The success of Wal-Mart is due in part on location in remote cities across the country.
Founded by Sam Walton in 1962, as discount department store.
The only other store that has similar retail items and services is Super K Mart which has seriously declined in retail status over the past 10 years.
This store was twice as big as the original Walton 5 and 10 in Bentonville and sales were $975,000 in the store's first year.
Sam Walton built Wal-Mart on the revolutionary philosophies of excellence in the workplace, customer service and always having the lowest prices.
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We have always stayed true to the Three Basic Beliefs Mr.
Efforts to tackle the problem of sexual harassment, abuse and discrimination are underway within the International Labour Organization.
On June 8, 187 members states agreed to work towards a Convention on ' Ending violence and harassment in the world of work', with negotiations on a final text expected next summer.
Fast forwarding to present times in the year of 2009 Wal-Mart generated 51% of its 8 billion sales in the U. Sam Waltons' overall business strategy was to achieve higher sales volumes by keeping sales prices lower than his competitors by reducing his profit margin.
The same strategy is still used today and has not changed in forty nine years.