S. Robson Walton

Sam Walton 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…

Walmart is the largest private employer employer and grocery retailer in the United States. Walmart also has its positives and negatives on our citizens and economy. They have also lost some of values that 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.…

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…

americans afford basic necessities. The bad side of Walmart has long been all over the news. Walmart is infamously “anti-employee.” Today that happy yellow logo represents to many what is wrong with employers. Walmart is anti-union, and they even shut down a store in Quebec after they unionized. Walmart doesn’t want their workers standing in solidarity, or demanding basic benefits they’ve famously been refused. Walmart has also long tried to cut health care benefit costs by making employees…

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…

2013). The secondary focus on employees has kept Wal-Mart from earning a spot on the Fortune 100 best companies to work for list. In addition, Wal-Mart stores lowers wages and eliminates competition and as a result pay role wages declined by almost 5 percent per person and it lowers food prices by 25 %, in some markets. The first Wal-Mart City was opened in 1962 (the first Wal-Mart discount store), and over 37 years the first Sam’s Clubs and supercenters were opened. Presently, Wal-Mart…

1. Walmart and Target Corporation Retail History and Background Walmart is an American national wholesale business who started with a humble beginning. The founder Sam Walton opened the first Walmart store in 1962 in Rogers, Arkansas. Walton goal was to establish a business that would offer customers the lowest prices anytime and anywhere. The low-price strategy enabled Walton to get an edge on the competition and he successfully opened numerous additional store over the years. By 1967, Walmart…