Founded in 1962, Wal-Mart Stores, Inc. branded as Walmart since 2008 and WalMart before then, is an American international retailer corporation that runs chains of large discount department stores and warehouse stores. It is the biggest private employer in the world with over two million employees, and is the largest retailer in the world. With fiscal year 2013 sales of approximately $466 billion, Walmart employs 2.2 million associates worldwide.