Sam Walton沃尔玛创始人简介

As it moved into Texas in 1975, there were 125 stores with 7,500 employees and total sales of $340.3 million
Miracle
In the 1980s, Walmart continued to grow rapidly. And by its 25th anniversary in 1987, there were 1,198 stores with sales of $15.9 billion (equivalent to $33 billion in 2014) and 200,000 associates. In 1988, Sam Walton stepped down as CEO and was replaced by David Glass.
Sam Walton
(March 29, 1918 – April 5, 1992) was an American businessman and entrepreneur born in Kingfisher, Oklahoma, best known for founding the retailers Walmart and Sam's Club.
It began trading stock as a publicly held company on October 1, 1970, and was soon listed on the New York Stock Exchange. The first stock split occurred in May 1971 at a market price of $47 (equivalent to $274.00 in 2014).
And then, the sales volume growing from $80,000 to $225,000 in three years
that is where he start
源自文库
The first true Wal-Mart opened on July 2, 1962 in Rogers, Arkansas. Called the Wal-Mart Discount City store
The first store:Ben Franklin variety store(With the help of a $20,000 loan from his father-in-law, plus $5,000 he had saved from his time in the Army) The second store:the tiny "Eagle" department store
He started with $20,000+ $5,000. But he made them become WalMart which turnover in 2013 was $469,162,000,000
He really achieve the AMERICAN DREAM