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Sam Walton, with his brother Bud Walton, founded Wal-Mart, the chain of discount variety stores that in the 1990s became the world's largest retailer. Sam Walton went into the retail business in 1945, and by the time Wal-Mart first opened in 1962 he owned a chain of 15 variety stores in Arkansas, Missouri and Oklahoma. Walton's savvy marketing skills and attention to detail led to Wal-Mart's expansion throughout the United States. By 1990 Wal-Mart was the nation's top retailer in terms of sales, and Walton was one of the richest men in the world. After his death in 1992 the company continued to expand, including online commerce and stores around the world. By 2001 there were more than 4,500 Wal-Mart stores worldwide.


The founder of Wal-Mart is Sam Walton.
  • Born: 29 March 1918
  • Birthplace: Kingfisher, Oklahoma
  • Died: 6 April 1992
  • Best Known As: Founder of discount retailer Wal-Mart

Sam Walton, with his brother Bud Walton, founded Wal-Mart, the chain of discount variety stores that in the 1990s became the world's largest retailer. Sam Walton went into the retail business in 1945, and by the time Wal-Mart first opened in 1962 he owned a chain of 15 variety stores in Arkansas, Missouri and Oklahoma. Walton's savvy marketing skills and attention to detail led to Wal-Mart's expansion throughout the United States. By 1990 Wal-Mart was the nation's top retailer in terms of sales, and Walton was one of the richest men in the world. After his death in 1992 the company continued to expand, including online commerce and stores around the world. By 2001 there were more than 4,500 Wal-Mart stores worldwide.

Since Walton's death the chain has come under fire for its labor practices and aggressive marketing tactics. Arguing that Wal-Marts drove out other merchants, many local communities fought to keep new stores from opening, and in June of 2004 a lawsuit was filed on behalf of 1.6 million women, charging that Wal-Mart discriminated against female employees.
The founder of Wal-Mart is Sam Walton.

  • Born: 29 March 1918
  • Birthplace: Kingfisher, Oklahoma
  • Died: 6 April 1992
  • Best Known As: Founder of discount retailer Wal-Mart

Sam Walton, with his brother Bud Walton, founded Wal-Mart, the chain of discount variety stores that in the 1990s became the world's largest retailer. Sam Walton went into the retail business in 1945, and by the time Wal-Mart first opened in 1962 he owned a chain of 15 variety stores in Arkansas, Missouri and Oklahoma. Walton's savvy marketing skills and attention to detail led to Wal-Mart's expansion throughout the United States. By 1990 Wal-Mart was the nation's top retailer in terms of sales, and Walton was one of the richest men in the world. After his death in 1992 the company continued to expand, including online commerce and stores around the world. By 2001 there were more than 4,500 Wal-Mart stores worldwide.

Since Walton's death the chain has come under fire for its labor practices and aggressive marketing tactics. Arguing that Wal-Marts drove out other merchants, many local communities fought to keep new stores from opening, and in June of 2004 a lawsuit was filed on behalf of 1.6 million women, charging that Wal-Mart discriminated against female employees.
"The company was founded by Sam Walton in 1962, incorporated on October 31, 1969, and publicly traded on the New York Stock Exchange in 1972"
"The company was founded by Sam Walton in 1962, incorporated on October 31, 1969, and publicly traded on the New York Stock Exchange in 1972"

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βˆ™ 10y ago
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βˆ™ 13y ago

Sam Walton, founder of Wal-Mart, made his first shot at a variety store in Arkansas with a loan from his father-in-law and money he had saved during his time in the Army. He experimented with wholesale concepts, and kept his store open during times that other variety stores would typically close (holidays). Unfortunately, the landlord did not renew his lease for Walton in an attempt to pass the tremendous success of the variety store to his own son, thus Walton's first store was bought and he went else where to continue his new founded career. Walton began opening stores in Missouri and Arkansas with the help of his family; yet some stores failed. But in July of 1962, the first Wal-Mart was established in Rogers, Arkansas. With time, Wal-Mart conquered every state in America and became international. Sam Walton was a very devoted entrepreneur and though his business grew in such a way that he could not observe and take charge every where, he made it his greatest attempt to visit Wal-Marts and boosted the spirit of his employees and customers till his death in 1992. Currently, his children and family take hold of his business.

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βˆ™ 11y ago

Sam Walton was the founder of Walmart and the owner for many years.

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βˆ™ 12y ago

walmart owner was Jesse Martinez

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βˆ™ 14y ago

It is a franchise.

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βˆ™ 13y ago

Mr . Scroogerballs

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Q: Who is the owner of Walmart stores?
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