How many stores did Sam Walton own before his first Walmart store?
After graduating from the University of Missouri in 1940, Sam Walton began his own career as a retail merchant when he opened the first of several franchises of the Ben Franklin five-and-dime franchises in Arkansas. The first true Wal-Mart opened on July 2, 1962 in Rogers, Arkansas.
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Walton purchased a Ben Franklin variety store in Newport, Arkansas. The store was a franchise of the Butler Brothers chain. By 1962, Walton and his brother Bud owned sixteen variety stores in Arkansas, Missouri, and Kansas (fifteen Ben Franklin and the one independent Fayetteville store).
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Before Sam Walton built his first Wal-Mart, he owned four other stores. He is most famous for Sam's club and Wal-Mart.
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After graduating from the University of Missouri in 1940, he began his own career as a retail merchant when he opened the first of several franchises of the Ben Franklin five-and-dime franchises in Arkansas. ChaCha!
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