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- In 1960, Sam Walton owned nine Ben Franklin variety stores and was doing over a million dollars in business each year. But future prospects for variety stores were limited. “By then, I knew that the discount idea was the future,” he said. In 1962, he opened his first “Wal-Mart Discount City,” in Rogers, Arkansas.
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Back to Timeline. 1960s. Retail Revolution. 1960. Walmart Is Born. View Exhibit. 1960. Bud Walton, David Glass, and Bob Bogle discuss the first two Walmarts and Sam’s innovative strategies and showmanship. Play Video. 1962–1964. Walmart launched without a true logo.
Apr 5, 2024 · Take a look back at vintage Wal-Mart history, from a modest 5 & 10 store to a global retail behemoth, through innovations and key moments that redefined shopping and turned into today's massive Walmart chain.
1960s. Retail Revolution. The turbulent sixties are famous for rock-and-roll, civil unrest, and revolutionary ideas. It’s also a time when retailers see the enormous potential of large self-service discount stores. Sam opens his first Walmart in 1962. By the end of the decade, he has a chain of 18 Walmart stores in Arkansas, Missouri, and ...
Apr 17, 2019 · Sam Walton opened the first Walmart store in 1962 in Rogers, Arkansas. Walton, only 44 at the time, wanted to succeed in the retail world running a store with low prices and exceptional customer...
- Morgan Cutolo
Walmart is Born. Sam's idea that success was built on deep discounts and rural markets was bigger than the franchise model. In Rogers, Arkansas, in 1962, this idea became the first Walmart.
The Walmart chain proper was founded in 1962 with a single store in Rogers, Arkansas, expanding inside Oklahoma by 1968 and throughout the rest of the Southern United States by the 1980s, ultimately operating a store in every state of the United States, plus its first stores in Canada, by 1995.
Jun 27, 2024 · As Walmart celebrates the 62nd anniversary of its first store opening on July 2, 1962, let's take a look back at the early beginnings of one of the world's largest retailers. Advertisement ...
