Wal-Mart Stores, Inc., branded as Walmart , is an American multinational retail corporation that runs chains of large discount department stores and warehouse stores. The company is the world's second largest public corporation, according to the Fortune Global 500 list in 2013, the biggest private employer in the world with over two million employees, and is the largest retailer in the world. Walmart remains a family-owned business, as the company is controlled by the Walton family, who own over 50 percent..
A shopping mall is a modern, chiefly North American, term for a form of shopping precinct or shopping center, in which one or more buildings form a complex of Retailing representing merchandisers with interconnecting that enable customers to walk from unit to unit. A shopping arcade is a specific form serving the same purpose.