15 Surprisingly Large Companies Owned By Walmart (2022)
Walmart is the fifth largest company in the world and also has a large number of subsidiaries.
These are the 15 largest Walmart subsidiaries located all around the world. They all have a distinct function to perform for Walmart, which is a huge organization. Each adds an additional dimension to the company’s growing success.
Walmart spends a lot on the need to be competitive with Amazon. From fashion to global expansion, Walmart is an always hungry machine, working towards competing in a new market against a shadowy opponent.
Walmart may seem overwhelming beyond the large box stores, but we can help you get your head around it. It is huge. The next section will feature ten of Walmart’s most well-known businesses. Chances are, you have already heard of many of them.
Online furniture retailer Hayneedle is known for offering affordable, stylish options. It was a site I visited many times. My dream of a classic, affordable remodel of all my rooms never came true.
Walmart bought Hayneedle on 16 June 2016 with the hope that it would give them access to online shopping.
Walmart acquired Jet.com, a website similar in nature to Hayneedle. It was purchased for 3.3Billion USD.
Walmart believed that they would be able to directly compete with Amazon.com through this acquisition.
Now, just type Jet.com into the browser to go to Walmart.com. This is because the company has taken over the design and layout of the website but decided to keep the domain.
This African-based company was purchased in 2011 for 2.54 million dollars. Massmart has more than 42 stores across the country selling general goods and liquor. It is Africa’s second largest merchandise distributor.
Massmart includes numerous companies which specialize in African discount products, such as Massbuilders (Massdiscounters) and Massbuilders (Massbuilders). Walmarts subsaharan expansion was facilitated by the acquisition.
Art.com can be found in the same way as Hayneedle and is known for its affordable wall decor. This site is in fact the largest seller of online home decor and art on the internet.
Walmart made an unusual decision in 2017 when it bought Shoes.com. It cost $9 million and allowed Walmart to continue to offer the same products Amazon is selling, but at a much lower price.
Walmart was once more hoping that this acquisition would increase their online presence as well as improve their digital sales.
Bonobos is first on this list. This was Walmart’s move to include online fashion in their product line. Bonobos is an online men’s fashion site that offers affordable, high-quality clothing.
Walmart acquired the brand in 2017 for 310 millions dollars. The brand has been a great help to them on their endless quest to take on Amazon direct on a virtual battlefield.
Walmarts’ desire to add fashion to its resume did not stop with men’s clothing. Walmart purchased Moosejaw, a fashion company that was initially founded in Bonobos, for $51billion. They now have a more rugged and outdoor-oriented approach to growing their fashion business.
Walmart owns one of the most loved brands in outdoor gear for men and women.
Bare Necessities offers elegant and sophisticated products at amazingly low prices. I was surprised to discover that I could use the terms “elegant”, “sophisticated” to describe a Walmart purchase.
Walmart hopes to increase its position in comparison to Amazon by purchasing again in 2018.
Walmart bought Eloquii Plus-Sized Fashion giant in their latest venture into the fashion world.
Elonquii maintains Jet.com’s identity but has not lost its website. However, the decreased price points are possible only due to Elonquii’s relationship with Walmart.
Elonquii is still to prove its worth, despite the fact that Walmart has spent $100 million on it in an attempt to make it comparable to Amazon.
Walmart founded Sam’s Club to help them enter the discount and large-volume market in 1983.
Like Costco and BJ’s you will need to have a “exclusive” membership that you pay annually to get the massive discounts in this superstore.
The list is not complete. We’re not done yet!
Five of these smaller businesses are listed below. Next, we will list five other lesser-known and less well-known Walmart companies.
Aspectiva is by far the most innovative, forward-thinking buy on this shopping list.
In India, the small business was bought by Walmart with the intention of leveraging their experience in tech design and customer services to help the company get ahead of its competitors in the in-person and online marketplaces.
Walmart was not able to disclose the estimated cost for this Indian corporate jewel, however it’s easy to understand the wisdom of acquiring it as part of its Walmart family.
Amigo (large grocery store chain) is based in Puerto Rico. Walmart bought it in 2002.
Walmart was able to collaborate with Amigo on the highly lucrative acquisition to grow their business beyond supermarkets and offer more products to customers at higher discounts, much like a Super Walmart.
Flipkart has its headquarters in India. Their goal is to enhance the business experience for small entrepreneurs in India through the provision of wholesale goods at an affordable price from anywhere in the world.
Walmart wants to make use of its ability to access these goods in India to expand its eCommerce business.
Walmart bought a controlling stake in the company in 2018 for $16 Billion to help them achieve their digital goals.
Seiyu, Japan’s most popular supermarket chain, was an obvious purchase for sales giant Walmart.
Seiyu first opened its doors back in 1963. By then, it had built up a reputation with Japanese customers. Walmart partnered with Rakuten for online delivery and was able thus to take advantage of that strong reputation.
It is also a grocery store located in Puerto Rico, Central America.
Walmart acquired Carhco in 2004, making it the biggest supermarket chain in this region. Carhco has been a valuable part of Walmart’s worldwide expansion. Walmart spent 2 billion on it.
For more information about Walmart, please visit our other posts: Walmart statistics, Walmart competitive advantages, Walmart failure in Germany and Walmart logo meaning.
Which Company Is Walmart a Part of?
Massmart Massmart is the owner of many local brands like CBW (Builder’s Warehouse), Makro and Game. The company was founded in 1990 and bean with the acquisition of six Makro stores. Walmart acquired 51 percent of the controlling stake in Walmart’s company in 2011. The purchase was reported to have cost $2.54B.
Who Owns The Other 50% Of Walmart?
the Walton family
Does Walmart Have Any Subsidiaries?
Walmart is the fifth largest company in the world and also owns many other businesses. For instance, Walmart owns both warehouse shopping giant Sam’s Club and well-known affordable furniture site Hayneedle.com!
Walmart owns Hayneedle
Hayneedle (an online furniture retailer) was acquired by Walmart when Jet.com was purchased. September 25, 2020
.15 Surprisingly Large Companies Owned By Walmart (2022)