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Wal-Mart: A History of Sam Walton's Retail Phenomenon. Twayne Publishers. ISBN 0-8057-9833-1. Fishman, C. (2006). The Wal-Mart Effect: How the World's Most Powerful Company Really Works – and HowIt's Transforming the American Economy. Penguin. Marquard, W. H. (2007). Wal-Smart: What it really takes to profit in a Wal-Mart world. McGraw Hill ...
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 Inc. (/ ˈ w ɔː l m ɑːr t / ⓘ; formerly Wal-Mart Stores, Inc.) is an American multinational retail corporation that operates a chain of hypermarkets (also called supercenters), discount department stores, and grocery stores in the United States and 23 other countries. It is headquartered in Bentonville, Arkansas. [11]
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.
After graduation, Walton became a member of the law firm that represented Walmart, Conner & Winters in Tulsa, Oklahoma. [8] In 1978, he left Tulsa to join Walmart as a senior vice president, [8] and in 1982, he was appointed vice chairman. [9] He was named chairman of the board of directors on April 7, 1992, two days after his father's death. [10]
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.
Under the guidance of Lore, the company rolled out free two-day delivery for orders over $35 without a membership fee to compete with Amazon Prime, and that was accelerated to free one-day delivery last year, shortly after Amazon made the same move in Prime. In the most recent quarter, Walmart expanded ship-from-store capabilities to 2,500 ...
Steuart Walton (born 1981) is an American attorney and businessman. Born into the billionaire Walton family, he is a director of Walmart, the world's largest company by revenue, co-founder of private equity firm RZC Investments, which bought British cycling brand Rapha in 2017, and founder of Game Composites, a composite aircraft manufacturer.