3. • The Large International Discount
Retail Chain.
• The third largest public corporation.
• Biggest Private Employer in the
world.
• Largest retailer in the world.
4. Sam Walton
Sam Walton's strategy was
built on an unshakeable
foundation:
The Lowest Prices Anytime,
Anywhere.
5. Sam Walton (Early Life)
Samuel Moore Walton
• Born on March 29, 1918.
• Became “Youngest Eagle Scout”.
• Did various Odd Jobs.
• Voted as “Most Versatile Boy”.
• Joined US Army.
6. Sam Walton (The First Stores)
• Ben Franklin Variety Store.
• “Eagle” Departmental Store.
• By 1962, Owned 16 Stores.
7. Sam Walton (The First Wal-Mart)
• Wal-Mart Discount City Store.
• Opened on July 2, 1962.
• Expanded to 24 Stores & $12.6 Million in
Sales.
• Oct 1, 1979, traded as publicly held
company.
• 1198 Stores, 200,000 associates with
$15.9 Billion Sales in 1987.
• Company’s Satellite Network.
8. Sam Walton (Personal Life & Family)
• Married Helen Robson on
Feb 14, 1943.
• 4 Children.
• One of The Richest Families in
the World.
• Controls over 48% stake of
company.
9. Walton’s Family Fortune
List of Walton's family fortune as of 2012 published by Forbes
•Christy Walton and family US$25.3 billion
•Jim Walton US$23.7 billion
•Alice Walton US$23.3 billion
•S. Robson Walton US$23.1 billion
•Ann Walton Kroenke US$3.9 billion
•Nancy Walton Laurie US$3.4 billion
•Total: US$102.7 billion
11. Sam Walton (Final Years & Legacy)
• “Wealthiest Man in the US”. (Forbes)
• Died on April 5, 1992.
• Honored with “Presidential Medal of Freedom”.
• Included in “Most Influential People of 20th
Century”. (Times)
• Sam M. Walton College of Business.
• 2007, “Save Money, Live Better” logo.
• Listed as “America’s Largest Corporation”.
(Forbes).
12. Sam Walton’s 10 Rules
Rules for Building a Business
Commit to your business.
Share your profits with all your associates,
and treat them as partners.
Motivate your Partners.
Communicate everything you possibly can
to your partners.
13. Sam Walton’s 10 Rules
Appreciate everything your associates
do for the business.
Celebrate your success.
Listen to Everyone in your company.
Exceed your customers’ expectations.
Control your expenses better than
your competition.
Swim upstream.
