5 Most Valuable Retail Companies In The World

3. Walmart Inc. (NYSE:WMT)

Market Capitalization as of January 31: $383.674 Billion

Walmart Inc. (NYSE:WMT) engages in retail and wholesale operations worldwide. The company operates through three segments – Walmart U.S., Walmart International, and Sam’s Club. Walmart Inc. (NYSE:WMT) runs supercenters, supermarkets, hypermarkets, cash and carry stores, discount stores, membership-only warehouse clubs, and ecommerce websites. It is one of the most valuable retail companies in the world. 

In its Q2 2021 investor letter, ClearBridge Investments, an asset management firm, highlighted a few stocks and Walmart Inc. (NYSE:WMT) was one of them. Here is what the fund said:

“The pandemic has created challenges for businesses large and small; one major challenge for large essential retailers such as ClearBridge holdings Home Depot, Walmart Inc. (NYSE:WMT) and Costco have been ensuring adequate staffing to meet demand under trying conditions. All three instituted enhanced pay practices during the pandemic, with raises, unplanned bonuses and other benefits helping compensate employees for their efforts in a difficult environment. In September 2020 Walmart raised wages for 165,000 employees, including a number of entry positions to $15 an hour. It followed this in February with a raise for 425,000 workers that moved its average pay above $15 an hour.”