United States — Historical Events Description

United States flag
United States
Event
Birth of Sam Walton
Category
Other
Date
1918-03-29
Country
United States
Description

On March 29, 1918, Sam Walton was born in Kingfisher, Oklahoma. He would go on to found Walmart, which became one of the largest retail chains in the world. Walton emphasized low prices, efficient logistics, and aggressive expansion. His business model transformed retailing in small towns and large cities alike. Walmart’s growth brought lower prices for consumers but raised concerns about competition and labor practices. Walton’s legacy continues in debates over big-box stores, globalization, and the future of retail.