30+ Jaw-Dropping Walmart Statistics [2023]: Facts About the Largest Retailer in the World - Zippia (2024)

Research Summary. Everyone knows Walmart is big, but you might not be aware of just how massive this retail giant truly is. In fact, for some time now, Walmart has been the largest retailer in the world and shows no signs of losing that position. To understand just how big Walmart really is, we’ve done our research, which shows that:

  • Walmart has 10,593 locations worldwide as of 2023.

  • Walmart’s annual revenue is currently $572.75 billion.

  • 140 million customers visit Walmart either online or in-person every week.

  • Walmart operates locations across 20 countries.

  • Walmart has 4,650 locations in the U.S. as of November 2022.

For further analysis, we broke down the data in the following ways:
Products | Employees | Company Stats | eCommerce | Shoppers | Trends
30+ Jaw-Dropping Walmart Statistics [2023]: Facts About the Largest Retailer in the World - Zippia (1)

Walmart Statistics by Products

Walmart wouldn’t be as huge as it is without products consumers want to buy. To understand what Walmart sells and why, here are some interesting stats about the company’s products:

  • Walmart sells roughly 160 million products.

    This massive number includes online products, which vastly inflate the numbers. For instance, the average brick-and-mortar Walmart store has around 120,000 items of various categories available for purchase.

  • Bananas are Walmart’s #1 most popular product, with the company selling over 1.5 billion pounds of them each year.

    That’s a lot of bananas, but Walmart has additional popular products it sells as well. Overall, the company’s top ten best selling include:

    • Toilet Paper (330 million rolls each week)

    • Slow Cookers

    • Televisions

    • Google Chromecast

    • Flushable Wipes

    • Disposable Washcloths

    • Paper Towels

    • Insulated Tumblers

    • Pillows

  • Groceries make up 55.7% of Walmart’s sales.

    Despite the fact that Walmart sells millions of products, the majority of sales come from groceries. In fact, general merchandise lags behind at 32% of sales, followed by health and wellness (10.9%) and other products (1.4%).

    30+ Jaw-Dropping Walmart Statistics [2023]: Facts About the Largest Retailer in the World - Zippia (2)

Walmart Statistics by Employees

As the largest retailer in the world, Walmart relies on millions of workers as its backbone. From newly hired associates to the highest level executives, our extensive research shows that:

  • Walmart has 1.6 million active employees in the U.S. alone.

  • Worldwide, Walmart has 2.3 million employees (700,000 abroad).

  • 75% of U.S. Walmart managers started as hourly employees.

  • The average wage for a Walmart employee is $14.76 per hour.

  • Walmart’s CEO, Doug McMillon, made $25.7 million in 2022 alone.

  • Women represent 57% of Walmart’s workforce, slightly above the natural male/female split of 51.1% in the U.S.

  • There are around 14,500 U.S. Walmart employees who are currently on welfare programs like SNAP food stamps.

Walmart Company Statistics

Walmart has to make a large income and have a large market share to be successful. When it comes to the overall health of the company, here are some insights our research uncovered:

  • Walmart has a 9.5% market share in the American Retail Industry.

    That means out of the thousands of retail establishments and companies in the U.S., Walmart manages to dominate a tenth of the entire market. However, that doesn’t mean the company is without its competitors.

    For instance, between 2019-2020, Amazon’s market share jumped from 6.8% to 9.2%, likely due to the Pandemic. That puts the two companies in a neck-and-neck race for American retail dominance.

  • Walmart’s annual income is roughly $13.94 billion as of 2022.

    That’s a 1.5% increase from 2021 when the company’s net income was around $13.7 billion. Though, both of these figures are considerably lower than the company’s 2020 income, which reached a whopping $15.2 billion.

    30+ Jaw-Dropping Walmart Statistics [2023]: Facts About the Largest Retailer in the World - Zippia (3)

  • U.S. Walmarts make up 69% of the company’s overall sales.

    This is then followed by International Walmarts (18%) and Sam’s Club at only 13%. Even combined, these other two divisions don’t hold a candle to U.S. Walmart sales.

    30+ Jaw-Dropping Walmart Statistics [2023]: Facts About the Largest Retailer in the World - Zippia (4)

  • Texas has more Walmarts than any other state, with 601 stores.

    That’s almost double that of the next runner-up, Florida, which has 386 Walmarts. Additionally, other states with a large number of Walmarts include California (321), North Carolina (216), and Georgia (215).

    StateNumber of Walmart LocationsPercentage of Total U.S. Stores
    Texas60111.20%
    Florida3867.20%
    California3215.99%
    North Carolina2164.03%
    Georgia2154.01%
    Illinois1903.54%
    Ohio1743.25%
    Pennsylvania1633.04%
    Missouri1582.95%
    Virginia1512.82%
  • Vermont has the least number of Walmarts, with only six across the entire state.

    There are a few states with less than ten Walmarts, including Alaska and Rhode Island, with nine stores. However, there is no state in the entire U.S. without a single Walmart.

    StateNumber of Walmart LocationsPercentage of Total U.S. Stores
    Vermont60.11%
    Alaska90.17%
    Rhode Island90.17%
    Delaware100.19%
    Hawaii120.22%
    Wyoming140.26%
    Montana160.30%
    South Dakota170.32%
    North Dakota170.32%
    Maine250.47%

Walmart Statistics by eCommerce

Though Walmart doesn’t dominate the eCommerce market nearly as much as it dominates brick-and-mortar retail, the company still has a strong foothold. To understand just how much emphasis Walmart has been putting on eCommerce in recent years, here are some interesting facts about just that:

  • Between 2020 and 2022, Walmart’s eCommerce sales grew by 90%.

    The COVID-19 Pandemic created a huge eCommerce migration for consumers, and Walmart has been no exception. In Q2 of 2021 alone, the company’s eCommerce sales experienced a 97% year-over-year increase.

  • Walmart has a 6.6% eCommerce market share.

    While this is the second-highest market share in the country, it’s still far behind Amazon. Amazon is the most massive eCommerce retailer in the U.S., with a market share of 41%. Additionally, other companies close behind Walmart include eBay (4.2%) and Apple (4%).

  • As of March 2022, Walmart received 612.8 million website visits.

    That number is up 57.7% from March of 2020 (the start of the Pandemic) when there were 388.5 million visitors to the website.

Walmart Statistics by Shoppers

From mothers looking for new baby supplies to young men looking for hunting and camping supplies, Walmart has an inventory of items for almost any kind of shopper. Overall, when it comes to the company and its shoppers, here are the facts:

  • 90% of Americans live within 15 minutes of a Walmart.

    That means there are roughly 297 million Americans within a 15-minute driving distance of a Walmart. Further, 75% of Americans (247 million) are actually five minutes from the nearest Walmart.

  • Globally, Walmart serves 37 million customers every single day.

    In fact, just one Walmart Supercenter in the U.S. serves an average of 10,000 customers every single day. No wonder why the brick-and-mortar stores have so many items on the shelves.

  • 82% of small and medium businesses report reduced costs after adopting cloud tech.

    Further, 59% of these businesses also report productivity benefits for their IT teams/departments. With these numbers in mind, it’s no surprise that 78% of small and medium businesses have already chosen to adopt the cloud.

  • 24% of Walmart shoppers are between 25-34 years old.

    This makes up the largest percentage of the store’s shoppers, but shopping is fairly evenly spread throughout the different age brackets. For example, 17% of Walmart shoppers are 35-44, 18% are 45-54, 16% are 55-64, and 18% are 65+.

  • The average Walmart shopper has an income of $76,000 per year.

    That’s 9.5% less than the average Target shopper, which has an income of $84,000. Overall, 16% of Walmart shoppers make $25,000 or less, 22% make $25,000-$49,900, 19% makes $50,000-$74,900, 15% make $75,000-$99,900, and 30% make $100,000 or more.

Walmart Trends and Projections

Walmart might be the top dog in the American Retail industry right now, but will it stay that way? To understand where Walmart might be headed in the future, here are some interesting trends and projections:

  • Between 2012 and 2022, the number of Walmart stores worldwide increased by 8.47%.

    In 2012, there were 9,766 Walmarts around the globe, and today there are 10,593. However, it’s important to note that the number of stores actually decreased by 7.43% between 2021 and 2022, as there were 11,443 just one year ago.

    30+ Jaw-Dropping Walmart Statistics [2023]: Facts About the Largest Retailer in the World - Zippia (5)

  • Between 2012 and 2022, Walmart’s annual revenue increased by 28.27%.

    In 2012, Walmart had annual revenue of $446.5 million. However, as of 2022, the company made $572.75 billion. In fact, there hasn’t been a single year, aside from 2016, where Walmart’s revenue didn’t increase.

    30+ Jaw-Dropping Walmart Statistics [2023]: Facts About the Largest Retailer in the World - Zippia (6)

  • Mexico has the largest number of Walmarts outside of the U.S., with 2,448 stores.

    Believe it or not, Mexico has 23.1% of the world’s Walmarts, at around half the number of stores as the U.S. Other countries with a considerable number of Walmarts include the U.K. (633), China (433), and Canada (411).

    CountryNumber of Walmart LocationsPercentage of Total Stores
    United States4,65050.37%
    Mexico2,44823.10%
    United Kingdom6335.97%
    China4334.09%
    Canada4113.88%
    South Africa3903.70%
    Chile3753.54%
    Japan3313.12%
    Costa Rica2572.43%
    Guatemala2502.36%

Walmart Statistics FAQ

  1. What is the best-selling item at Walmart?

    Bananas are regularly Walmart’s best-selling item. Overall, the company sells over 1.5 billion pounds of bananas each year, making it one of the largest banana vendors in the world. Others among the company’s top ten best selling include:

    • Toilet Paper (330 million rolls each week)

    • Slow Cookers

    • Televisions

    • Google Chromecast

    • Flushable Wipes

    • Disposable Washcloths

    • Paper Towels

    • Insulated Tumblers

    • Pillows

  2. How much does the average Walmart store make a year?

    The average U.S. Walmart store makes approximately $1.1 billion per year. That’s $3 million in sales every single day. And, given that 90% of U.S. residents live within 15 minutes of a Walmart, it’s unsurprising that stores see such high sales numbers, even if the average customer doesn’t spend very much.

  3. How many customers does Walmart get a day?

    Globally, Walmart serves 37 million customers every single day. In fact, just one Walmart Supercenter in the U.S. serves an average of 10,000 customers every single day. No wonder why the brick-and-mortar stores have up to 120,000 items available on the shelves.

  4. What is Walmart’s annual revenue?

    Walmart’s annual revenue is currently $572.75 billion. That’s a number that has been steadily increasing over time. For instance, between 2012 and 2022, Walmart’s annual revenue increased by 28.27%, from $446.5 million. In fact, there hasn’t been a single year, aside from 2016, where Walmart’s revenue didn’t increase.

  5. How many Walmarts are there in the world?

    As of 2022, there are 10,593 Walmarts in the world. This number is divided between 4,650 locations in the U.S. (50.37%), 2,448 stores in Mexico (23.1%), and stores in the hundreds among 26 other countries.

    The number of Walmarts in the world has also fluctuated over time. Between 2012 and 2022, the number of Walmart stores worldwide increased by 8.47%, from 9,766 to 10,593. However, the number of stores actually decreased by 7.43% between 2021 and 2022, as there were 11,443 just one year ago.

  6. How many people work at Walmart?

    Worldwide, Walmart has 2.3 million employees. This number is divided among sales associates, managers, backroom workers, and other forms of staff who keep the store in operation. Overall, the total number is split between 1.6 million U.S. employees and 700,000 abroad.

Conclusion

As the largest retailer in the United States, Walmart is also one of the wealthiest and most well-known companies around the world. In fact, the company’s massive size has allowed it to employ 2.3 million people worldwide at over 10,500 stores, as well as rake in a whopping $572.75 billion in revenue as of 2022.

Overall, Walmart’s considerable size will allow it to continue as a major U.S. and global retailer, even if the company has fallen far behind Amazon in the realm of eCommerce.

Sources:

  1. Walmart. “Past, present and potential.” Accessed on April 18th, 2022.

  2. Statista. “Revenue of Walmart worldwide from fiscal year 2012 to 2022.” Accessed on April 18th, 2022.

  3. QuerySprout. “How Many Products Does Walmart Sell? (Mind Blowing).” Accessed on April 18th, 2022.

  4. QuerySprout. “11 Most Sold Items At Walmart [You’d Never Guess It!].” Accessed on April 18th, 2022.

  5. Statista. “Net sales share of Walmart U.S. in the United States in fiscal year 2022, by merchandise category.” Accessed on April 18th, 2022.

  6. Walmart. “About.” Accessed on April 19th, 2022.

  7. USA Today. “How much do Walmart workers make? This is the average hourly wage, number of employees in each state.” Accessed on April 19th, 2022.

  8. OnYourSide. “Pay for top six Walmart execs reaches almost $80 million.” Accessed on April 19th, 2022.

  9. Walmart. “Workforce Diversity.” Accessed on April 19th, 2022.

  10. Pymnts. “Amazon And Walmart Are Nearly Tied In Full-Year Share Of Retail Sales.” Accessed on April 19th, 2022.

  11. Statista. “Share of Walmart’s net sales worldwide in fiscal year 2022, by division.” Accessed on April 19th, 2022.

  12. Statista. “Number of Walmart stores in the United States as of 2022, by state.” Accessed on April 19th, 2022.

  13. Digital Commerce. “Walmart’s ecommerce sales grow 11% in fiscal 2022.” Accessed on April 19th, 2022.

  14. Statista. “Market share of leading retail e-commerce companies in the United States as of October 2021.” Accessed on April 19th, 2022.

  15. Semrush. “March 2022 Traffic Stats.” Accessed on April 19th, 2022.

  16. The Motley Fool. “5 Things You Didn’t Know About Wal-Mart Stores Inc.” Accessed on April 19th, 2022.

  17. Insider. “This is what the average Walmart shopper looks like.” Accessed on April 19th, 2022.

  18. Statista. “Number of Walmart stores worldwide from fiscal year 2008 to 2022.” Accessed on April 19th, 2022.

  19. WorldAtlas. “Walmart Locations By Country.” Accessed on April 19th, 2022.

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30+ Jaw-Dropping Walmart Statistics [2023]: Facts About the Largest Retailer in the World - Zippia (7)

Author

Jack Flynn30+ Jaw-Dropping Walmart Statistics [2023]: Facts About the Largest Retailer in the World - Zippia (8)

Jack Flynn is a writer for Zippia. In his professional career he’s written over 100 research papers, articles and blog posts. Some of his most popular published works include his writing about economic terms and research into job classifications.Jack received his BS from Hampshire College.

30+ Jaw-Dropping Walmart Statistics [2023]: Facts About the Largest Retailer in the World - Zippia (2024)

FAQs

How Walmart became the world's largest retailer? ›

Walmart became the world's largest retailer primarily because they were able to offer a broad range of products, were able to efficaciously leverage their ample potent competitive advantages, were able to rapidly expand into an exorbitant amount of international retail markets, were able to offer an exorbitant amount ...

What are the statistics of Walmart? ›

Walmart Statistics: Top Picks (2024)

The revenue of Walmart is more than $313 billion as of 2023. 5.74% of Walmart's revenue was increased in 2023. Walmart has 2.1 million employees as of 2023. Walmart U.S. contributed 69% of the total share of Walmart's net sales worldwide in 2022.

Who is Walmarts number one competitor? ›

Amazon. Without a doubt, the Seattle-based eCommerce retailer is Walmart's top competitor right now. As of 2022, Walmart's total equity is $91.891 billion. For the fiscal year 2022, the company's revenue increased by 2.43%, reaching $572.745 billion.

Is Walmart the largest retailer in the world? ›

With 2023 worldwide revenues of $611 billion, Walmart is still the largest retailer in the world, though Amazon is moving up quickly. Walmart officials report the company employs approximately 2.1 million associates in 10,500 stores in 19 countries.

Who is the largest retailer in the world? ›

The largest retailer in the world is Walmart, with a 2022 retail revenue* of $600.9 billion and 10,490 stores across 24 countries. The runner-up is Amazon, with a 2022 retail revenue of $343.3 billion and 589 stores across 21 countries.

Who owns the largest percentage of Walmart? ›

Jim Walton is the largest shareholder of Walmart (WMT -2.15%). According to the company's latest proxy statement, the third child of company co-founder Sam Walton currently owns 31,521,372 shares worth around $2.1 billion.

Is there a state without a Walmart? ›

The company has stores in all 50 states, but it does not have stores in some of the country's largest cities. There are no Walmart stores in five of the country's largest 25 cities — New York City, San Francisco, Detroit, Seattle or Boston.

How many Walmarts are in the world worldwide? ›

Walmart had a total of 10,623 retail stores throughout the world as of January 31, 2023. Additionally, the company operated 380 distribution facilities. In total Walmart operated 11,003 stores.

What is the number 1 thing Walmart sells? ›

Bananas are regularly Walmart's best-selling item.

Overall, the company sells over 1.5 billion pounds of bananas each year, making it one of the largest banana vendors in the world. Others among the company's top ten best selling include: Toilet Paper (330 million rolls each week)

Who shops at Walmart the most? ›

Numerator found that Walmart's typical shopper in the US is a white woman between 60 and 78 years old, who is married and living in the suburbs.

Who are Walmart's biggest suppliers? ›

Walmart supplier Green Dot partnered with Walmart to launch the GoBank checking account.
  1. Plug Power Inc. Plug Power (PLUG) is a leading developer of hydrogen fuel cell technology. ...
  2. Proctor & Gamble. ...
  3. HP Inc. ...
  4. Green Dot Corporation. ...
  5. Primo Water Corporation.
May 2, 2022

Why is Walmart changing their name? ›

The company, which became the largest retailer in the world with a huge chain of stores, is changing its name to reflect its increasing emphasis on e-commerce. As of Feb. 1, it will no longer be "Wal-Mart Stores" and will get rid of the hyphen and drop "stores" from its legal name.

What was Walmart originally called? ›

Walmart
Logo since June 29, 2008
Walmart location in Onalaska, Wisconsin
PredecessorWalton's Five and Dime
FoundedJuly 2, 1962 in Rogers, Arkansas October 31, 1969 in Wilmington, Delaware (incorporation)
FoundersSam Walton, Bud Walton
22 more rows

What country owns Walmart? ›

China does not own Walmart, it's an American multinational retail corporation.

Why did Walmart become so successful? ›

Walmart's success can be attributed to having their own supply chain to streamline fulfillment and cut down on costs. It also provides them with more control over their logistics network. In this article, we take a closer look at the Walmart supply chain and why it continues to be so successful decades later.

How did Walmart become a powerhouse in the retail industry? ›

Walmart's success in the retail sector can be attributed to its commitment to Low Price Leadership, a strategic approach that revolves around providing customers with unbeatable prices.

Why Walmart has had most of its international success? ›

Explain why Walmart has had most of its international success by entering markets in other countries through acquisition. Acquisitions provided a low-cost method of entering other country markets. Acquisitions enabled Walmart to enforce its American way of doing business in its global operations.

Who was the biggest retailer before Walmart? ›

Before There Was Walmart, There Was A&P
  • At one point, it was opening new stores nearly as fast — seven per day — as some competitors could open their mail. ...
  • For a stunning four-decade stretch, A&P (as it is popularly known) would hold its distinction as the nation's largest purveyor of goods.
Mar 23, 2016

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