Eli Reichman - Time & Life Pictures/Getty Images
Walton graduated from the University of Missouri with a degree in economics and entered a J.C. Penney Company management training program in Des Moines , Iowa.
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#1 Mar 29, 2009
U.S. retail firm, based in Bentonville, Ark.; by 1990 third largest retail chain in U.S., after Sears and K mart; founded by Sam Walton in 1962; first store opened near Rogers, Ark; had grown to more than 1,100 stores by mid-1988; opened first hypermarket (very large combination grocery supermarket and general merchandise store) in Garland, Tex., in December 1987; generally concentrated in Texas and Gulf Coast states; extremely efficient inventory turnover system; inaugurated “Buy American” campaign in 1985 to save domestic manufacturing jobs.
Maybe if his heirs kept up with THIS practice,...more people today would be employed.
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