Management Hall of Fame
Most Respected Management Gurus

Sam Walton (Samuel Walton)
Wal-Mart A Retail Empire - (1918-1992)

  • "Our best ideas come from clerks and schoolboys." (Samuel Walton)

Key Work

  • Brought up in the depression-times in Midwest, USA
  • Wants to copy JC Penney retail business, borrowed from his father-in-law $25, 000 & Opens a franchise for Ben Franklin store in Arkansas, USA
  • Opens first Wal-Mart discount store
  • Pioneered the self-service concept, and championed hypermarts
  • Raises $5 million on the stock market through a public offering of Wal-Mart stock.
  • Builds 452 new stores.
  • Retires for two years.
  • Builds 1, 237 new stores.
  • Wal-Mart stock makes him wealthiest man in America.
  • Wal-Mart overtakes Sears and become biggest retailer in the United States.

Books & References:

  • TBA


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