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 >
Lowe's and Walmart are independent companies, and neither owns the other. Lowe's is owned by Lowe's Company Inc., and Walmart is owned by Wal-Mart Stores Inc.Full Answer >
As of April 2015, five Walmart stores that are located in Texas, Oklahoma, Florida and California were temporarily closed for a six-month period. The California location was located in the city of Pico Rivera, while the two Texas locations are in Livingston and Midland.Full Answer >
Walmart is not a franchise organization. All of the stores are owned and operated by the parent company.Full Answer >