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Walmart Argumentative Essay

191 Words1 Pages
Business persons have criticized the giant discount retailer’s price-cutting techniques for many years, but the incredible story of its rise is surprising to anyone. In 1950, Sam Walton, founder of Wal-Mart Stores Inc., started a Walton’s 5&10 store in Bentonville, Arkansas. Driven by the desire to increase sales, Walton reduced prices lower than his competitors and to his surprise, he got astonishing results. Walton went on to open the first Wal-Mart store in Rodgers in 1962. By 1967, he owned about 24 stores. 1969 represented the company’s official incorporation as Wal-Mart Stores Inc., and it went public in 1970 (Corporate.walmart.com, 2016). There was no stopping Wal-Mart’s quest of becoming the largest retailer after that; opening more

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