{"id":7530,"date":"2022-06-29T05:39:54","date_gmt":"2022-06-29T05:39:54","guid":{"rendered":"https:\/\/www.helloleads.io\/blog\/?p=7530"},"modified":"2022-08-10T10:44:49","modified_gmt":"2022-08-10T10:44:49","slug":"20-amazing-stats-and-facts-about-sam-walton","status":"publish","type":"post","link":"https:\/\/www.helloleads.io\/blog\/stats-facts\/20-amazing-stats-and-facts-about-sam-walton\/","title":{"rendered":"20 Amazing Stats and Facts About Sam Walton"},"content":{"rendered":"\n
\"Sam<\/figure><\/div>\n\n\n\n

1. About Sam Walton<\/strong><\/p>\n\n\n\n

Samuel Moore Walton<\/strong> was an American businessman and\nentrepreneur best known for founding Walmart and Sam\u2019s Club retailers. <\/strong><\/p>\n\n\n\n

2. Born on :<\/strong> Mar 29, 1918, in Kingfisher, Oklahoma, US.<\/p>\n\n\n\n

3. Parents Name :<\/strong>  Thomas Gibson Walton and Nancy Lee<\/p>\n\n\n\n

4. Education : <\/strong>University of Missouri (BS)<\/p>\n\n\n\n

5. Business : <\/strong>Founder of Walmart and Sam’s Club<\/p>\n\n\n\n

6. First Job :<\/strong> He did various chores to meet financial ends. He milked the cow, bottled and supplied to customers, and used to deliver Columbia Daily Tribune<\/em><\/strong> <\/em>newspaper in addition to a magazine subscription. During his college days, he used to work as a waiter in exchange for meals.<\/p>\n\n\n\n

7.<\/strong> After Graduating from college, he joined theJ. C. Penney<\/strong> as a management trainee<\/strong> in Des Moines, Iowa,with a monthly wage of $75.<\/p>\n\n\n\n

8. Military Career : <\/strong>He served as a captain in the U.S Military Intelligence Corps Unit at the time of World War II(1942-1945).<\/p>\n\n\n\n

9. First store :<\/strong> After leaving the military in 1945, with help of a $20000 loan from his father-in-law and $5000 of his own money, he purchased a Ben Franklin variety store which is the franchise of the Butler Brothers chain.<\/p>\n\n\n\n

10. First Walmart Store :<\/strong> The first true Walmart opened on July 2, 1962, at 719 West Walnut Street in Rogers, Arkansas which is also known as the Wal-Mart Discount City store.<\/p>\n\n\n\n

11. First Sam\u2019s Club : <\/strong>In 1983, he launched the first Sams Club, which was aimed at small-business owners and others who wished to buy merchandise in bulk.<\/p>\n\n\n\n

12.<\/strong> Walmart had become the third-largest retailer in the United States<\/strong> in 1987, trailing Sears and Kmart. <\/p>\n\n\n\n

13.<\/strong> Walton kept prices and salaries low<\/strong> but nevertheless inspired company loyalty in employees<\/strong>, who retired with comfortable pensions<\/strong> as a result of his profit-sharing plan.<\/p>\n\n\n\n

14.<\/strong> He stepped down as CEO<\/strong> in 1988 but remained as a company chairman<\/strong> of Walmart.<\/p>\n\n\n\n

15.<\/strong> During his lifetime, He opened 1,735 Wal-Marts, 212 Sam\u2019s Clubs, and 13 Supercenters <\/strong>with a total of 380,000 employees and almost $50 billion in annual sales.<\/p>\n\n\n\n

16. Honors and Recognition : <\/strong><\/p>\n\n\n\n