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History & Society
Sam Walton
American businessman
Category:
History & Society
- In full:
- Samuel Moore Walton
- Born:
- March 29, 1918, Kingfisher, Oklahoma, U.S.
- Died:
- April 5, 1992, Little Rock, Arkansas (aged 74)
- Founder:
- Walmart
- Sam’s Club
Sam Walton (born March 29, 1918, Kingfisher, Oklahoma, U.S.—died April 5, 1992, Little Rock, Arkansas) was an American retail magnate who founded Walmart in 1962 and developed it, by 1990, into the largest retail sales chain in the United States. Walton graduated from the University of Missouri with a degree in economics (1940) and entered a J.C. Penney Company management training program in Des Moines, Iowa. He opened his own Ben Franklin variety (five-and-dime) store in Newport, Arkansas, in 1945 and relocated the store to Bentonville, Arkansas, five years later. By the early 1960s he and his brother, James, operated ...(100 of 486 words)