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Issue:

Business

 

Written by:

Michael G

 

Date added:

August 24, 2014

 

Level:

College

 

Grade:

A

 

No of pages / words:

1 / 256

 

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Walton continued his retail business that he loved by overcoming many ups and downs. He opened the first Wal-Mart Discount City Store in 1962 in Rogers, Arkansas.[2] In 2003, the company operates more than 4,000 stores worldwide. In 1999, with 1,140,000 associates, Wal-Mart became the largest private employer in the world...
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In 1950, when the lease came up for renewal for his first shop in Newport, Ark., his landlord refused to renew it. Walton had nowhere else to move the store but he sold it. It was the low point of Walton’s business life. But he did not blame on his misfortune. He moved his family to Bentonville, Arkansas and bought a new store, named as "Walton's Five and Dime" with a long-term lease...
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