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Sam Walton

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Q: Who opened a Ben Franklin variety store in the 1940s?
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What store did walmart originate from?

Sam Walton (founder of Walmart) owned his first store, Ben Franklin, in Newport AR late in the 1940s. He closed that store and moved it to Bentonville AR, renaming it Walton's Five and Dime. He opened the first Wal-Mart Discount City in Rogers AR in 1962, and incorporated as Wal-Mart Stores, Inc. in 1969.


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What investments have the founders of walmart made?

The founder (singular) of Walmart was the late Sam Walton. He started out young at the age of 26 in the year 1945, after serving in the military during World War 2. With a $20,000 dollar loan from his father-in-law, and $5,000 from what he saved up in the war, he took over management by investing in a Ben Franklin variety store. This store was a franchise and part of the Butler Brothers chain. This investment led to him opening many more Ben Franklin stores. He also invested in leasing a Kroger store nearby the original Ben Franklin variety store. By 1962 he owned 15 Ben Franklin stores and 1 independent Fayetteville store. The first Wal-mart, which was a result of all his investments, opened in Rogers, Arkansas on July 2nd, 1962. Hope this helped!


What year did Sam Walton open Walton's Five and Dime?

In 1945 Sam Walton opened his first variety store which he named Walton's Five and Dime.


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