Early Life
In 1918, Sam Walton was the first of two boys born to Thomas Gibson and Nancy Lee Walton. He was born in a small town near Kingfisher, Oklahoma, but due to his father’s work as a farm mortgage banker, his family moved to Columbia, Missouri. The Great Depression caused Walton to know what it was like to live in poverty at a young age. Walton’s parents taught him early the importance of saving money and to always treat people with respect. For the rest of his life, these were values that Walton never forgot. He achieved a lot while attending Hickman High School, where he graduated in 1936. He was the quarterback of the football team, captain of the basketball team, and president of his senior class. As a senior, he was declared to be the “Most Versatile Boy.”
College/Early Work
Sam Walton studied economics and business administration at the University of Missouri. He graduated in 1940 with a B.A. in economics. After graduating, he entered the army as a second lieutenant to serve in World War II. After being rejected for overseas duty because of a nerve problem, Walton decided he wanted to work in retail. He entered into a management training program at J.C. Penney in Des Moines, Iowa, and began his first job making $85 a month. Once his training program was …show more content…
In 1986 the Wal-Mart board consisted of only men. Sam Walton appointed Hillary Clinton only to relieve the pressure on him to have a female board member. Also, there 's evidence showing that women are promoted at a slower rate than men. Women make a lot less money than men for doing the same jobs. On average, female store managers earn only slightly less than $90,000 annually compared to male store managers who make over $100,000. Six women sued Wal-Mart for discriminating them on their gender. They want lost pay and damages. This lawsuit would cover any women that has worked for any of the Wal-Marts over the country since