Retail giant Walmart is preparing to make its long-awaited debut in South Africa, and it's coming with a bold promise: to bring its world-famous low prices to local shoppers.
The American powerhouse, founded in 1962 by brothers Sam and James Bud Walton in Arkansas, has grown from a single discount store into a global retail empire. Today, Walmart operates over 10 700 outlets across 19 countries, employing more than 2.1 million people worldwide.
Now, the company is taking a major step into the African market, with its first branded South African stores expected to open before the end of 2025, as per Business Tech . According to Walmart International CEO Kath McLay, the new stores will stock everything from groceries and home essentials to fashion and tech, with a focus on locally sourced goods.