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The history of Walmart: How one man built a retail empire [FOX Business Network]

Walmart Inc. (WMT) 
Last walmart inc. earnings: 2/18 06:00 am Check Earnings Report
US:NYSE Investor Relations: stock.walmart.com/investors/default.aspx
Perhaps the best known and most successful big-box store chain in the world, Walmart's 62-year history has been marked by explosive growth fueled by thrifty, innovative business practices. After its first location was opened in 1962 by Sam Walton in Rogers, Arkansas , Walmart seemingly became an overnight sensation in the world of discount retail. Decade after decade, the chain began turning over millions – and soon, billions – in revenue each year, entering the 21st century as one of the largest brands in both the U.S. and around the world. Here is a closer look at how it all happened. Sam Walton Walton was born in Kingfisher, Oklahoma, in 1918, and he spent most of his childhood and adolescence in Columbia, Missouri. Walton, a Reserve Officers' Training Corps cadet, attended the University of Missouri, graduating in 1940 with his bachelor's degree in economics. Three days after graduating, Walton began working for JCPenney as a management trainee, a position he held unt Show less Read more
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