What Is Sam Walton's First Retail Stores

Introduction.
Sam Walton who started his retail career in 1940 with JC Penny as Management trainee and after 18 months he resigned and to be part of the military for world war II and 1945 he took over the management and took 20,000 loan from his father in law and 5000 which he had saved from the military he purchased franchise called Ben Franklin and named his first retail store Walton. In 1945 Sam has 100% sure to start this retail merchandise, where he offered brand name at lower cost, clean and friendly shopping experience for consumers. After being the success in his first retail store he sided the biggest retail chain in the history of the world. He founded a Wall Mart’s first store in 1962 and called his employee associate rather than

This trucks are specially assigned to fleets enables shipping goods from distribution centers to stores within two days. This are professionally trained and given “Private Fleet Driver handbook”. This helped drivers to be aware about the teams & condition and it also made them aware about their standard. This drivers regularly monitored and verified their work being up to wall mart’s standards. In order to be more effective wall mart has developed logistic technique called “Cross Docking” this systems helped the drivers to pick the finished good from the manufacturing site or supplier’s stored locations and delivered directly to the costumers. This systems and business model helped them to go from supply chains to demand chain, which helped them to go directly to their retail stores and eliminated there distributions center and saved money which they utilized to being more competitive and being more cost efficient on their

• Discount Store, which is around 100,000 square feet and it wide range of products but for limited stocks.
• Neighborhood Markets, which area round 43,000 square feet and this business models offers all you can find in a super market and general merchandise.
• SAM’S CLUB, this business models is for specific costumers who would sustain their yearly memberships. This business model had accounted over 13% of wall mart’s sale in year of 2005. This business models are approximately 1280,000 square feet in the United States. SAM CLUBS they offer consumers to buy good at the cheaper cost but in bulk and that helped the smaller business to buy good from them at cheaper cost and make good margins.
• Wall Mart International, this business models are custom business models, which helps Wall mart to determine their business strategy based on county and their regional location on the country’s location. As of today Wall Marts operates in over 11,000 retail locations under 65 banners and in 28 countries, such as Argentina, Canada, United Kingdom, Germany, South Korea, Puerto Rico and join ventures in China and India. Wall Mart has employed over 2.2 million employee across the