|Price Range 12mo avg:||$2M – $14.8M|
|$/sf 12mo avg:||$177.97|
|CAP Rate 12mo avg:||5.92%|
|Lease Terms:||21yrs NNN|
|Building Size avg:||71,900 SF|
|Lot Size avg:||7+/- acres|
Wal-Mart Stores, Inc., (NYSE: WMT), is an American multinational retail corporation that operates a chain of discount department stores and warehouse stores. Headquartered in Bentonville, Arkansas, the company was founded by Sam Walton in 1962 and incorporated on October 31, 1969. It has almost 11,000 stores in 27 countries, under a total 71 banners.
Walmart is the world’s largest company by revenue, according to the Fortune Global 500 list in 2014, as well as the biggest private employer in the world with 2.2 million employees. Walmart is a family-owned business, as the company is controlled by the Walton family, who own over 50 percent of Walmart through their holding company, Walton Enterprises. It is also one of the world’s most valuable companies by market value, and is also the largest grocery retailer in the U.S. In 2009, it generated 51 percent of its US$258 billion (equivalent to $284 billion in 2015) sales in the U.S. from its grocery business.
The company was listed on the New York Stock Exchange in 1972. In the late 1980s and early 1990s, the company rose from a regional to a national giant. By 1988, Walmart was the most profitable retailer in the U.S. and by October 1989, it had become the largest in terms of revenue. Geographically limited to the South and lower Midwest up to the mid 1980s, by the early 1990s the company’s presence spanned from coast to coast – Sam’s Club opened in New Jersey in November 1989 and the first California outlet opened in Lancaster in July 1990. A Walmart in York, Pennsylvania opened in October 1990, bringing the main store to the Northeast.
|S&P Credit Rating:||AA|
|Moody’s Credit Rating:||Aa2|
|Annual Revenue 2014:||$476.3B|
|Annual Revenue 2013:||$468.7B|
|Revenue Growth:||↑ 1.6% from 2013|
|Units (Dec. 2014)||10,942|
|Average Units Volume:||$43.2M|
Yahoo! Finance: WMT News Latest Financial News for WMT
Walmart and Sam’s Club’s “Fight Hunger. Spark Change.” Campaign Aims to Achieve Big Impact Toward Hunger Relief
on April 22, 2019 at 4:01 am
Campaign Aims to Help Feeding America Secure 1 Billion Meals for Local Food Banks […]
Walmart partners with Kidbox styling service for kids
on April 21, 2019 at 1:15 pm
Walmart is teaming up with Kidbox, the 3-year-old online styling service for children, to offer its customers an exclusive, curated style box. Starting Tuesday, Walmart customers will get access to more than 120 premium children's brands. The style box will include about five fashion items for $48, about 50% off the suggested retail price of the bundled items. […]
Costco vs. Sam's Club: What's the Difference?
on April 20, 2019 at 5:20 pm
Other retailers must find different ways to drive consumers to their businesses. We see those that focus on healthy foods, locally grown or made products, specialty niche stores, those that only carry high-end brands, those that only carry low-end brands, and in the case of Costco Wholesale Corp. (COST) and Walmart unit Sam’s Club, those that only sell in bulk. Costco is considered the original bulk retailer. […]
Walmart Wants to Take On Amazon in Digital Advertising
on April 20, 2019 at 3:10 pm
Two of the world's premiere retailers are battling for the hearts and minds of shoppers everywhere. […]
Walmart Jumps on the Clothing Subscription Bandwagon
on April 19, 2019 at 11:07 pm
Why is Walmart offering a “Stitch Fix for kids”? […]