2nd Influence

Wal-mart was founded by Sam Walton and his brother. It was built around a low cost and no frills plan. They wanted to target the lower class and invest in cutting technology. Early innovation was the decision to buy directly from manufacturers rather than through wholesalers. The company was also committed to the "Buy American" program. Wal-mart became one of the fast growing stores averaging a growth rate 35% for more than a decade. Walton soon became one of the richest men in the world but he still preferred to be called Sam and felt more comfortable in his truck or at the loading docks.
Wal-mart was founded by Sam Walton and his brother. It was built around a low cost and no frills plan. They wanted to target the lower class and invest in cutting technology. Early innovation was the decision to buy directly from manufacturers rather than through wholesalers. The company was also committed to the "Buy American" program. Wal-mart became one of the fast growing stores averaging a growth rate 35% for more than a decade. Walton soon became one of the richest men in the world but he still preferred to be called Sam and felt more comfortable in his truck or at the loading docks.