Walmart

Walton buys his fist store

May 9, 1950

Walton buys a 5 and 10 store from Luther E. Harrison in a town called Bentonville, Arkansas

First Wal-mart opens

Oct 30, 1962

Already haveing many of his Walton's Stores, he saw how sucsessful discount department stores could be and opened his first Walmart chain store

Aquires stores outside of Arkansas

May 15, 1968

Walton gets two stores outside of Arkansas one in Oaklahoma and one in Missouri

Number of stores reaches 150

Dec 5, 1977

Wal-mart now very successful has grown to 150 stores and profits are nearing 500 million dollars

Wal-mart opens new markets

Sep 16, 1978

Wal-mart sees potential in new markets including automotive, jewlry, and a pharmacy

First Sam's Club opens

Apr 7, 1983

Sam's Club opens as a membership based store that stocks many different types of items ranging from furniture to food

Walton steps down as CEO

Sep 5, 1988

Walton steps down as Executive Officer and leaves David Glass in his place. Although no longer CEO, walton stayed on as chairman of the Corporate Board of Directors.

Walton dies

Apr 5, 1992

Sam Walton dies of a blood cancer called multiple myeloma at age 74

Dow Jones Industrial Average

Aug 12, 1997

Replaces Woolworth on Dow Jones Industrial Average

Largest employer

Oct 5, 1999

Walmart becomes largest private employer in the world

Law suit filed

Jun 19, 2001

Walmart employee Betty Dukes files a law suit claiming that male employees recieve higher pay and get more promotions than female employees.