It’s no secret that Walmart is a festering hive of humanity and "stuff", brimming with the cheapest items imaginable, and oddly delicious potato wedges. Walmart Inc. is an American multinational retail corporation that operates a chain of hypermarkets, discount department stores, and grocery stores. Headquartered in Bentonville, Arkansas, the company was founded by Sam Walton in 1962 and incorporated on October 31, 1969.