Tagged: sam walton

Sam's Show: The Spectacle of Wal-Mart's 1988 Shareholders' Meeting

by George Waldon 3/31/2014 12:00 am

Standing here in northwest Arkansas amid the appreciative gathering with sky blue “What's Important Is You” banners hanging from the rafters and scoreboard, the messes is clear: God, America, Wal-Mart. Welcome to the pageantry and spectacle of Sam Walton's capitalism rally — the 1988 Wal-Mart Shareholders' Meeting — touted as the largest shareholders' meeting in America, if not the world.

Warren Stephens: Inside the Wal-Mart Culture

by Gwen Moritz 7/2/2012 12:00 am

Wal-Mart's corporate culture has kept alive Sam Walton's style of frugality.

After Sam: Did Wal-Mart Lose Its Way After Walton Died?

by Mark Friedman 7/2/2012 12:00 am

Some put the blame of stagnant domestic same-store sales on Wal-Mart's management team, saying it has drifted away from Walton's essential philosophy of offering the lowest price.

Wal-Mart Used Technology to Become Supply Chain Leader

by Todd Traub 7/2/2012 12:00 am

In its relentless pursuit of low consumer prices, Wal-Mart embraced technology to become an innovator in the way stores track inventory and restock their shelves, cutting costs and passing the savings along to customers. In the process the company became synonymous with the concept of successful supply chain management.

Early Wal-Mart CEO Ron Mayer Remembers Sam Walton

by Kate Knable 7/2/2012 12:00 am

Ron Mayer was Wal-Mart's chairman and CEO from 1974 to 1976. And although founder Sam Walton had served previously as de facto CEO, Mayer was the first to hold the title. Mayer, now 77, worked for Wal-Mart from July 1, 1969, to June 30, 1976.

John Huey, Sam Walton and the Nickel

by Eric Francis 7/2/2012 12:00 am

John Huey remembers collaborating with Sam Walton on the latter's autobiography "Made In America".

Founded by Sam Walton, Modernized by Lee Scott

by Gwen Moritz 7/2/2012 12:00 am

The man who wrote the book on Wal-Mart says former Wal-Mart CEO Lee Scott brought Sam Walton's mid-20th century idea into the 21st century

Wealth Created by Wal-Mart Supports Massive Philanthropic Efforts in Arkansas

by Jan Cottingham 7/2/2012 12:00 am

Wal-Mart made a number of Arkansans very rich, and that wealth has been manifested in billions of dollars worth of gifts to educational, medical and cultural institutions in the state.

Wal-Mart IPO Set the Stage for Global Expansion

by George Waldon 7/2/2012 12:00 am

In preparation for the IPO, a hodge-podge of ownership interests in different stores was consolidated under one corporate banner: Wal-Mart Stores Inc. The corporation represented the merger of 78 partners that owned pieces of 32 stores, with the Walton family owning a majority stake in each. The stores also were a mixed bag of Wal-Mart Discount City, Ben Franklin, Walton's Family Center and Ben Franklin Family Center.

Wal-Mart at 50: A Not-So-Short History Of the World's Largest Retailer

by Eric Francis 7/2/2012 12:00 am

The lessons Sam Walton learned during those early, successful years of Wal-Mart allowed him to build the most successful retail chain in history. And just like the times that he took his planes up to search for potential Wal-Mart sites, it was Mr. Sam himself who was behind the stick, deciding which direction to go.

Arkansas Business Hall of Fame 2012: Jack Shewmaker

by Arkansas Business Staff 1/30/2012 12:00 am

Shewmaker had a love of systems and organization that Walmart needed. He committed to spending millions on satellite communications so that the general office in Bentonville, the distribution centers and the stores could quickly send data back and forth. By the end of that day, Walmart was on its way to having a communications system that would deliver information about inventory and sales in what in those days was the blink of an eye. This initiative set Walmart up for decades of skyrocketing growth.

Bentonville: Main Street Story is Like a Fairy Tale (Main Street Preservation (Over 20K) | Winner)

by Arkansas Business Staff 10/17/2011 12:00 am

Part of the dynamic growth Bentonville has experienced over the past decade revolves around downtown revitalization. Many new businesses have opened around the downtown square. That emphasis on keeping downtown vibrant as the city grows has earned it recognition as a 2011 Arkansas Business City of Distinction in the category of Main Street Preservation.