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Walmart is the world's largest company by revenue, according to the Fortune Global 500 list in October 2022. [14] In February 2023, Walmart announced that its FY2023 total revenue was $611.3 billion. [15] Walmart is also the largest private employer in the world with 2.1 million employees.
In a 2006 study, The Hartman Group marketing research firm issued a report which found that "Five of the top 10 "likely to purchase" private label brands are managed by Walmart including: Great Value, Equate, Sam's Choice, Walmart, and Member's Mark (Sam's Club), per the study."
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