in the year i was born 2008.
Opening of First Wal-MartThe first Wal-Mart opened in Rogers, Arkansas in 1962.Most people think discount retailing began in 1962 - the year that Kmart, Target, and Walmart first opened. But actually, the chain of variety stores Sam Walton owned during the 1950s faced stiff competition from many regional discount stores.The very first Wal-Mart was built in 1962 in Benton Country. pch: rogers, arkansasOn July 2, 1962, Sam Walton opened the first Walmart store in Rogers, Ark. The Walton family owned 24 stores, ringing up $12.7 million in sales. The company officially incorporated as Wal-Mart Stores, Inc.
Sam Walton started his career in retail as a clerk for J.C. Penney. Then, after serving in the military until 1945, he purchased his own Ben Franklin store in Newport, Arkansas. He added several other of these stores and became savvy about what makes for profitable retail sales over a twenty year period. He then opened his first Wal-Mart in Rogers, Arkansas in 1962. Since then, the Wal-Mart brand has steadily grown to a position as the "world's largest retailer,"
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