retail news in context, analysis with attitude

by Kevin Coupe

Fifty years ago today - July 2, 1962 - Sam Walton opened the first Walmart store in Rogers, Arkansas.

Today, it has well in excess of four thousand, and Walmart is the world's largest retailer, the world's largest private employer, and one of the most powerful companies in the history of the world. And, as befits such an enormous business and political powerhouse, it is also the subject of enormous and persistent debate, with questions raised about its treatment of suppliers and employees, its financial policies in foreign countries, and even its (some would say) cult-like culture.

But it is amazing. It all took less than 50 years to achieve.
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