Digging Up the Views with Wal-Mart
Wal-Mart has been praised for its low prices and huge variety; they have also taken a hit about poor benefits and effects on the community. Every aspect will not be overlooked about the world's largest and richest company.
Sam Walton was the shrewd businessman behind the world's largest retailer. After working his way through the University of Missouri as a newspaper delivery boy, he got a job in Des Moines, Iowa, as a management trainee for J.C. Penny at a salary of $75 a month. He went into business with his brother Bud, and by 1960, the Waltons' 15 stores were taking in $1.4 million a year. But Walton soon saw a challenging new competitor arise, the discount store. The Walton brothers opened their first Wal-Mart in 1962, in Rogers, Arkansas. Specializing in name brands at low prices, the chain of Wal-Mart stores sprang up across rural America. (Browne 23)
Inspired by workers he saw in a tennis ball factory in Korea, Walton introduced the......
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Approximate Word Count: 1528
Approximate Pages: 6 (260 words per double-spaced page) |