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Walmart Trivia Quiz Questions and Answers

Free fun long trivia quiz question with answers about Walmart

 

Walmart Trivia Quiz Questions and Answers

What is Walmart?
A: Walmart is an American multinational retail corporation.

What does it operate?
A: A chain of hypermarkets, discount department stores, and grocery stores.

In 1945, businessman and former J. C. Penney employee Sam Walton bought what?
A: A branch of the Ben Franklin stores from the Butler Brothers.

What was his primary focus?
A: Selling products at low prices to get higher-volume sales at a lower profit margin.

How did he portray it?
A: As a crusade for the consumer.

He experienced setbacks because the lease price and branch purchase were what?
A: Unusually high.

Sam was able to find lower-cost suppliers than the other stores and was able to do what?
A: Undercut his competitors on pricing.

 
How much did sales increase in his first year of ownership?
A: 45% to US$105,000 in revenue.

How much did it increased to the next year?
A: $140,000.

And how much the year after that?
A: $175,000.

Within the fifth year, the store was generating in revenue?
A: $250,000.

What happened when the lease for the location expired?
A: Walton was unable to reach an agreement for renewal, so he opened up a new store at 105 N. Main Street in Bentonville.

What did he name the new store?
A: "Walton's Five and Dime".

That store is now the what?
A: The Walmart Museum.

 
On July 2, 1962, Walton opened the first what?
A: Walmart Discount City store.

What was the address?
A: 719 W. Walnut Street in Rogers, Arkansas.

The building is now occupied by what?
A: A hardware store and an antique mall.

Within its first five years, the company expanded to how many stores across Arkansas?
A: 24.

In 1968, it opened its first stores where?

A: Outside Arkansas, in Sikeston, Missouri and Claremore.

What happened on October 31, 1969?
A: The company was incorporated as Wal-Mart, Inc.

When did it change its name to Wal-Mart Stores, Inc.?
A: In 1970.

 
The same year, the company opened a home office and first distribution center where?
A: In Bentonville, Arkansas.

It had 38 stores operating with how many employees?
A: 1,500 employees.

When did it begin trading stock as a publicly held company?
A: On October 1, 1970, and was soon listed on the New York Stock Exchange.

When did the first stock split occur?
A: In May 1971 at a price of $47 per share.

By this time, Walmart was operating in what five states?
A: Arkansas, Kansas, Louisiana, Missouri, and Oklahoma.

In 1975, there were 125 stores with how many employees?
A: 7,500 employees and total sales of $340.3 million.

By the company's 25th anniversary in 1987, there were how many stores?
A: 1,198 stores with sales of $15.9 billion and 200,000 associates.

 
This year also marked the completion of the company's $24 million what?
A: Satellite network, linking all operating units with the Bentonville office.

While it was the third-largest retailer in the United States, Walmart was more profitable than what rivals?
A: Kmart and Sears.

By 1990, it became the largest what?
A: U.S. retailer by revenue.

Prior to the summer of 1990, Walmart had no presence where?
A: On the West Coast or in the Northeast (except for a single Sam's Club in New Jersey which opened in November 1989).

In July and October 1990, it opened stores in what two locations?
A: California and Pennsylvania, respectively.

By the mid-1990s, it was far and away the most powerful retailer in the USA and expanded into where in 1991?
A: Mexico.

When did it expand into Canada?
A: In 1994.

 
Walmart stores opened throughout the rest of the U.S., with what state being the last state to get a store in 1995?
A: Vermont.

In 1998, Walmart introduced what concept with three stores in Arkansas?
A: Neighborhood Market.

By 2005, estimates indicate that the company controlled about what percentage of the retail grocery and consumables business?
A: 20 percent.

In 2000, who became Walmart's President and CEO?
A: H. Lee Scott.

In 2002, it was listed for the first time as America's what?
A: The largest corporation on the Fortune 500 list with revenues of $219.8 billion and profits of $6.7 billion.