World Retail Empire No. 1

Author: Harrison
Publisher:
Publish Date: 2003-12-01
Features: Behind every success lies a great deal of hardship and sweat. How did Walmart step by step reach its success? Now, let's get closer to Walmart together. Former U.S. President George W. Bush said, "Sam Walton, a true American, possesses the virtues of honesty, hope, and hard work; he embodies the spirit of entrepreneurship and is a of the American Dream. The United States pays tribute to this business leader, wishing his life as successful as his career."
The founder of Walmart, Sam Walton, started from scratch in a small town in the Midwest of the United States. He incorporated his unique principles and philosophy into Walmart's corporate culture. From small to large, from a town to the entire nation to the world, Sam not only created a retail miracle but also pioneered a new way of operating in the retail industry. The franchise model and modern technology gave Walmart wings to soar, driving its business scale to expand continuously. It was through leveraging high technology to tap potential that Walmart achieved constant cost reductions and rapid growth.
The significance of Sam Walton and the retail empire he created exceeds the success of his company itself. Walmart's way of thinking quickly became a standard that businesses worldwide admire.