A few of Wal-Mart’s milestones - Walmart Fact Checker · Bharti Enterprises and Wal-Mart enter...
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4 1962 Sam Walton, the company’s founder, opens Wal-Mart’s first discount store in Rogers, Arkansas USA. TIMELINE 1970 Wal-Mart opens its first distribution centre and establishes its headquarters in Bentonville, Arkansas. 1975 Wal-Mart makes its first acquisition, purchasing 16 Mohr-Value stores in the states of Michigan and Illinois. 1983 Wal-Mart is named “No. 1 Retailer” by Forbes magazine for the 8th year in a row. 1991 Wal-Mart opens its first international store, in Mexico City. 1994 Wal-Mart opens its first environmentally friendly prototype store. In 2010, Wal-Mart represents a network of 8 416 stores worldwide generating hundreds of billions of dollars in sales annually, but it started with a single store in Rogers, Arkansas in the United States in 1962. With such tremendous growth, highlights have been many, but here are some of the most significant financial, environmental and social milestones in Wal-Mart’s 48-year history. A few of Wal-Mart’s milestones Highlights from a short history of Wal-Mart Images: walmart.com
Transcript of A few of Wal-Mart’s milestones - Walmart Fact Checker · Bharti Enterprises and Wal-Mart enter...
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1962
Sam Walton, the company’s founder, opens Wal-Mart’s first discount store in Rogers, Arkansas USA.
TIM
ELI
NE 1970
Wal-Mart opens its first distribution centre and establishes its headquarters in Bentonville, Arkansas.
1975
Wal-Mart makes its first acquisition, purchasing 16 Mohr-Value stores in the states of Michigan and Illinois.
1983
Wal-Mart is named “No. 1 Retailer” by Forbes magazine for the 8th year in a row.
1991
Wal-Mart opens its first international store, in Mexico City.
1994
Wal-Mart opens its first environmentally friendly prototype store.
In 2010, Wal-Mart represents a network of 8 416 stores worldwide generating hundreds of billions of dollars in sales annually, but it started with a single store in Rogers, Arkansas in the United States in 1962. With such tremendous growth, highlights have been many, but here are some of the most significant financial, environmental and social milestones in Wal-Mart’s 48-year history.
A few of Wal-Mart’s milestonesHighlights from a short history of Wal-Mart
Images: walmart.com
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1999
Wal-Mart acquires the Asda Group in the United Kingdom, plus 71 Interspar out-lets in Germany. The company becomes the world’s largest private employer and is named “No. 1 Corporate Citizen in America” by the Cone/Roper Report.
1997
Wal-Mart is named the US’s largest private employer, with 680 000 associates in the US and 115 000 international associates.
1996Wal-Mart enters China through a joint-venture agreement.
2004
Wal-Mart hits the number one spot in the “Most Admired Companies” list in Fortune magazine for the second year in a row.
2006
The number of customers shopping at Wal-Mart stores reaches 176-million per week.
2007
Bharti Enterprises and Wal-Mart enter into a wholesale cash and carry business joint-venture in India.
2010
Wal-Mart expresses an interest in South Africa’s largest whole-saler and third-largest retailer, Massmart.
