Wal-Mart Store about the wal-mart store

WAL-MART STORE One Nation under Wal-Mart

Name

School

Professor

Subject

One Nation under Wal-Mart

Wal-Mart : History and Company Overview

History

The Wal-Mart was owned and guided by its founder Sam Walton who actually owned variety stores as early as the 1950 's . During that time his business faced intense competition from other retail discount stores . Wal-Mart store formally began or opened in Rogers , Arkansas in 1962 . Sam Walton have studied carefully what American consumers want about discount retail stores , having a vision he and his wife

Helen used 95 of their money to put up the first store . The business show good signs and continue to expand so by 1964 Wal-Mart had 24 stores in Arkansas already with 12million in Wal-Mart has opened stores outside the state of Arkansas which was in Missouri and Oklahoma . Other stores at that time include Kmart and Target . By the year 1972 Wal-Mart goes public when Wal-Mart stock was first offered to the New York Stock Exchange with the infusion of capital the company experience growth having 276 stores in 11 states by the end of the decade . By the year 1980 's , Wal-Mart comes of age as the first Sam 's Club Member 's Warehouse Store was opened . In 1988 the first supercenter opened that features a complete grocery and 36 departments of general merchandise . The following year there were 1 ,409 Wal-Mart stores and 123 Sam club 's locations . The employment had also increased by tenfold and...