Search results
Results from the WOW.Com Content Network
Logo used since January 13, 2025 Sam Walton's original Walton's Five and Dime, now the Walmart Museum Visitor Center in Bentonville, Arkansas.. 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]
Walmart founder Sam Walton and his wife Helen, on their wedding day, February 14, 1943. At the time, Sam was a management trainee with the J.C. Penney Company. Photo: Courtesy of Walmart
By 1984, Sam Walton had begun to source between 6% and 40% of his company's products from China. [36] In 1988, Walton stepped down as CEO and was replaced by David Glass. [37] Walton remained as chairman of the board. During this year, the first Wal-Mart Supercenter opened in Washington, Missouri. [38]
The Original Goods. When Sam Walton opened the first Walmart on July 2, 1962 in Rogers, Arkansas, he wanted to give customers unparalleled bargains on a wide variety of products.
Forbes ranked Sam Walton as the richest person in the United States from 1982 to 1988, ceding the top spot to John Kluge in 1989 when the editors began to credit Walton's fortune jointly to him and his four children. [37] (Bill Gates first headed the list in 1992, the year Walton died.) Wal-Mart Stores, Inc. also runs Sam's Club warehouse ...
The first location opened in 1990 and was named after Bud Walton, Sam Walton's brother and co-founder of Wal-Mart. Most Bud's Discount Stores (sometimes just called "Bud's", and until 1995 "Bud's Warehouse Outlet") were located in old Walmart storefronts, with the typical situation being a Bud's would replace the old storefront after Walmart ...
For premium support please call: 800-290-4726 more ways to reach us
Sam Walton was the founder of Walmart, but who owns Walmart today? ... Walmart became a publicly traded company in 1970, and its first stock was sold at $16.50 per share, ...