Walmart’s Business Strategy and Global Impact
Words: 585 Pages: 2 6225Walmart's journey began in the early 1960s when Sam Walton, leveraging his experience in mass merchandising, opened the first Walmart discount store in Rogers, Arkansas. Despite initial resistance from fellow Ben Franklin franchise owners, Walton's vision of high-volume, low-price retailing set the foundation for Walmart's rapid expansion. By the end of the 1960s, Walmart had established a significant presence across Oklahoma, Missouri, Arkansas, and Kansas. The 1970s marked a pivotal decade for Walmart as it introduced a formal warehouse operation […]