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Sam Walton

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Alex Glass

on 14 January 2014

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Transcript of Sam Walton

Sam Walton
Early Life
-Born on March 29, 1918 in Kingfisher, Oklahoma
-First son of Thomas Walton a banker
-Quarterback for his high school
-Graduated college in 1940 with a deree in economics
Entering Retailing
-Got his first job in retailing at the J.C. Penney Company
-Used a $25,000 loan from his father-in-law to acquire his first store a Ben Franklin franchise in Newport, Arkansas
Building Wal-Mart
-In 1962 he opened his first Wal-Mart store in Rogers,Arkansas
-By 1976 Wal-Mart`s stock worth was $176 million
-Wal-Mart became the country`s largest retailer in 1991
-Because of his Ben Franklin stores worked well he decided to create another chain of stores
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