According to Walmart, its organizational structure is comprised of a management team of five CEOs of various Walmart subsidiaries. These CEOs lead several more vice presidents in charge of the various business divisions of the parent company.Know More
Below the CEOs and vice presidents are several levels of management, supervisors and hourly workers. Walmart is actually the parent company of five smaller subsidiaries that, although are still part of Walmart, act as separate companies. These subsidiaries include Walmart International, Walmart USA, Walmart Stores Inc., Sam's Club and Global eCommerce.
In addition to the executive management team at the helm of Walmart, an executive board of directors, comprised of 16 individuals who are not employees of Walmart, oversee Walmart's compliance with various laws that govern business practices both domestically and internationally. The executive board also has the power to make decisions regarding members of the executive team, including altering the organizational structure for the benefit of the company. The corporate structure of Walmart is not unlike that of many large international corporations with multiple subsidiaries and business divisions. Walmart is one of the largest employers in the United States, with more than 1.4 million domestic employees. As of 2014, its annual profits exceed $17 billion annually.Learn more about Corporations
According to Walmart's coupon policy, WIC purchases are accepted by all Walmart stores. However, certain restrictions apply to these purchases and vary based on the purchase and location.Full Answer >
Walmart accepts personal checks as long as its check verification machine accepts the check and valid identification is presented. The check verification process makes sure there are sufficient funds in the account to cover the amount of the check. Photo identification, such as a driver's license, is required to pay with a personal check.Full Answer >
As of Jan. 25, 2015, Walmart's layaway policy includes a minimum down payment with no opening fee on purchases totaling $50 dollars or more. In 2014, Walmart's layaway program ran from Sept. 12 to Dec. 15.Full Answer >
As of January 2015, bananas are the top-selling item at Walmart. This fruit has held the top spot in Walmart's sales for the past several years.Full Answer >