Download presentation
Presentation is loading. Please wait.
Published byErica Lilian Bell Modified over 8 years ago
1
Sam Walton Wal - Mart
2
Background Sam Walton was born March 29, 1918. Sam Walton was born March 29, 1918. He grew up in Kingfish, Oklahoma He grew up in Kingfish, Oklahoma Walton was a graduate from the University of Missouri and decided to open his first Wal- Mart store on July 2, 1962, at the age of 44. Walton was a graduate from the University of Missouri and decided to open his first Wal- Mart store on July 2, 1962, at the age of 44. He turned his traditional business ethics of hard work into one of the best success stories in entrepreneurial history. He turned his traditional business ethics of hard work into one of the best success stories in entrepreneurial history.
3
Wal-Mart Sam Walton’s dream was simple: “give people high value, low prices and a warm welcome”. Sam Walton’s dream was simple: “give people high value, low prices and a warm welcome”. Wal-Mart is famous for their name brands at incredibly low prices, which is a huge reason why it is so successful. Wal-Mart is famous for their name brands at incredibly low prices, which is a huge reason why it is so successful. The opening of the first Wal-Mart was in 1962. The opening of the first Wal-Mart was in 1962. Walton took the company public in 1970. Walton took the company public in 1970. The technique of his management was well liked by his workers and helped the development of all his other store openings. The technique of his management was well liked by his workers and helped the development of all his other store openings. Walton was the CEO and president until 1988 when he decided to stay a chairman. Walton was the CEO and president until 1988 when he decided to stay a chairman.
4
Expansion of Walmart By 1991, Wal-Mart was the largest U.S. seller with 1,700 stores. By 1991, Wal-Mart was the largest U.S. seller with 1,700 stores. Wal-Mart employs more than 1.2 million links worldwide and the company has more than 3,000 stores and offices across the United States and more than 1,000 stores globally. Wal-Mart employs more than 1.2 million links worldwide and the company has more than 3,000 stores and offices across the United States and more than 1,000 stores globally. It also has expanded online at Walmart.com, which has been dedicated to bringing Sam’s dream to the Internet. It also has expanded online at Walmart.com, which has been dedicated to bringing Sam’s dream to the Internet.
5
Award Shortly before Walton’s death he was presented with the Medal of Freedom, after which he died on April 5, 1991. Shortly before Walton’s death he was presented with the Medal of Freedom, after which he died on April 5, 1991. Walton never knew with this small opening of Wal-Mart would make him a billionaire in the long run Walton never knew with this small opening of Wal-Mart would make him a billionaire in the long run
Similar presentations
© 2024 SlidePlayer.com. Inc.
All rights reserved.