Walmart
The biggest chain of supermarkets and discount stores in the world.
📖 Its story
Sam Walton had a little store in a small town in Arkansas and dreamed of selling things cheaper than anyone. In 1962 he opened the first Walmart in Rogers, Arkansas. His idea of low prices every day led him to have stores in many countries, including Mexico.
💵 How it makes money
By selling tons of products with a small profit on each one, and also with memberships like Sam's Club and with advertising.
🤯 Fun fact
In Mexico, Bodega Aurrerá, Walmart and Sam's Club are part of Walmart de México (Walmex).
👍 The good part
Its low prices bring in millions of customers every week.
⚠️ The risk
It makes very little on each product, so if its costs go up, its profits get squeezed.
🧠 Did you get it?
In what U.S. state did the first Walmart open?
🗂️ Quick facts
- Founded in: 1962
- Founded by: Sam Walton
- Home: Bentonville, Arkansas, USA
🔎 How to find it on the stock market
- Search the internet for WMT stock.
- You can also find it in your parents' investing app with the letters WMT.
- Check how much one share costs and whether today it's green (went up) or red (went down).
🎮 Buy it in the game
Soon you'll be able to invest your Monis in Walmart. Ask your mom or dad to join the list.
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