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Samuel Moore Walton (March 29, 1918 – April 5, 1992) was an American business magnate best known for founding the retailers Walmart and Sam's Club, which he started in Rogers, Arkansas, and Midwest City, Oklahoma, in 1962 and 1983 respectively.
It is headquartered in Bentonville, Arkansas. [11] The company was founded in 1962 by brothers Sam and James "Bud" Walton in nearby Rogers, Arkansas. [12] It also owns and operates Sam's Club retail warehouses. [13] [14] As of October 31, 2022, Walmart has 10,586 stores and clubs in 24 countries, operating under 46 different names.
The majority of the family's wealth derives from the heritage of Bud and Sam Walton, who were the co-founders of Walmart. Walmart is the world's largest retailer, one of the world's largest business enterprises in terms of annual revenue, and, with just over 2.2 million employees, the world's largest private employer.
Walmart announced that the Walmart Holiday Deals event (to rival Amazon Prime Day, of course) will launch with savings starting Tuesday, October 8, and run through Sunday, October 13. That's ...