5 Biggest Discount Store Companies in the World

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1. Walmart Inc. (NYSE:WMT)

Market Cap – $332.789 Billion

Walmart Inc. (NYSE:WMT) is a discount retailer operating around 10,500 stores and clubs and e-commerce websites in 24 countries. Apart from Walmart (NYSE:WMT) discount stores they also operate Sam’s Club which helps small businesses to save money on bulk purchases. They operate around 600 clubs in the U.S. and around 200 internationally.

Walmart (NYSE:WMT) ranks 1st in the list of the biggest discount store companies in the world because they stay ahead of the competition. They keep a track of the prices offered by competitors and if the prices are the same or lower than Walmart (NYSE:WMT) they cut their prices up to 5%. Walmart (NYSE:WMT) is creating a seamless and user-friendly experience for customers so that they can shop anything anytime through their stores or website. The main aim of Walmart (NYSE:WMT) is to focus on its strategy, Every Day Low Price (EDLP). Today customers demand convenience and low prices and Walmart (NYSE:WMT) fulfills that by providing everything under one roof and focusing on EDLP.

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