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Business literature

Made in America

eng. Made in America · 1992
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Interesting Facts

  • Sam Walton began his retail career working at J.C. Penney, where he worked for only 18 months.
  • The first Walmart store opened in 1962 in the small town of Rogers, Arkansas.
  • Sam Walton was known for his modesty and simplicity, despite his vast wealth. He often drove an old pickup truck and wore simple clothing.
  • One of the key factors in Walmart's success was the implementation of innovative technologies for inventory and logistics management.
  • Sam Walton actively encouraged his employees, calling them «partners» and making them part of the company's success through profit-sharing and stock programs.
  • Walmart was the first major retailer to use a satellite communication system to coordinate its store operations.
  • Sam Walton was a firm believer in the principle of «always low prices,» which became the foundation of Walmart's philosophy and helped the company win millions of loyal customers.
Made in America
Date of publication: 4 July 2024
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Author
Original titleeng. Made in America · 1992