>WalMart was owned by the Chinese with an American traitor front
sauce on that one?
Does anyone else think this sounds fishy as hell?
48 years ago WalMart went public offering lower prices and "great" service.
How the hell can you turn into a trans-national corporation offering LOWER prices? SERIOUSLY?
Must all be cabal money.
In 1950, the Waltons left Newport for Bentonville, where Sam opened Walton’s 5&10 on the downtown square. They chose Bentonville because Helen wanted small-town living, and Sam could take advantage of the different hunting seasons that living at the corner of four states had to offer.
Inspired by the early success of his dime store, and driven to bring even greater opportunity and value to his customers, Sam opened the first Walmart in 1962 at the age of 44 in Rogers, Arkansas.
Changing the Face of Retail
Sam's competitors thought his idea that a successful business could be built around offering lower prices and great service would never work. As it turned out, the company's success exceeded even Sam's expectations. The company went public in 1970, and the proceeds financed a steady expansion of the business. Sam credited the rapid growth of Walmart not just to the low costs that attracted his customers, but also to his associates. He relied on them to give customers the great shopping experience that would keep them coming back. Sam shared his vision for the company with associates in a way that was nearly unheard of in the industry. He made them partners in the success of the company, and firmly believed that this partnership was what made Walmart great.
Sam Walton Receives Medal of Freedom. Sam waves to the crowd while others clap in the background.
As the stores grew, so did Sam's aspirations. In addition to bringing new approaches and technologies to retail, he also experimented with new store formats—including Sam's Club and the Walmart Supercenter—and even made the decision to take Walmart into Mexico. Sam's fearlessness in offering lower prices and bringing Walmart's value to customers in the U.S. and beyond set a standard for the company that lives on to this day. His strong commitment to service and to the values that help individuals, businesses and the country succeed earned him the Presidential Medal of Freedom, awarded by President George H. W. Bush in 1992.
It was during Sam's acceptance remarks that he articulated what would come to be Walmart's official company purpose.
If we work together, we'll lower the cost of living for everyone…we'll give the world an opportunity to see what it's like to save and have a better life.
Today, "saving people money so they can live better" is the driving force behind everything we do.
>he purposely set out to destroy his competitors from the beginning. he brags about it. would buy bulk, cheap underwear at half the price of his competitors and still make a profit because the product was cheaply made with slave-like laborers.
Sad thing is, I'm too young to remember when stuff was made and made well. 34 to be exact. However, I buy antique things and keep them around because they are well made and still work for their intended purposes.
Some examples include old lightweight/smooth cast iron pans, 1960's Revereware, Ag Company Metal spoons with wood handles, Maytag wringer washing machines, David Bradley garden tractors, and I still have my father's old Craftsman mechanics tools.
Ty anon
>Doesn't talk about how he built the business on the "Made in America" brand, then started importing Chinese shit products and kept the prices the same or increased them.
Duh I hadn't thought about that point. Very good point there…. I remember the early 2000's made in America promotions but hadn't thought about it as in back then.
thank you for the advice anon.
Speaking of toaster I do still have an old old toaster that is really nice. It's stainless steel and heavy and still works, and somehow it still looks good.
We have a new kitchen aid that does serve our purposes but it'd be nice to find one of the older ones that didn't have the plastic gear.
I used to have a Champion juicer that I should have kept. Like a good banana smoothie now and then.