Like the first store, today's Wal-Mart is still driven by three basic beliefs. Although Mr Sam has left, his ideas and philosophy will always lead to success. Wal-Mart's success today stems from the fact that it is never satisfied with the status quo of the company. Wal-Mart is a visionary company. It cherishes its past very much and is good at summing up experiences and lessons from it, but it will not rest on its laurels. The following sequence of events reflects the development of Wal-Mart.
1960s
1962 sam walton founded the company and opened the first Wal-Mart department store in Rogers City, Arkansas.
1969101October 3 1 day, Wal-Mart Stores Limited was established.
1970s
1970, the company established its headquarters and the first distribution center in Bentonville, Arkansas.
1972 wal-mart's shares were approved for listing on the new york stock exchange.
1975 inspired by Korean workers, sam walton launched the famous "Walmart Cheers".
1980s
1983 opened the first Sam member store in the midwestern city of Oklahoma.
1984 sam walton fulfilled its promise to employees, and the company's pre-tax profit reached 8%. He dances hula on Wall Street.
1984 David glass became the president of the company.
Wal-Mart's satellite network was built in 1987, which is the largest private satellite system in the United States.
1988 David glass became the CEO of the company.
1988 the first wal-mart shopping plaza opened in Washington, Missouri.
1990s
1990 Wal-Mart became the largest retailer in the United States.
199 1 year, Wal-Mart opened its Mexico City store, and Wal-Mart began to enter overseas markets.
On March 6th, 2007, Mr sam walton was awarded the Medal of Freedom by President George Bush.
1992 On April 5th, Mr. sam walton passed away.
1On April 7th, 992, S robson walton became the chairman of the company.
1992 Wal-Mart enters Puerto Rico.
1993 wal-mart's international department was established, and bobby Martin became the president and CEO of the international department.
The first week's sales 1993 12 reached $65,438 billion.
1994 Acquired Canada 122 Woolco Store.
1995 entered Argentina and Brazil.
1996 entered China by establishing a joint venture company.
1997 became the largest private employer in the United States.
1997 has 680,000 employees in the United States and115,000 employees outside the United States.
1997 Wal-Mart became the Dow Jones Industrial Average.
1997 Wal-Mart's annual sales exceeded100 billion USD for the first time, reaching 105 billion USD.
1998 acquired 2 1 Wertkauf and entered Germany.
1998 first launched community stores, and Arkansas opened three community stores.
198 The annual charitable donations exceeded1000000 USD, reaching1020000 USD.
1998 entered Korea through the establishment of a joint venture company.
1999 has a total staff of 1 1400, making it the largest private employer in the world.
1999 acquired ASDA group (with 229 stores) and entered the uk.
2 1 early century
In 2000, it ranked fifth among the "most admired companies in the world" selected by Fortune magazine.
In 2000, Lisig became the president and CEO of Wal-Mart.
200 1 year, ranked third in "America's most admired companies" by Fortune magazine.
200 1 single-day sales hit a record, reaching 125 billion dollars the day after Thanksgiving.