| A | B |
|---|
| Sam Walton | an American discount department store chain, began in 1950 when businessman __________purchased a store |
| Walton's 5 & 10 | The name that Walmart was first given by Sam Walton |
| 1962 | The Walmart chain proper was founded in ______ with a single store in Rogers, |
| Southern United States | expanding outside Arkansas by 1968 and throughout the rest of the ___________ by the 1980s |
| 1983 | The company introduced its warehouse club chain Sam's Club in ______ |
| 1988 | Walmart introduced its first Supercenter stores in ______ |
| 11,000 | By the second decade of the 21st century, the chain had grown to over ________ stores in 28 countries |
| profit margin | Sam Walton made the decision to achieve higher sales volumes by keeping sales prices lower than his competitors by reducing his _______ |
| Wal-Mart | Responsible for the purchase and maintenance of signage, Walton's assistant, Bob Bogle, came up with the name __________for the new chain |
| Arkansas | By 1967, the company grew to 24 stores across the state of __________ |
| 1975 | As the company expanded into Texas in_______ there were 125 stores with 7,500 associates, and total sales of $340.3 million. |
| 1981 | In _________, Wal-Mart expanded into the southeastern US market, opening stores in Georgia and South Carolina, and acquiring 92 Kuhn's Big K stores |
| Sam's Club | In April 1983, the company opened its first ___________ store, a membership-based discount warehouse club, in Midwest City, Oklahoma. |
| 25th anniversary | By the company's ___________ in 1987, there were offices to track inventory, sales, and send instant communication to their stores. |
| 1988 | By ______ , Wal-Mart was the most profitable retailer in the United States,[7] though it did not outsell K-Mart and Sears in terms of value of items purchased until late 1990 or early 1991. |
