Sam Walton


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Sam Walton

An American businessman who is best known for founding the Wal-Mart chain. He began in the retail store business in 1945 when he purchased a Ben Franklin franchise. Throughout the 1950s, he opened more franchises until he established the first Wal-Mart in 1962. He was one of the first retailers to always buy from the lowest priced wholesaler; this drove sales higher, which allowed him to negotiate still lower prices from wholesalers. This practice, while controversial, became a staple of Wal-Mart. He also was among the first to offer managers the ability to become limited partners in his stores. Walton lived from 1918 until 1992.
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Jim Walton of Bentonville, youngest son of Sam Walton, No.
Another Walton family member who has found a place on the top of the list is Alice Walton, daughter of Sam Walton and Christy's sister-in-law.
Jim Walton, 64, is the youngest son of Wal-Mart founder Sam Walton.
Since Sam Walton opened his first shop in Rogers, Ark.
True, he wanted to move quickly and decisively, entering the fray with the impact for which Sam Walton had been well known.
The late Sam Walton has left much more of a legacy than big-box Wal-Mart retail stores and low prices.
Cut from the same cloth as the likes of Sam Walton, the founder of Wal-Mart, and McDonald's pioneer, Ray Kroc, Liniger admits he tries to emulate those industry leaders who refused to sit in an office and issue orders.
Their subjects are powerful figures such as Wal-Mart founder Sam Walton, whose image in Ticks, 2004, has been rendered, via a computer drawing program, as a balled tangle of interwoven lines, then distorted to emulate the shape of the titular creatures.
Sam Walton isn't around anymore to expound on the secrets of his success, but Michael Bergdahl, who worked directly with the Wal-Mart founder years ago, has distilled some of "Mr.
Sam Walton and I talked about that, on more than one occasion.
When Sam Walton was still alive, one of the marketing strategies employed by Wal-Mart in its television ads was the proud claim that much of its merchandise was "Made in America.
Billions of dollars in turnover:The company was founded by Sam Walton who opened Walton's Five and Dime in the US in 1950.