enjoying the perks of shopping online from the comfort of their own homes.
How Many Walmarts Are There Around The World?
There are at least 11,443 Walmart stores in the world. Continue below 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 banners, bringing the store total to approximately 11,443. Given recent trends, they are likely to continue building brick-and-mortar stores in countries open for business.
This is without considering the effects of Walmart’s e-commerce network, which connects wholesalers with customers worldwide.
14. Other Than America, Which Country Has The Most Walmarts?
The US does have the most Walmart stores of any nation, but there are quite a few locations in other countries. Other than the US, the four countries that have the most Walmarts (as of 2019) are:
- Mexico: 2,442
- United Kingdom: 631
- China: 438
- Canada: 408
There are also 442 stores in Africa and 836 stores in Central America. Other than the UK, there are not currently any other Walmart stores in Europe.
Walmart Employee Facts & Statistics
How many employees does Walmart have, and what is the company doing to ensure that they are taking care of them? Continue below to hear the answers to these questions.
15. How Many Employees Does Walmart Have?
Walmart employs over 2.2 million associates worldwide, with 1.5 million of those in the US. These hourly associates can be motivated by upward mobility, as 75% of managers are in-store hires that started their career as bottom-rung associates.
16. Making Walmart a Better Place to Work by Offering Employees $4 Telehealth Services
Walmart has been increasing the number of health benefits for its employees through several new programs. Staff members can now access virtual care visits through the Doctors On Demand platform for a cost of just $4.
This service is not available to employees in every state yet, but it does continue to expand.
17. How Much Are Walmart Employees Paid? Around 50% Make $15/hr Or Higher
In February 2021, Walmart announced that 425,000 employees would soon be making $13-$19 per hour. This is significant because it will put approximately half of Walmart employees in the wage class of $15 an hour or greater.
This should further help Walmart retain more of its well-performing employees.
18. Are Employees Happy to Work at Walmart?
The balance between securing consistent revenue and maintaining employee morale is a tough act for any business, regardless of industry.
Employee satisfaction surveys reveal mixed results, although it is encouraging that 55% of Glassdoor respondents confirm that they would recommend their current gig to a friend.
Employees who are satisfied with their position tend to say that they enjoy the opportunity to transition to different departments. It seems that management, not unruly customers, is the primary source of frustration for Walmart staff.
19. Does Walmart Have Positions for College Graduates?
Walmart has positioned itself as a provider of great opportunity for aspiring professionals. The company offers internships for students at a wide range of education levels.
Walmart internships range from accounting to software engineering and everything in-between. Walmart has many excellent full-time job opportunities for college graduates, including data scientists, IT specialists, and much more.
How Is Walmart Responding To Challenges To Its Reputation?
Perhaps it goes without saying that Walmart is not always seen in a positive light. What is the retailer doing to help improve its image?
20. Walmart Invited 800 American Manufacturers To A Virtual Product Pitch
Another common source of negative feedback is the undeniable impact that Walmart can have on its small-business competitors that the retailer shares the market with. The good news is that Walmart is seeking to mend its reputation by adding more Made in The USA products to its shelves.
In 2020, the retailer invited 800 American manufacturers to its first-ever virtual U.S.-made product pitch. Of the 800 companies invited, 175 of them were advanced to the next stage for getting their product on Walmart & Sam’s Club shelves. Another 450 candidates were added to the “under consideration” category.
21. Is Walmart Doing Anything to Reduce Its Carbon Emissions? The Answer Is Yes
Many would argue that Walmart bears a significant portion of the responsibility for reducing carbon loading and other sources of pollution. The good news is that Walmart is indeed playing a role in reducing both of these.
In 2010, Walmart started a project to remove 20 million metric tons of greenhouse gases from its supply chain. The company was able to surpass that goal and now has its eyes set on a more ambitious project: remove 1 gigaton by 2030.
22. 35% Fewer Calls To Police, Despite Losses To Theft
A company of Walmart’s size would lose money if they spent more resources trying to deter theft. That being said, Walmart does lose a whopping $3 billion per year to theft, representing 1% of its revenue.
Rather than punish shoplifters to the full extent of the law, Walmart has sought to instead offer low-risk offenders a restorative justice program. This resulted in a 35% decrease in the number of calls to law enforcement.
23. Walmart Lost $2 Billion Due To E-Commerce Services
As with every business, there will be stories of success matched with at least some flops. By buying into the growing e-commerce sector, Walm-Mart has unfortunately experienced a few failures in recent years. Walmart lost $2 billion in 2019 alone due to its e-commerce aspirations.
This is mostly because the company purchased e-commerce clothing lines like Bonobos and ModCloth, which ended up being largely unprofitable.
Walmart Emerging Market Statistics
The company continues to expand its operations. Learn more about Walmart’s ambitions to tap into new resources and what they are doing to make their stores more efficient.
24. Walmart’s Answer To The Neighborhood Supermarket
Since 2013, Walmart has been opening neighborhood supermarkets under the banner of Walmart Neighborhood Market. At 1/5th the size of Supercenters, these stores better fit the mold of the cozy local supermarkets. As of 2021, the company has opened 686 Neighborhood Market locations.
25. Added Third Party Vendors To Fulfilment Services In 2020
In 2020 Walmart launched a new service in which it will allow third-party vendors to use the retailer’s logistics network to store and ship items. The company hopes that this new service will help it better compete with other major online retailers such as Amazon.
26. Walmart Now Has At Least 6 Stand-Alone Health Clinics
Walmart opened its first standalone health clinic in Dallas, GA during the fall of 2019 under Walmart Health’s banner.
The company’s network of such health centers is growing rapidly, with new locations in Georgia, Arkansas, Missouri, Florida, and Illinois confirmed thus far. This further highlights the company’s continued ambitions to enter into new sectors.
27. $30 Medical Check-Ups & $25 Teeth Cleanings
At its Walmart Health locations, the company is offering $30 medical check-ups, $25 teeth cleanings, and mental health counseling for $1 per hour. This offers Walmart a chance to provide affordable healthcare to many millions of Americans.
28. A New $98/year Subscription Service, Walmart Plus
In 2020, Walmart launched an internet subscription service intended to be a direct competitor of Amazon Prime.
The subscription costs $98/year compared to Amazon Prime’s annual fee of $119/year. Perhaps the price difference has gained Walmart Plus so many subscribers, as shown in the next section.
Services covered include:
- Unlimited same-day delivery for at least 160,000 grocery items.
- Discounts on fuel at 2,000 Walmart, Murphy USA, and Murphy Express gas stations
- Touch-free checkout using the Scan & Go App.
29. 11% of Americans Signed Up For Walmart Plus Within Two Weeks
Reports show that 11% of Americans signed up for the Walmart Plus subscription service within two weeks of its initial launch. A survey of 20,179 respondents found 38% of them thought that Walmart Plus would be competitive with Amazon Prime in the long run. It is still a little early to make an official judgment, but it certainly appears that the Walmart Plus program could be here to stay.
30. Walmart Is Piloting A New Self-Checkout Format That Removes Lanes
At an Arkansas pilot store, Walmart is in the process of experimenting with a new self-checkout format that will leave all the point-of-sale terminals out in the open, ideally reducing the amount of time that customers spend in line.
Here’s how it works:
- Every self-checkout lane is placed in a wide-open location.
- There will be no checkout lanes.
- Cashiers will act as hosts, either directing customers to self-checkout lanes or helping them to work the machine and bag their items.
You can also see my post on how Walmart is using AI for tracking shoplifting in its stores.
31. Walmart Can Reduce Cashier Training Time From 40 Hours To 8 Hours
Walmart has found a way to reduce the time it takes to train a cashier from 40 hours to 8 hours. The reason for this lies in the company’s transition to self-checkout services where cashiers become hosts, helping customers navigate the checkout process. Walmart also hopes that greater automation allows employees to interact more personally with customers versus more traditional methods.
32. Walmart Has Free 2-Day Shipping
To better compete with other major online retailers, Walmart introduced 2-day free shipping in 2017. The 2-day free delivery program applies to more than 1,000 essential items, including clothing, household items, and medicine, among various other everyday products.
33. Walmart Owns 4.7% Of The Market Share In The US Pharmacy Industry
Walmart’s Pharmacy owns 4.7% of thepharmacy retail industry’s market share (as of 2019). This puts them in the top 5 among all US pharmacies in terms of revenue. This further highlights the company’s ability to expand its operations outwards into new sectors and be successful in doing so.
To learn more about this retail giant, you can also see my other posts on Walmarts competitive advantages, their plastic bag recycling program, how much Walmart makes per day, and how they failed to take on in Germany.
Additionally, if you are wanting to learn more about Walmart and other retail companies, you can view our retail companies page where we cover more retail stores in detail.
It has become clear that Walmart’s nearest competitor is e-commerce giant Amazon. As such, Walmart continues to evolve to match the changing economy. They are also tapping into resources that may be underused, such as local health clinics capable of providing affordable medical check-ups.