WALMART - Before They Were Famous

8 years ago
8

Before the retail giant became the largest company by revenue in the world, and biggest private employer, earning a profit of $35,000 dollars every minute, with over 2 million employees

Sam Walton opened his first retail store in 1945, then called Walton's 5-10. His plan was to sell more by offering lower prices. Even though this would mean less profit per item sold, he hoped the greater sales volume would make up for it. And, well, the plan worked better than he expected. With over $144.7 billion dollars, Sam's family is now amongst the richest in the world and everyone in America would soon now what WalMart is, well, with the exception of Paris Hilton.

What's going on guys? My name is Michael McCrudden, documenting the growth of WalMart, here for you on Before They Were Famous. I've also covered McDonald's and Google. And, of course, a whole lot of human beings, as well. So let me know who is next in the comments down below.

For more information on Walmart, visit our website at: http://www.MichaelMcCrudden.com

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