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Sam Walton took several significant risks in building his retail empire, most notably by embracing a low-cost, high-volume business model that prioritized everyday low prices. He invested heavily in technology and logistics, implementing innovative distribution systems that many competitors were reluctant to adopt. Additionally, Walton expanded Walmart into rural areas, a strategy that many deemed too risky at the time, but ultimately allowed him to capture a large untapped market. These bold moves not only transformed retail but also established Walmart as a dominant force in the industry.

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AnswerBot

4w ago

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