As of January 2022, there were in total 397 Walmart stores in China, including 361 retail stores and 36 wholesale stores. Since 2018, Walmart retail stores in China have steadily decreased, while wholesale store numbers have increased.
Walmart in China
Walmart International operates in 23 countries outside of the United States through its wholly owned subsidiaries. The company began its operations in China in 1996 as one of the first big international brands to enter the country. To adjust to Chinese consumer needs, Walmart formed a strategic alliance with JD.com, China’s second largest e-commerce retailer. E-commerce retail accounted for about 25 percent of total retail sales in China in 2021.
Growing popularity of fresh food online retail in China made Walmart broaden their delivery capabilities to meet the same-day delivery demand. In July 2019, Walmart announced their plans to invest around 1.2 billion U.S. dollars in China over the next decade, upgrading the company’s logistics centers and delivery services.
In fiscal year 2021, Walmart International had a total of 5,251 stores outside of the U.S., primarily in Mexico and Central America.
Number of Walmart stores in China from 2013 to 2022, by type*
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Walmart. (March 18, 2022). Number of Walmart stores in China from 2013 to 2022, by type* [Graph]. In Statista. Retrieved July 07, 2022, from https://www.statista.com/statistics/752119/china-walmart-store-number/
Walmart. "Number of Walmart stores in China from 2013 to 2022, by type*." Chart. March 18, 2022. Statista. Accessed July 07, 2022. https://www.statista.com/statistics/752119/china-walmart-store-number/
Walmart. (2022). Number of Walmart stores in China from 2013 to 2022, by type*. Statista. Statista Inc.. Accessed: July 07, 2022. https://www.statista.com/statistics/752119/china-walmart-store-number/
Walmart. "Number of Walmart Stores in China from 2013 to 2022, by Type*." Statista, Statista Inc., 18 Mar 2022, https://www.statista.com/statistics/752119/china-walmart-store-number/
Walmart, Number of Walmart stores in China from 2013 to 2022, by type* Statista, https://www.statista.com/statistics/752119/china-walmart-store-number/ (last visited July 07, 2022)