Sam Walton Research Paper

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Samuel Moore Walton is best known for the world’s largest retail corporations called Wal-Mart. Walton cared about his employees and his customers. He believed that this was the base of a successful retail store. Sam was born March 29 1918 in Oklahoma. After years in the retail business Walton then opened the first Wal-Mart in 1962. By the year 2010 Wal-Mart had grown into the world’s largest corporation. Sam was the first son of Nancy Lee and Thomas Walton. While Walton was still young his family moved to Missouri, where Walton then graduated from Hickman High School. After high school, he then went on to the University of Missouri in Columbus. In 1940 Sam graduated College with a degree in economics (Walton P.5). Sam much like me was very unorganized, but, believed in building upon your strengths (Walton P.116). …show more content…
From the jobs he had growing up he learned to work hard. Working hard wasn’t an option for Walton, because, he had to pay his own way. Walton got his first retail experience by working for a J.C. Penney Company. He went into the Army during World War II, then, returned in 1945. Sam borrowed 25,000 from his father in law to open his first store in Newport, Arkansas. Walton and his younger brother James came to own 15 Ben Franklin Stores. In 1962 Sam took a risk and opened the first Wal-Mart store in Rogers, Arkansas. In just ten short years the company share value had grown to $176 Million. By the early 90’s Wal-Mart had surpassed other companies of its size such as Sears. While writing his book Sam Walton allowed employees to give their opinions to be put in the book. "He was always open to suggestions, and that’s one reason he’s been such a success. He’s still that way" Says Claude Harris (Walton

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