ipl-logo

When Did The Walton Family Business Start

708 Words3 Pages

Everyone knows where to go to get cheap groceries and has a huge selection among retailers, the answer is Walmart. Walmart is a family business that has been in the United States for a long time. It started with a man named Sam Walton who was married to Helen Robson. Sam Walton opened the first Walmart in 1962 in Rogers, Arkansas. In 1967 the Walton family owned twenty-four stores making $12.7 million in sales. This was a fast profit jaded by the Walton family. Sam made the company a welcoming place go to because of how well his associates worked with the costumers. Sam did a great thing by sharing his goals with his associates so the goals could be met within the company. Costumers go places where they feel wanted and get the help they need. …show more content…

For the rest of the 1990s Walmart expanded to Canada, then China and at the end reached the United Kingdom. When the 2000s came Walmart got into the new way by making a website to shop online. Also started out the new times with a new CEO H. Lee Scott Junior. Walmart.com launched Site to Store in 2007 so customers could make a purchase online and pick up merchandise in stores. In 2009 Mike Duke became CEO and Walmart reached to Chile. Part of the reason people love Walmart is because the company wants to help people and give back. You can see that in the 2000s that Walmart helped after hurricane Katerina and Rita. Walmart contributed $18 million and 2,450 truckloads of supplies to victims. Walmart also hired any honorably discharged veteran. Walmart projects hiring over 100,000 veterans from 2013 until now.In 2014 there was a new CEO Doug …show more content…

As the company changed with different CEOs and adding new Walmart's on the map the logo changed with the times. From 1962 - 1964 Walmart was printed the only way the printer could then in 1964 - 1981 the "frontier front logo' came about. After this period they dropped the frontier look and until 1992 went back to a plain look. The next look was putting a star in middle of the word. The star lasted until 2008 then the iconic spark at the end came and that is the logo we know and love. Another interesting part of the Walmart history is the Walmart Museum. It came from Sam Walton's 5&10 in Bentonville town square in 1950. This Museum shows Sam Walton's leadership and his family. The Museum doesn't only hold a 5&10 to go back in time but also The Spark Café Soda Fountain. This article does a great job letting you relive the past and understand all aspects of how Walmart became the way it is

Show More
Related

Rhetorical Analysis Of Walmart

1637 Words | 7 Pages

Walmart was founded in the summer of 1962 by Kingfisher, Oklahoma native Sam Walton. Although Walton’s original vision for the store was relatively modest, the half century since its founding has seen Walmart morph into one of the biggest companies in the world. Today headed by one Doug McMillon, Walmart boasts more than 5000 stores in the United States of America alone and employs more than 1.5 million people. Walmart is undoubtedly an American institution, yet each Walmart store feels like its own little country. Walmart seems to have its own laws and customs and the people who shop their on a regular basis appear almost primitive in their behavior as they go about raiding the store’s shelves and wrestling with fellow customers for discount flat screen televisions and bulk packages of two-ply toilet paper.

Read More

Sam Walton: Why I Start Wal-Mart

499 Words | 2 Pages

These are all reasons why I, Sam Walton started Walmart, to make people happy. My first experience in the retail business was when I accepted a job at J.C. Penny, as a sales trainee. Contrary to common belief, I was not the most thorough

Read More

Sam Walton Research Paper

1306 Words | 6 Pages

He would be selling everything from name brand household items, clothes, and even auto parts. This would be the beginning of a lifelong journey for Sam Walton. He called the new store “Wal-Mart,” a store that promised “everyday low prices (Packer, George).” This new store was a hit, and by a mere 5 years later he had 32 stores in four different states. After the company went public in 1970, Sam Walton was worth $15 million.

Read More

Sam Walton Research Paper

1139 Words | 5 Pages

Based on the article titled Sam Walton’s biography, Sam Walton was born in 1918 in Oklahoma. He found a huge retail store that was opened in 1962 in Arkansas. He learned at a retail store and eventually opened his own variety store. Since he was successful in the beginning with the first store he decided to open his first Walmart. This goal was accomplished at the age of 44.

Read More

Argumentative Essay On Walmart

1125 Words | 5 Pages

Records show due to Walmart is all around the place, gross domestic prices have gone up in an amount. Even though Walmart set up bad labor and gives bad opportunities to their employees, customers still thinks it is very convenient due to the low price. Since it is all around the corner, it is easy for people to walk in and walk out in any minute. The shopping carts are also a useful tool for customers to pick up their products, they also have small drive shopping carts for disables so they can even come to the store without any help. Nothing is better than Walmart in my opinion.

Read More

Walmart's Mission Statement

154 Words | 1 Pages

Walmart was founded in 1962, incorporated on October 31, 1969, and listed on the New York Stock Exchange in 1972 (Walmart, 2012). Walmart is the largest private employer and the largest grocery retailer in the United States. Sam Walton had a vision to make his customers happy. Listed as the #1 top retailer worldwide according to Store Magazine, Walmart leaves no stone unturned when seeking to provide its customers with top-quality services and products at low prices. Walmart was founded in 1962, incorporated on October 31, 1969, and listed on the New York Stock Exchange in 1972 (Walmart, 2012).

Read More

Walmart Argumentative Essay

191 Words | 1 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.

Read More

Walmart History Essay

428 Words | 2 Pages

In 1962, Walton opened the first Walmart store in Rogers, Arkansas. (Martin) Walmart’s stock worth jumped to $45 billion, in the early 1990s. In 1991 Walmart beat Sears, Roebuck Company to become the country’s largest retailer.(A&E Television Networks) Walton hula danced down Wall Street to celebrate the company’s achievements. (Martin)

Read More

Explain How Walmart Has Changed The World

829 Words | 4 Pages

Shoppers save more than 5% on shopping at Walmart (Charles). Not only it attracts shoppers, walmart make money from it. Just like Sam Walton said “If you sell stuff less, you sell more, you make more” (Goldman). Sam was right because of how much success he has had. On average 200 million people visit Walmart every week (Goldman).

Read More

Mcdonaldization In The Workplace

961 Words | 4 Pages

According to the recent research of Hierarchy Structure group, they have introduced the Walmart Business Hierarchy. Walmart was first introduced to this world in 1969. It is one of the worlds’ famous grocery stores and supermarkets. It is also widely operating in different countries around the world. As Walmart is a huge company, they require a structured and strict hierarchical system in the company.

Read More

Comparing Walmart And Amazon

1420 Words | 6 Pages

The first Walmart Discount City opened in 1962, after owner Sam Walton tried to turn a previous store named Ben Franklin franchise into a discount store but was told no by the owners (PBS, 2014). During the first five years Walmart opened 18 stores,

Read More

Sam Walton: Transformational Leadership Analysis

1197 Words | 5 Pages

Sam Walton take his time to help his people who make him a great servant leader. As Walmart became more successful, he shared his success and donated more to communities. From cancer awareness to building youth centers in underprivileged communities. He is a person that every leader should emulate and follow.

Read More

Walmarts Mission Statement

1440 Words | 6 Pages

So, he succeeded, sales increased 45% first year to approximately 100000$. In 1962 Walton decided to open the first Wal-Mart Discount city store. Walton Sold this branch later to buy a bigger one, and It’s now called “store#1” Wal-Mart offers retails goods and services in a variety of categories. The customer can buy electronic stuff. for instance, Mp3 player, computers.

Read More

Walmart Human Resource Management Analysis

1275 Words | 6 Pages

Wal-Mart was founded in 1962 by Sam Walton. With the opening of the first Wal-Mart discount store in Rogers, Ark. The company integrated as Wal-Mart Stores, Inc., on October 31, 1969 (Wal-Mart, 2010). As a leader in sustainability, corporate philanthropy and employment opportunity, Wal-Mart placed first among retailers in Fortune Magazine 's 2009 Most Admired Companies.

Read More

Cultural Disadvantages Of Walmart

1000 Words | 4 Pages

Sam Walton envisioned a company where the staff would play a key role to provide brilliant customer service while giving the workers excellent working conditions to achieve a level of efficiency that no one else has achieved in the industry. Each week, approximately 260 million customers visit more than 11,500 stores in 11 different nations. The retail giant is operational in 28 countries in both physical stores and e-commerce sites and proudly employs over 2.2 million associates worldwide. Many factors played a part in their need for global expansion and Germany was their destination because of its powerful economy, spending habits of consumers and attractive location in Europe.

Read More

More about When Did The Walton Family Business Start

Open Document