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In 1945, after leaving the military, Walton took

over management of his first variety store at the
age of 26. With the help of a $20,000 loan from
his father-in-law, plus $5,000 he had saved from

his time in the Army, Walton purchased a Ben
Franklin variety store in Newport, Arkansas. The
store was a franchise of the Butler Brothers
chain.
 1948- could not renew his

lease so he bought a new
store in Bentonville, Arkansas,
called it Walton’s 5 & 10
 1952- opened another store in

Fayetteville, Arkansas
 By early 1960’s co-owned 16 stores in 3

states, Arkansas, Missouri and Kansas
 First Wal-Mart opened in

1962 in Rogers, Arkansas.
 By 1970, the Walton

owned 18 Wal-Marts
 1991- Wal-Mart became worlds largest

retailer whit a total of 1,700 stores
 Sells

a wide variety of goods at a low price

 Products are bought in large quantities from the lowest priced wholesaler

and savings are passed to the customers

 Reflect Walton’s belief that “Each Wal-Mart store should

reflect the values of its customers and support their vision
they hold for their community”
 Customers are greeted at the door
 Gives out a scholarship to a graduating senior each year
 Having many products in one place is convenient to the

customers
 Attitude determines whether or not company

succeeds
 Make important decisions
 Funding the company
 Selecting advisers and management team

 Responsible for making their vision of the

company a reality
 First to automate inventory process using a

UPC barcode
 1983- set up a private satellite system to

track deliveries, process credit
transactions, and transmit data
1. Respect

for people.

2. Service to customers.
3. Strive for excellence.
 Called his customers “neighbors” or “guests”.
 Referred to the managers in his company as “coaches.”
 Referred to the employees of his company as associates or

business partners.
 Fun-loving leadership style.
 Stick to fundamental values

 Don’t follow the money, follow your passion
 Take care of your people
Kmart had superior distribution centre with 500
stores.

But walmart was going with the strategy of filling
every county or small town in America
Walton spent time studying kmart stores.
In 1972,they noticed an opportunity in Hot
spring,Arkansas where kmart was having monopoly.
later to retaliate ,kmart entered four of

walmarts strong market.
It was predicted that this would lead to end

of walmart
Kmart and Walmart waged a price war ,with
kmart dropping its prices and walmarts
remaining unchanged.
 TOOTHPASTE WAR.
 Opening day strategy was a mess, due to extreme
heat.
 Underdog status forced walmart to find efficient ways
to run business.
 Faced a challenging situation ,when walmart planned
to acquire kuhn's big k chain.
LEARNER

FLEXIBILTY

CENTER OF
CONTROL

INTEGRITY

Traits
OF
SAM
WALTON

SELF
CONFIDENCE

SENSITIVITY
 Visionary

 Risk taker
 Ambitious

 Simplicity
“High expectations are the key to everything.”
he was an ordinary man who accomplished the
truly extraordinary through vision, hard

work, and a never- say-die attitude.
 I admire Sam Walton because he started a

business that today is one of the most profitable
companies.
 Millions of people all over the world know of WalMart, and no matter where you travel to you are
sure to find one located near you.
 I admire him because he started something that
will be known around the world forever, and all of
his employees
 People who knew him said he was a wonderful
man, and that is a great thing to have.
“I WILL BLOW
IT..!!”
SAM WALTON

KISHORE BIYANI
Sam Walton's Journey from Variety Store Owner to Retail Giant

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Sam Walton's Journey from Variety Store Owner to Retail Giant

  • 1.
  • 2. In 1945, after leaving the military, Walton took over management of his first variety store at the age of 26. With the help of a $20,000 loan from his father-in-law, plus $5,000 he had saved from his time in the Army, Walton purchased a Ben Franklin variety store in Newport, Arkansas. The store was a franchise of the Butler Brothers chain.
  • 3.  1948- could not renew his lease so he bought a new store in Bentonville, Arkansas, called it Walton’s 5 & 10  1952- opened another store in Fayetteville, Arkansas  By early 1960’s co-owned 16 stores in 3 states, Arkansas, Missouri and Kansas
  • 4.  First Wal-Mart opened in 1962 in Rogers, Arkansas.  By 1970, the Walton owned 18 Wal-Marts  1991- Wal-Mart became worlds largest retailer whit a total of 1,700 stores
  • 5.  Sells a wide variety of goods at a low price  Products are bought in large quantities from the lowest priced wholesaler and savings are passed to the customers  Reflect Walton’s belief that “Each Wal-Mart store should reflect the values of its customers and support their vision they hold for their community”  Customers are greeted at the door  Gives out a scholarship to a graduating senior each year  Having many products in one place is convenient to the customers
  • 6.  Attitude determines whether or not company succeeds  Make important decisions  Funding the company  Selecting advisers and management team  Responsible for making their vision of the company a reality
  • 7.  First to automate inventory process using a UPC barcode  1983- set up a private satellite system to track deliveries, process credit transactions, and transmit data
  • 8. 1. Respect for people. 2. Service to customers. 3. Strive for excellence.
  • 9.  Called his customers “neighbors” or “guests”.  Referred to the managers in his company as “coaches.”  Referred to the employees of his company as associates or business partners.  Fun-loving leadership style.
  • 10.
  • 11.  Stick to fundamental values  Don’t follow the money, follow your passion  Take care of your people
  • 12. Kmart had superior distribution centre with 500 stores. But walmart was going with the strategy of filling every county or small town in America Walton spent time studying kmart stores. In 1972,they noticed an opportunity in Hot spring,Arkansas where kmart was having monopoly.
  • 13. later to retaliate ,kmart entered four of walmarts strong market. It was predicted that this would lead to end of walmart Kmart and Walmart waged a price war ,with kmart dropping its prices and walmarts remaining unchanged.
  • 14.  TOOTHPASTE WAR.  Opening day strategy was a mess, due to extreme heat.  Underdog status forced walmart to find efficient ways to run business.  Faced a challenging situation ,when walmart planned to acquire kuhn's big k chain.
  • 16.
  • 17.
  • 18.
  • 19.
  • 20.  Visionary  Risk taker  Ambitious  Simplicity
  • 21. “High expectations are the key to everything.” he was an ordinary man who accomplished the truly extraordinary through vision, hard work, and a never- say-die attitude.
  • 22.  I admire Sam Walton because he started a business that today is one of the most profitable companies.  Millions of people all over the world know of WalMart, and no matter where you travel to you are sure to find one located near you.  I admire him because he started something that will be known around the world forever, and all of his employees  People who knew him said he was a wonderful man, and that is a great thing to have.
  • 24.