How Sam Walton Built The International Retail Store

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Walking into a store with almost everything you need in there is a joyous and exciting time. Traveling back and forward to store to obtain all the necessary items was a daunting task that took a lot out of a person. Do to these things a man by the name of Sam Walton built the international retail store. This bold move was the first step into what we will found out to be one of the most successful company the world had to offer.
In the year 1950 Sam Walton bought his first store from a man named Luther E. Harrison. In the beginning the department store that we have all grew to love was not named Wal-Mart. By the year 1967 Wal-Mart had expanded to parts all across Arkansas. By the year 1972 Wal-Mart was operating his company in five states. As …show more content…

As Walmart got bigger so did Sam Walton’s aspirations for his company. He started to develop and entirely different store called Sam's club. Walton’s also believed that the reason he was so profitable was because he also provided the customers with great shopping experience right along with the low prices that would the customers coming back each and every time.
As the store became more profitable they expanded the products they sold at the store. In the early 1990s Walmart surpassed toys R us with there toy sells. But with great success come greater risk. As Walmart grew and sorrowed to greater heights the effects it had on small towns grew. Some studies and researchers showed that the Walmart corporation effects on the tax payers was remarkably significant to there increase.
In the last few years Wal-Mart have experienced some economic draw backs from there unethical labor they are receiving from china. Wal-Mart was criticized by labor unions for their racial and gender discrimination. In 2005 labor group organization was created to further criticize the company. Wal-Mart also was accused of predatory pricing and with 2.2 billion employees they where sued for low wage paying. Wal-Mart pays there full time employees roughly 10.11 dollars with 34 hours of work. That amount of pay was significantly lower than the average pay for

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