10 Amazing Facts about Retail Giant Walmart

BANGALORE: Walmart is America's biggest retailer. Sam Walton opened the first Walmart in 1962 at the age of 44 in Rogers, Arkansas, which evolved from his goals for greater value and customer service. Walmart rose to become a national giant retailer which seeks to dominate a market, it estimates will be valued at $50 billion by 2020, and it is counting on its online operations to help fuel sales as it grapples with a slowdown both at home and abroad, reports Adrian Asis of TheRichest.

Walmart spreads across 27 countries having 11,000 stores and is listed under 55 different names. These include, Walmex in Mexico, Asda in the UK, Seiyu in Japan, and Best Price in India. Here are ten amazing facts about Walmart that are unknown to many.

#10. In 2013, Walmart Recorded an Average of More Than $1.29 Billion in Sales Each Day

One of every four dollars Americans spend on groceries is spent at Walmart. That makes the company bigger than even Home Depot, Target, Kroger, Sears, Costco and K-Mart combined. If Walmart were a country, the $473 billion it grossed in 2013 would have made it the 27th largest economy in the world ahead of Austria ($415 billion) and behind Argentina ($488 billion).

#9. Walmart Has Been the Most Searched Destination on TeleNav GPS Systems

TeleNav is one of the largest global location-based service providers, which enable mobile users to navigate their way around the world, provide interesting information. In 2009 and 2010, it is reported that Walmart was the most searched destination.

#8. Bananas Are the Best-selling Items at Walmart

Walmart sold more bananas than any other item. Brooke Buchanan, Senior Director of Corporate Communications at Walmart, said, “Customers love bananas because they’re an easy, healthy food to pack and eat and very affordable. Kids also love bananas, and so a lot of customers are probably thinking of their children.”

READ MORE: 4 Indians In Forbes Heroes Of Philanthropy List AND

India Third Largest Economy After U.S. And China