Wednesday, October 20, 2010
Sam Walton
-it is important to be frugal
-creator of wal-mart
-out grew every retail chain in america
-married an 18 year old girl
-richest retail company in the world
-was in the dusr bowl in the thirties
-discribed his parents as the two people that hated each other the most that lived together
-did alright with girls
-went into the war
-dad worked for bank and forclosed houses
-proposed to hellen
-bought a diner for $25,000
-paid off loan in three years
-1950 = baby boom
-trippled renevue in one year
-had 16 stores in 10 years
-opened up wal-mart and became in debt
-$1,000,000 in sales in one year
-by 1969 had 18 wal-mart's
-owed $2 million in debt
-opened up profit sharing plan in 1972
-took down may small individual retail stores
-set up a college fund for central american stidents
-in 1991 wal-mart became the largest retail store
-april 5, 1992 is when he passed away
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment