The Success Of Wal Mart

3036 Words Mar 8th, 2015 13 Pages
Mission Wal-Mart Stores have been around for more than 50 years, opening the first store in Rogers, Arkansas in 1962. After an early success of a small dime store Mr. Sam Walton wanted to expand on his business knowledge and liked the idea of living in a small town where he and his wife could enjoy a small town living. Through the success of Wal-Mart Stores create lower cost and great service to its customers, Mr. Walton opened the Sam’s Club franchise and even making some of the Wal-Mart stores Supercenters where customers can get the same shopping experience where ever they stop and not have to guess which store will have which items on hand. Mr. Walton wanted his customers to have a great shopping experience every time they came in, which would keep the customers coming back. He believed that his employees were more than just employees! He made them partners of the successful business chain which made for a great partnership. Mr. Walton was awarded the Medal of Freedom award for the great work that he stood by in 1992, from President George H.W. Bush. (Walmart).
Vision
With Wal-Mart is one of the top retail stores in the United States, its main focus is being people friendly and affordable so that Americans have not had to spend a fortune just to shop for necessities. President and CEO Doug McMillon reported in October 2014 that “Wal-Mart stores, Inc. helps people around the world save money and live better-anytime and anywhere...Each week, more than 250 million…

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