Sam Walton

Sam Walton was born to Thomas Gibson Walton and Nancy Lee. during the Depression, Walton had lots of jobs to help make financial ends meet for his family. In 1945, after leaving the military, Walton opened a store. He had a $20,000 loan from his father-in-law and $5,000 saved from his time in the military. The first true Wal-Mart opened on July 2, 1962 in Rogers, Arkansas. It was called the Wal-Mart Discount City store. He launched a determined effort to market American-made products. walton had no idea that he was creating a giant. He had the will to find American businesses who could supply stuff for the whole Wal-Mart chain at a price small enough to meet all the compitition. walmart is one of the most efficient stores in the world because the shelf life of there stuff with when they restock it all down to minutes and that is a very powerful atriburte to have because it means you never over stock and you are always selling everything.