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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]
On May 9, 1950, Sam and Helen bought out a Harrison's variety store in Bentonville, Arkansas. They opened a new Ben Franklin store and named it Walton's 5&10. Photo: Courtesy of The Walmart Museum
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.
In 1990, Walmart opened its first Bud's Discount City location in Bentonville. Bud's operated as a closeout store, much like Big Lots . Many locations were opened to fulfill leases in shopping centers as Walmart stores left and moved into newly built Supercenters.
The first Wal-Mart opened its doors in Rogers, Arkansas on July 2, 1962. At this point in his life, Wal-Mart founder Sam Walton had already racked up over two decades of experience as a retailer.
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. He succeeded, because by the time the ...
In September 1945, Sam and Helen Walton opened a Ben Franklin "five and dime", their first retail store, in Newport, Arkansas. In 1950, they moved to Bentonville, Arkansas, and in 1962, they opened the first Wal-Mart. Sam Walton credits her for having the idea of the profit-sharing plan with the company's associates. [2]
Rogers was the location of the first Walmart store, whose corporate headquarters is located in neighboring Bentonville. Daisy Outdoor Products , known for its air rifles, has both its headquarters and its Airgun Museum in Rogers.
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related to: 1st walmart bentonvillewalmart.com has been visited by 1M+ users in the past month