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Wal-Mart Stores, Inc., doing business as Walmart, is an American multinational retailing corporation that operates as 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.We operate approximately 10,500 stores and clubs in 19 countries and eCommerce websites. Learn More.Published by Julia Faria , Mar 10, 2023. Walmart invested 3.9 billion U.S. dollars in advertising in the fiscal year ending January 2022. Costs with advertising increased, after falling to 3.2 ...Hurst Supercenter. Walmart Supercenter #5080 1732 Precinct Line Rd, Hurst, TX 76054. Opens at 6am. 817-503-7152 Get Directions. Criticism of Walmart. The American multinational retail chain Walmart has been criticized by many groups and individuals, such as labor unions and small-town advocates, for its policies and business practices, and their effects. 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