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Why did Sam Walton create Walmart?
Inspired by the early success of his dime store, and driven to bring even greater opportunity and value to his customers, Sam opened the first Walmart in 1962 at the age of 44 in Rogers, Arkansas. Changing the Face of Retail.
- Walmart History
On July 2, 1962, Sam Walton opens the first Walmart store in...
- Walmart History
Samuel Moore Walton (March 29, 1918 – April 5, 1992) was an American business magnate best known for founding the retailers Walmart and Sam's Club, which he started in Rogers, Arkansas and Midwest City, Oklahoma in 1962 and 1983 respectively.
On July 2, 1962, Sam Walton opens the first Walmart store in Rogers, Arkansas. The Walton family owns 24 stores, ringing up $12.7 million in sales. The company officially incorporates as Wal-Mart Stores, Inc. 1962 ribbon cutting for the first Walmart store in Rogers, Arkansas.
Apr 2, 2014 · Sam Walton opened the first Walmart in 1962, after years in the retail management business. The discount chain expanded internationally over the next 30 years, growing into the world’s largest ...
3 days ago · Walmart’s “cookie-cutter” saturation strategy (as Sam Walton called it) was to create a hub of stores near a warehouse, reduce advertising spend, overwhelm a local area with market presence, and repeat the process in the next town and state.
The history of Walmart, an American discount department store chain, began in 1950 when businessman Sam Walton purchased a store from Luther E. Harrison in Oklahoma City, Oklahoma, and opened Walton's 5 & 10. [1]
In 1983 Walton founded Sam’s Wholesale Club, a chain of deep-discount wholesale warehouse outlets, and in 1988 he began opening Supercenters, which added full grocery fare to the regular merchandise offerings and dwarfed even the barnlike Wal-Mart stores in size.
