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The story of a department-store trainee who became the richest man in America and owner of the biggest retail store in the world: Walmart. Sam Walton used the money he earned in the army, along with some financial help from his family, to open his first store. Then he opened fourteen more. Then Sam had an even bigger idea. He wanted to build large stores in small towns and reduce the price of everything they stocked. Although other businessmen and potential partners laughed at him, this entrepreneur with humble beginnings used his resourcefulness to create Walmart, which would become the largest company in the world.
Meet a genuine American folk hero cut from the homespun cloth of America's heartland: Sam Walton, who parlayed a single dime store in a hardscrabble cotton town into Wal-Mart, the largest retailer in the world. The undisputed merchant king of the late twentieth century, Sam never lost the common touch. Here, finally, inimitable words. Genuinely modest, but always sure if his ambitions and achievements. Sam shares his thinking in a candid, straight-from-the-shoulder style. In a story rich with anecdotes and the "rules of the road" of both Main Street and Wall Street, Sam Walton chronicles the inspiration, heart, and optimism that propelled him to lasso the American Dream.
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From a single tiny store in a backwater town in Arkansas, Sam Walton created Wal-Mart, the world's largest retailer. In this business history, the author reveals the retailing genius and obsessive vision of the man.
This biography examines the remarkable life of Sam Walton using easy-to-read, compelling text. Through striking black-and-white images and rich color photographs, readers will learn about Walton's family background, childhood, education, and entrepreneurial work as the founder of Walmart and Sam's Club. Informative sidebars enhance and support the text. Features include a table of contents, timeline, facts page, glossary, bibliography, and an index. Aligned to Common Core Standards and correlated to state standards. Essential Library is an imprint of Abdo Publishing, a division of ABDO.
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A biography of Sam Walton and how he rose from an impoverished childhood to become the richest man in America.
The world's largest retailer, Wal-Mart, has moved into Europe, with UK as its next target after Germany. Wal-Mart operates about 3,601 stores, employs more than 910,000 people globally, and last year’s sales amounted to $137.6 billion (£85.7 billion). This figure no doubt makes the owners of many corner shops and small retail chains shudder. About 90 million customers are being served on a weekly basis with outlets in the United States, Puerto Rico, Canada, Germany, China, Argentina, Mexico, Brazil, and South Korea. Wal-Mart has undoubtedly been the leader of all other discount chains. Its enormous US stores, which are twice the size of the biggest European hypermarket, sell everything from clothing to food to hardware to sporting goods.