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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.
The majority of the family's wealth derives from the heritage of Bud and Sam Walton, who were the co-founders of Walmart. Walmart is the world's largest retailer, one of the world's largest business enterprises in terms of annual revenue, and, with just over 2.2 million employees, the world's largest private employer.
Samuel Robson "Rob" Walton (born October 27, 1944) is an American billionaire heir to the fortune of Walmart, the world's largest retailer. He is the eldest son of Helen Walton and Sam Walton , and was chairman of Walmart from 1992 to 2015.
Sam Walton was the founder of Walmart, but who owns Walmart today? ... U.S., where he oversees the nation's 4,700 stores, as well as its website, app and supply chain, according to his biography ...
In public, the Waltons live a pretty modest life despite their wealth. Here's how they spend their fortune.
Wal-Mart Stores Inc. opened its first Sam's Club – named for Sam Walton – on April 7, 1983, in Midwest City, Oklahoma. [2] Tomb of James Bud Walton in Memorial Park Cemetery. Together, the Walton brothers donated $150,000 to build a new home for the Columbia Chamber of Commerce and Columbia Convention and Visitors Bureau in Columbia, Missouri.
Sam Walton founded Walmart in 1962 and Sam’s Club in 1983. His model was “low prices and great services,” as inspired by the dime store he once owned, according to company materials.
Sam Walton of Walmart wrote in his book Made in America that he "borrowed" "as many ideas from Sol Price as from anybody else in the business". [5] He added that he especially liked the idea of calling his discount chain "Wal-Mart" because he "really liked Sol's FedMart name".
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