How a Poor Boy Delivering Newspapers Built the World's Largest Retail Empire скачать в хорошем качестве

How a Poor Boy Delivering Newspapers Built the World's Largest Retail Empire

Sam Walton grew up delivering newspapers and milk during the Great Depression, walking door-to-door just to help his struggling family survive. With a $20,000 loan from his father-in-law and $5,000 in savings, he bought his first variety store in Newport, Arkansas, transforming it from $32,000 to over $200,000 in annual sales within three years through revolutionary retail strategies that prioritized everyday low prices and exceptional customer service. After losing that successful store when his landlord refused to renew the lease, Sam moved to Bentonville and opened Walton's Five and Dime in 1950. Twelve years later, on July 2, 1962, he opened the first Walmart in Rogers, Arkansas, implementing a contrarian strategy of targeting small rural towns that big retailers like Kmart and Sears completely ignored. His obsession with low prices, operational efficiency, and serving working families created a retail revolution that would eventually dethrone century-old giants. By 1991, Walmart surpassed Sears to become America's largest retailer, operating over 1,700 stores and generating $33 billion in annual revenue. Sam Walton became the richest man in America with a fortune exceeding $25 billion, yet he continued driving his beat-up pickup truck and living in the same modest house in Bentonville. He received the Presidential Medal of Freedom in 1992, shortly before his death from bone cancer at age 74. Today, Walmart operates over 11,000 stores in 24 countries, employs 2.3 million associates, and generates over $650 billion annually, saving American consumers an estimated $100 billion per year through aggressive pricing. This is the complete story of how a newspaper boy from the Depression built the most powerful retail empire in human history by never forgetting what it meant to count every penny. #SamWalton #WalmartHistory #BusinessSuccess #Entrepreneurship #RetailRevolution