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Since the first Walmart opened in 1962 in Rogers, Arkansas, we've been dedicated to making a difference in the lives of our customers. Today, we're helping communities save money and live better all over the world.
The history of Walmart, an American discount department store chain, began in 1950 when businessman Sam Walton purchased a store from Luther E. Harrison in Oklahoma City, Oklahoma, and opened Walton's 5 & 10. [1]
Walmart is a U.S.-based discount store operator and one of the world’s largest retailers and corporations. The Bentonville, Arkansas, company was founded by Sam Walton in 1962.
Walmart comes to suburban America and beyond. By 1990, it is the nation’s number-one retailer. As the Walmart Supercenter redefines convenience and one-stop shopping, Every Day Low Prices go international. Argentina, China, Mexico, and others welcome Walmart, again confirming Sam’s vision.
Walmart has grown by leaps and bounds since opening for business in 1962. Here's how it all happened. Walmart is one of the biggest companies in the world, fulfilling the grand vision of...
Walmart started with one man. In 1962, Sam Walton began with just one store and one mission: help people save money so they could live better. As a growing global digital enterprise and with over 11,500 stores, we maintain Mr. Sam’s vision, but now, we are able to help more customers than ever.
The company was incorporated under Delaware General Corporation Law as Wal-Mart, Inc. on October 31, 1969, and changed its name to Wal-Mart Stores, Inc. in 1970. The same year, the company opened a home office and first distribution center in Bentonville, Arkansas .
By 2001, it was the largest company in the world, holding that position for 18 of the last 22 years, only falling behind big oil companies when oil prices spiked. In 2017, Walmart became the first company in world history to generate a half trillion dollars in annual sales. In 2022, the figure was $605.9 billion.
First opened in 1962 by Sam Walton, Walmart quickly exploded into a retail empire turning over hundreds of billions of dollars in revenue. Here is a look at how he built it.
Walmart is Born. Sam's idea that success was built on deep discounts and rural markets was bigger than the franchise model. In Rogers, Arkansas, in 1962, this idea became the first Walmart.