Sam Walton 's Strategy Analysis

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Sam Walton 's strategy was built on an unbreakable foundation: The Lowest Prices Anytime, Anywhere. On July 2, 1962, Sam Walton opened the first Walmart store in Rogers, Arkansas which the Walton family owned 24 stores, ringing up $12.7 million in sales. In 1969, the company officially incorporated as Wal-Mart Stores, Inc. (Vance & Scott (1994)) Then in the 1970s, a decade of incredible growth, Sam Walton began to take Walmart national, proving his vision 's widespread appeal and became a publicly traded company. Walmart’s first stock was sold at $16.50 per share and eventually listed on the New York Stock Exchange a couple years later. The first distribution center and Home Office opened in Bentonville, Arkansas. By 1976, there were 51 stores and Walmart recorded sales of $78 million. Inspired by visiting a Korean manufacturing facility, where Sam Walton soon introduced the Walmart cheer. The Walmart Foundation was established in 1979. (Vance & Scott (1994)) In the 1980s, the first Sam 's Club opened, supplying and serving small businesses and individuals, and the first Walmart Supercenter opened, combining the supermarket with the general merchandises. By 1990, Walmart was the nation 's number-one retailer. As the Walmart Supercenter redefined convenience and do all your shopping in one-stop, at one place. Every Day Low Prices went international. Then Walmart entered the new millennium dedicated to offering customers a seamless shopping experience,
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