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Walton buys a 5 and 10 store from Luther E. Harrison in a town called Bentonville, Arkansas
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Already haveing many of his Walton's Stores, he saw how sucsessful discount department stores could be and opened his first Walmart chain store
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Walton gets two stores outside of Arkansas one in Oaklahoma and one in Missouri
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Wal-mart now very successful has grown to 150 stores and profits are nearing 500 million dollars
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Wal-mart sees potential in new markets including automotive, jewlry, and a pharmacy
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Sam's Club opens as a membership based store that stocks many different types of items ranging from furniture to food
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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.
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Sam Walton dies of a blood cancer called multiple myeloma at age 74
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Replaces Woolworth on Dow Jones Industrial Average
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Walmart becomes largest private employer in the world
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Walmart employee Betty Dukes files a law suit claiming that male employees recieve higher pay and get more promotions than female employees.
