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One of the misconceptions of Wal-Mart today is that we arrive at low prices because of our size and our ability to get the best deals from suppliers...we are no different from you when you are buying a car or an appliance. There are limits on what a supplier can do for us on price
Wal-Mart women's lawsuit adds to woes list Jun 23, 2004
Wal-Mart may not be able to access all the deal money that some suppliers offer retailers to promote their products. As a consequence, Wal-Mart ends up paying more
Wal-Mart women's lawsuit adds to woes list Jun 23, 2004
In Sam We Trust: The Untold Story of Sam Walton and How Wal-Mart is Devouring America
Wal-Mart: Global retailer Mar 23, 2004
Why put off to tomorrow what can be done today
Wal-Mart: Global retailer Mar 23, 2004
Samuel Moore "Sam" Walton (March 29, 1918 – April 5, 1992) was a businessman and entrepreneur born in Kingfisher, Oklahoma best known for founding the retailers Wal-Mart and Sam's Club.
Sam Walton was born to Thomas Gibson Walton and Nancy "Nannie" Lee (née Lawrence) near Kingfisher, Oklahoma on March 29, 1918. There, he lived with his parents on their farm until 1923. Sam's father decided farming did not generate enough income on which to raise a family, so he decided to go back to a previous profession of a mortgage man. He and his family (now with another son, James, born in 1921) moved from Oklahoma to Chesterfield, Missouri. There they moved from one small town to another for several years. While attending eighth grade in Shelbina, Sam became the youngest Eagle Scout in the state's history. In adult life, Walton became a recipient of the Distinguished Eagle Scout Award from the Boy Scouts of America.
Growing up during the Great Depression, Walton had numerous chores to help make financial ends meet for his family as was common at the time. He milked the family cow, bottled the surplus, and drove it to customers. Afterwards, he would deliver newspapers on a paper route. In addition, he also sold magazine subscriptions. Upon graduating, he was voted "Most Versatile Boy".