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10 hours ago · Walmart announced on Thursday that Walton, the eldest son of founder Sam Walton, will retire after more than 40 years on the board as its longest-serving member. He joined Walmart in 1969 and will step down at the end of his current term in June, the company said. With a net worth of $79.8 billion, Walton is among the 20 richest people in the ...
Mar 31, 2024 · Sam Walton 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. Walton graduated from the University of Missouri with a degree in economics (1940) and entered a J.C. Penney Company management training program
Sam Walton was born in 1918 in Kingfisher, Oklahoma. In 1942, at the age of 24, he joined the military. He married Helen Robson in 1943. When his military service ended in 1945, Sam and Helen moved to Iowa and then to Newport, Arkansas. During this time, Sam gained early retail experience, eventually operating his own variety store. ...
Apr 6, 1992 · Sam Walton, the founder of Wal-Mart Stores Inc. and the most successful merchant of his time, died yesterday at the University of Arkansas Medical Sciences Hospital in Little Rock. He was 74...
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.
Jul 23, 2001 · 23 Jul 2001 Research & Ideas. Sam Walton: Great From the Start. by Richard S. Tedlow. Sam Walton’s retailing career began September 1, 1945, in Newport, Arkansas. He paid a princely $25,000 to Butler Brothers to franchise a 5,000-square-foot Ben Franklin’s variety store.
Jun 27, 2018 · 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 ...
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