Helen Walton

Walmart is Sam Walton. He started off in the retail business with JC Penny’s in 1940. In 1945, he was offered a variety store called Ben Franklin in Newport, Arkansas. When the lease came up, the lease was not renewed. He then opened up a Walton’s Five and Dime store. Sam was very successful at selling high volume and low cost merchandise. His strategy was to have “The lowest Prices Anytime, Anywhere.” (Our History, 2016) The store is now a Walmart museum. In 1962, the Walton brothers…

helps prevent unionization. Sam Walton was a savvy businessmen and decided to strategically place Wal-Mart stores in small rural towns in areas that did not already have a large retailer. Walton also decided another tenet of Wal-Marts business would be guarantee…

History/Background Walmart began as the vision of Samuel Moore Walton during the 1950’s in Bentonville, Arkansas. Walton founded his company on the concept of the five-and-dime store blended with customer service, large stores located in small towns, valued products, low prices, and employee profit-sharing to create the largest retail empire in the world in terms of earnings and employees. By marketing to consumers who fit his business profile, Walton was successful in creating a niche…

Walmart can be summed up in the phrase “everything that is wrong with America.” It is anti-employee, racist, and degrades the environment. In fact, that is why many of my social-justice-minded friends refuse to support them. Walmart is the 23rd largest economy in the world, larger than the vast majority of countries. I, as an optimist about humanity, would like to believe Walmart is a force for good in the world, so I did some research hoping that the bad reputation was inflated. As I expected…

Sam Walton and his brother Bud opened the doors to their first Wal-Mart store in 1962. This store was located on Walnut Street in the small town of Rogers, Arkansas. Over the next thirty plus years, Wal-Mart would grow into the biggest and most recognizable names in the US. It was a success story that rivaled any other in US history. Over the next twenty-six years, Wal-Mart grew exponentially and in 1988, Wal-Mart opened its first superstore. Stock in the company skyrocketed as superstores…

The first Walmart was opened on July 2nd, 1962! It was opened by a nice man named Sam Walton. It was opened in the city of Rogers, Arkansas. It was the first of 24 Walmart stores across Arkansas. Sam wanted to start a company that would offer people good quality items for lower prices than the competition. Little did he know that he would change the future of businesses forever. Sam Walton created a store that sold high quality items for cheaper prices. Walmart’s first slogan was “We Sell for…

It's more bad news for Walmart. After a New York Times story alleged that Wal-Mart bribed officials in Mexico to allow the company to open stores in that country, another new report reveals exactly how much it costs a community in dollars and cents when Walmart comes to town. Walmart is able to offer lower prices than other small retailers and we would expect that to have an additional effect with both costs and benefits," Fowler said. "In some rural areas, it can be argued that Walmart is…

Introduction Jody Steinhauer is the President and Chief Bargain Officer of the Bargains Group, which is the social enterprise she started over 30 years ago. As the recipient of many awards, including Canadian Woman Entrepreneur of the Year Award and Canada’s Top 40 Under 40, Ms. Steinhauer has been recognized as one of the most incredible social entrepreneurs who has significantly altered the business landscape (Steinhauer, 2012). Her company, Bargains Group, is a discount wholesaler of many…

Sam Walton had when he created the company. There are several downfalls with Walmart. Walmart has one of the worst health insurance policies in all of corporate America. Most people are in awe of how poor the health insurance is for such a widely known and popular company as Walmart is. They pretty much tell their employees to sign up for any government assistance that they can, since they pay their employees a low wage, most of them are able to get assistance. Since the death of Sam Walton,…

Introduction Samuel Moore Walton was an American entrepreneur and founder of Wal-Mart and Sam's Club retail stores and at a time was the richest man in United States. Sam Walton was born in Kingfisher, Oklahoma in 1918. He opened the first Wal-Mart in 1962. The discount chain expanded internationally over the next 30 years, growing into the world’s largest company by 2010. Walton stepped down as CEO in 1988 (Forbes 1997), at the age of 70 (Biography 2015), but remained active in the company…