Wal-Mart, the world's top retail store wasn't always so big. Sam Walton, the founder of Wal-Mart saw the opportunity to open a business and later became America's richest man. Competing against the biggest business to date Walton success is still apparent in today's economy with stores all over the world. I believe Sam Walton is the world's greatest entrepreneur because of his success.
At an early age of 40 Walton had already owned 15 variety stores. As discount stores started opening around towns where his stores, he saw what was in store in the retail industry. On July 2, 1962, at the age of 44, Walton opened his first Wal-Mart store in Rogers, Arkansas. The competition also started that same year with Woolco, Kmart, and Target opening their doors as well. His main goal while keeping his business alive was to keep the prices as low as possible.
Stores began opening wherever Walton saw opportunity to grow. He brought Wal-Mart from his home state as he spread the stores across......
Join Now or Login to view the rest of this paper.
Approximate Word Count: 459
Approximate Pages: 2 (260 words per double-spaced page) |