Sam Walton (Walmart)

Topics: Sam Walton, Wal-Mart, Helen Walton Pages: 3 (1191 words) Published: April 6, 2011
Small Town, Big Success
Today, only a small number of people know by whom and where Wal-Mart, the world’s most famous shopping center, was founded. Sam Walton, a young man who lived in Arkansas worked daily with his mother and father to keep the family financially stable. He did this by delivering milk, selling magazines, pigeons and rabbits. Sam Walton is the founder of Wal-Mart which opened in the summer of 1962.

First of all, “Samuel Moore Walton was born March 29, 1918 in Kingfisher, Oklahoma to Thomas Gibson Walton and Nancy Lee Walton (Von Bergen, 1). As stated before, Walton helped the family earn money by doing small jobs around the town, which helped him learn the value of a dollar. Sam participated in many sports and was also well educated. He was the president of several clubs, the senior men’s honor society, his college senior class and a military organization. In 1940 he graduated from the University of Missouri in Columbia with a degree in finance. Even though Walton was denied the right to join the Army in 1942 because of a minor heart condition he was able to work at a gunpowder plant in Tulsa, Oklahoma. While working in Tulsa he met a woman named Helen Robson, which he later married in February of 1943. Years later the Walton family included four children: Jim, John, Robson and Alice. In 1949 the Walton family moved to Bentonville, Arkansas. Soon after, Walton and his brother bought a variety store, Walton’s Five & Dime that was self-serviced. By 1962 Walton and his brother were owners of over 15 variety stores in three different states. Although Walton never worried about how much money he would make, “Walton learned the business by watching and talking to people already in retail, by checking out the competition, and by experimentation” (Von Bergen, 2).

Second of all, “In July 1962, when he was 44, Walton opened the first Wal-Mart in Rogers, Arkansas” (Von Bergen, 2). Sam Walton bestowed upon his Wal-Mart Corporation “the simple...
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