The first Wal-Mart variety, opened in 1962, by Sam Walton in Rogers, Arkansas .The Superstore Giant now sells almost everything!. Although Wal-Mart began as a small variety store; within five years, Wal-Mart had opened an additional 23 stores with a total of 12.6 MM in sales. In May 1971, Wal-Mart acquired their first 100 percent stock split and listed on the NYSE one year later, within months, again Wal-Mart had yet another 100 percent stock split. By 1975, 125 stores were operating with 7,500 associates, $340.3 million in sales, and their third stock split. In 1979 with 276 stores, 21,000 associates and is in its 11th state; Wal-Mart became the first company to reach $1.248 billion in such a short time span.…
