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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] The Walmart chain proper was founded in 1962 with a single store in Rogers, expanding inside Oklahoma by 1968 and throughout the rest ...
As of October 31, 2022, there are a total of 4,720 Walmart U.S. stores. [2] [3] In the United States, 90 percent of the population resides within 10 miles of a Walmart store. [140] The total number of Walmart U.S. stores and Sam's Clubs combined is 5,320. [2] [3] The president and CEO of Walmart U.S. is John Furner. [141] [142]
Sam Walton. 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. Wal-Mart Stores Inc. grew to be the world's largest corporation by revenue as well as the ...
By 1970, there were 38 Walmart stores in five states, and they brought in more than $44 million a year in sales, according to the museum. ... investment and acquisitions allowed Walmart to quickly ...
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.
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.
Total number of Walmart U.S. and Sam's Clubs combined - 5,320; Walmart U.S. - (4,720) (This unit count includes locations in the District of Columbia and Puerto Rico) Walmart Supercenter (3,572) Walmart Discount Store (365) Walmart Neighborhood Market (682) Other small formats (92) Convenience Stores (8) Pickup locations (1) closed on February ...
Since opening in 1962 in Rogers, Arkansas, Walmart has grown to approximately 10,500 stores and Sam's clubs in 24 countries, according to its corporate website.