Questions With Answers > Business Trivia > Walmart Trivia Quiz Questions and Answers

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.