Sam Walton opened his first Wal-Mart store in Rogers, Arkansas in 1962. Walton began his career in retailing working for JC Penney in the 1940s after graduating from the University of Missouri. During these years Walton developed his sales volume business model which would be the foundation of success for Wal-Mart over the next several decades. Sam Walton retired as Wal-Mart CEO in February 1988.
More Famous Firsts
More Famous Firsts
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