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- Walton's 5 & 10Sam Walton opened his first store, Walton's 5 & 10, in 1950 in Bentonville, Arkansas1. The store was a Ben Franklin's variety store, which was a type of retail store that offered a wide range of inexpensive household goods23. Walton later opened the first Walmart store in 1962 in Rogers, Arkansas45. The company's unique approach of offering discounted products in large stores located in small towns led to rapid growth5.Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.The history of Walmart, an American discount department store chain, began in 1950 when businessman Sam Walton purchased a store from Luther E. Harrison in Bentonville, Arkansas, and opened Walton's 5 & 10.en.wikipedia.org/wiki/History_of_WalmartThe variety store (also known as a “five and dime” store) was a type of retail store that offered a wide range of inexpensive household goods. Walton’s first store was the crucible where he learned the fundamentals of retail.www.shortform.com/blog/sam-walton-story/Sam Walton’s retailing career began September 1, 1945, in Newport, Arkansas. He paid a princely $25,000 to Butler Brothers to franchise a 5,000-square-foot Ben Franklin’s variety store.hbswk.hbs.edu/item/sam-walton-great-from-the-startSam Walton opened the first Walmart store in 1962 in Rogers, Arkansas. Walton, only 44 at the time, wanted to succeed in the retail world running a store with low prices and exceptional customer service.www.rd.com/list/first-walmart-store/In 1962, Sam Walton opened the first Walmart store by mortgaging his house and borrowing money. The company’s unique approach of offering discounted products in large stores located in small towns led to rapid growth with over 1,000 stores and 150,000 employees by 1990.retailwire.com/blog/sam-walton-founder-of-walmart/
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WEBJun 1, 2016 · Walton's 5&10 in downtown Bentonville, Arkansas - the first store opened by Walmart founder Sam Walton. Although it has been refurbished since it opened in 1950, the store's layout has remained …
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