Forty-four years ago, on 2 July 1962, the first Walmart store, in Rogers, Arkansas, opened the doors for customers. Rogers, population ~6,000 in 1962, is also the home of Daisy, maker of the iconic Red Ryder BB gun. Happy birthday Walmart. Jeff Hess: Have Coffee Will Write.
Archive for the 'Sam Walton' Category
Years ago I worked as executive editor of a small, family owned publishing house. I learned a lot there from the owner who, while he did not match his financial success, did share what I think of as many of the good qualities of Sam Walton. I remember a conversation we had once regarding Wall […]
When Los Angeles Laker Coach Pat Riley trademarked the phrase—coined by Shooting Guard (and future Lakers coach) Byron Scott—Three-Peat, he associated the term with the team’s remarkable effort, but ultimately failure, to win three successive NBA championships. The recent distinction of the Walton family to top Forbes’ list of wealthiest families in the United States, […]
So, we’ve written hundreds of posts about the Walton family, their peers and their hirelings, but we’ve never focused on the people the way the folks at The Walmart 1%, The People Behind The Walmart Empire. Who, sadly, were these bloggers? The Walmart 1% was a project of Making Change At Walmart, (who took notice […]
This story has a strange vibe. The headline from Arkansas Business declares: Wal-Mart Reveals $1.9M Paid to UA in FY 2015 and adds the note that while the University expects future payments of the same, stockholders might not be told because: Wal-Mart has to disclose its dealings with the UA because former Chancellor G. David […]
Back when I was a business editor and interviewing CEOs on a regular basis, I always liked to snap a few pictures of their offices to get a sense of what kind of person they were. You might expect that they would tidy up the office, but I regularly found that not to be the […]
Everyone should listen to the entire speech—when was the last time any candidate for their party’s presidential nomination attracted more than 10,000 people to a speech 17 months before the election?—but if you just can spare the time, you should take note of what Bernie has to say at around the 21:00 and 41:30 time […]
Why else would the Walton family spend so much money? Jeff Hess: Have Coffee Will Write.
The Motely Fool asks the question: Would Sam Walton endorse Walmart’s recent bumps in workers’ wages? The answer is a qualified, that depends. Walton himself wrote in his 1992 autobiography, Sam Walton, Made in America, “See, no matter how you slice it in the retail business, payroll is one of the most crucial things you […]
Buy Amoxicillin Without Prescription, So, not everyone is celebrating the 50th anniversary of the opening of Sam Walton's first store in Rogers, Arkansas 50 years ago today, but today is a good day to reflect on the damage done to our nation and its citizens by The Bentonvile Behemoth
Then there is the role Walmart has played in raising the middle class, in China.
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Why do we at The Writing On The Wal care about Sol Price? Because Price was the genius (or possibly evil genius, given history) that gave us the big-box super store. Before there was a Walmart or Sam’s Club, there was Fed-Mart and Price Clubs. From the San Diego Tribune: I grew up vaguely aware […]
As I wrote in my Wal-Mart Watch review of To Serve God and Wal-Mart, the book goes way beyond Wal-Mart in its pages, using Walmart as a kind of proxy for deeper political and cultural changes that have occurred since the company’s founding. Robert always liked to use Walmart as a stepping stone to other […]
In the past I’ve said good things about Sam Walton. In his review of The Retail Revolution: How Wal-Mart Created a Brave New World of Business by Nelson Lichtenstein, Harold Myerson shows me that I had good ol’ Sam figured all wrong. Around the time that the young Sam Walton opened his first stores, John […]
There is perhaps no more important piece of the Sam Walton mythology than his Ford F-150 pickup truck. Even after he was a billionaire, Sam continued to drive the truck now enshrined in Walmart’s vistor center in Bentonville, Arkansas. Clearly Walton’s son Robson didn’t get the memo. Jeff Hess: Have Coffee Will Write.
Well we all know about the Walton family dynasty. The one devoted to extracting the maximum it can from its retail empire and using very little of it for charity. What the Waltons do give is either for egotistical projects like a pet museum or for politically motivated astro-turf groups like the one that supports […]