Sam Walton (1918-1992)founded Walmart and Sam’s Club. He opened the first Wal-Mart Discount City in 1962 after having
several franchise Ben Franklin stores. His main
effort was to market American made products. Although after his death, this
practice was not continued. He placed his stores close to
distribution centers,
thereby having stores in
multiple areas, not just in
major cities.
He was listed as the richest man in the US from 1982 to 1988. Walmart and Sam’s Club stores
operate in the US and in 15 other countries including, Canada, Japan, Mexico, and the UK.