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The Walmart chain proper was founded in 1962 with a single store in Rogers, Arkansas, expanding inside Oklahoma by 1968 and throughout the rest of the Southern United States by the 1980s, ultimately operating a store in every state of the United States, plus its first stores in Canada, by 1995.
On July 2, 1962, Sam Walton opens the first Walmart store in Rogers, Arkansas. The Walton family owns 24 stores, ringing up $12.7 million in sales. The company officially incorporates as Wal-Mart Stores, Inc. 1962 ribbon cutting for the first Walmart store in Rogers, Arkansas.
Walton opened up his first Walmart store in 1962 in Rogers, Arkansas, called Wal-Mart Discount City. This new venture came after a decade of experience running a discount store in Bentonville, Arkansas, called Walton’s 5&10 (a Ben Franklin five-and-dime franchise).
Walmart has grown by leaps and bounds since opening for business in 1962. Here's how it all happened.
In the seventies, the first Walmart distribution center opens and so does the Home Office, both in Bentonville, Arkansas. And in 1979, Walmart became the first company to reach $1 billion in sales in such a short time.
The company was originally geographically limited to the South and lower Midwest, but it had stores from coast to coast by the early 1990s. Sam's Club opened in New Jersey in November 1989, and the first California outlet opened in Lancaster, in July 1990.
Walmart started with one man. In 1962, Sam Walton began with just one store and one mission: help people save money so they could live better. As a growing global digital enterprise and with over 11,500 stores, we maintain Mr. Sam’s vision, but now, we are able to help more customers than ever.
In 1962, he opened his first “Wal-Mart Discount City,” in Rogers, Arkansas. Two years later, he opened two more Walmarts, one in Harrison and another in Springdale. From its hub in Bentonville, Walmart expanded into Missouri and Oklahoma, bringing low prices to underserved rural communities.
The very first Walmart opened in Rogers, Ark. in 1962. Walton and his wife Helen put up 95% of the money for the venture, but obviously it has paid off. Before founder Sam Walton opened the...
One of the significant milestones in Walmart's journey was the introduction of the Walmart Supercenter in 1983. This groundbreaking concept combined a traditional Walmart store with a grocery store, providing customers with a one-stop shopping experience.