Today’s price check celebrates the first Walmart opening on August 2nd 1962, in Rogers Arkansas.
If you’re looking for cheap plastic crap Walmart is your place to go!
Walmart is the world’s largest company by revenue, according to the Fortune Global 500 list in 2014, as well as the biggest private employer in the world with 2.2 million employees.
Walmart is a family-owned business, as the company is controlled by the Walton family. Sam Walton’s heirs own over 50 percent of Walmart through their holding company, Walton Enterprises, and through their individual holdings.
In North America, Walmart’s primary competitors include department stores like Kmart, Publix, Target, ShopKo and Meijer, Canada’s The Real Canadian Superstore and Giant Tiger, and Mexico’s Commercial Mexicana and Soriana.
Competitors of Walmart’s Sam’s Club division are Costco and the smaller BJ’s Wholesale Club chain.
Some retail analysts see regional grocery store chain WinCo Foods as serious competition for Walmart.
Several smaller retailers, primarily dollar stores, such as Family Dollar and Dollar General, have been able to find a small niche market and compete successfully against Walmart.
A poll indicated that after 2004 US Presidential Election, 76 percent of voters who shopped at Walmart once a week voted for George W. Bush, while only 23 percent supported Senator John Kerry.
Due to its prominence in the Bible belt, Walmart is known for its “tradition of tailoring its service to churchgoing customers” as we say Amen to that, as we celebrate the first store opening up in Rogers Arkansas on August 2nd, 1962.
Written & Designed by JD Mitchell