Walmart 2012 Annual Report Download - page 2

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1960s
1962: On July 2, Sam Walton
opens his first Walmart in
Rogers, Ark.
1967: The Waltons now
own 24 stores, ringing up
$12.7 million in sales.
1969: The company officially
incorporates as Wal-Mart
Stores, Inc.
1970s
1970: Walmart becomes a publicly
traded company on October 1.
1971: The company’s first distribution
center is opened in Bentonville, Ark.
1972: Walmart is listed on the New
York Stock Exchange (ticker: WMT).
Now with 51 stores, Walmart records
sales of $78 million.
1975: Inspired by a visit to a Korean
manufacturing facility, Sam Walton
introduces the Walmart cheer.
1976: David Glass joins the company
as EVP of finance.
1979: The Walmart Foundation
is established.
1980s
1980: Walmart reaches $1 billion in
annual sales, faster than any other
company at that time.
1983: The first Sam’s Club opens
in Midwest City, Okla.
Walmart replaces cash registers
with computerized point-of-sale
systems, enabling fast and accurate
checkout.
1987: The company installs the
largest private satellite communica-
tion system in the U.S., linking the
company’s operations through voice,
data and video communication.
1988: The first supercenter opens,
in Washington, Mo, combining
general merchandise and a full-
scale supermarket to provide a
one-stop shopping convenience.
David Glass is named CEO.
All trademarks in this report are the property of their respective owners. © 2012 Wal-Mart Stores, Inc.
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