The History Of Walmart
Beginning of paper
When Sam Walton opened the first Wal-Mart store in 1962, it was the beginning of an American success story that no one could have predicted. A small-town merchant who had operated variety stores in Arkansas and Missouri, Walton was convinced that consumers would flock to a discount store with a wid ....
Middle of paper
.... and $20,000 from his wife's family to open a Ben Franklin five and dime franchise in Newport, Arkansas.
In 1950, he relocated to Bentonville, Arkansas and opened a Walton 5&10. Over the next 12 years they built up and grew to 15 Ben Franklin Stores under the name of Walton 5&10. Sam had plenty of new ideas. He liked to deal with the suppliers directly so he could pass the savings on to the customers. He later brought a new idea to Ben Franklin management that they should open discount sto ....
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Word count: 2986
Page count: 11 (approximately 250 words per page)
