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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.
Sam Walton (born March 29, 1918, Kingfisher, Oklahoma, U.S.—died April 5, 1992, Little Rock, Arkansas) was an American retail magnate who founded Walmart in 1962 and developed it, by 1990, into the largest retail sales chain in the United States.
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.
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.
Sam credited the rapid growth of Walmart not just to the low costs that attracted his customers, but also to his associates. He relied on them to give customers the great shopping experience that would keep them coming back.
Sam Walton was an American businessman best known for founding the retail chain Walmart, which grew to be the world’s largest corporation.
Everything to know about Walmart founder Sam Walton and how he changed the retail world forever. See details, here.
Walmart is a U.S.-based discount store operator and one of the world’s largest retailers and corporations. The Bentonville, Arkansas, company was founded by Sam Walton in 1962.
Acting on his vision of providing inexpensive goods to small-town markets, Walton soon opened his first Wal-Mart in 1962 in Rogers, Ark. By 1977, Illinois became the tenth state to have a...
Overview. Sam Walton redefined the shopping experience for residents living in rural areas throughout the United States by opening a chain of Wal-Mart discount stores in towns previously served only by hardware and five & dime stores. His strategy of monopolizing the discount shopping market in rural areas made his stores the largest retail ...