In 1945, Sam Walton opened the first of a chain of Ben Franklin five-and-dime franchises in Arkansas, and in 1962, his first Wal-Mart discount store. He created a national chain of Wal-Mart stores in small towns and rural areas, selling brand-name goods in high volume at low prices. The company went public and thanks to a unique decentralized distribution system and his charismatic leadership and celebrated hands-on management style, it grew exponentially in the 1980s. In 1991 Wal-Mart became the nation's largest retailer, with 1,700 stores; he was reported by Forbes to be the richest man in the country. He was president and CEO until 1988 and chairman until his death.
1151FDSam Walton - Bargain Billionaire (DVD)http://oldies.scdn5.secure.raxcdn.com/i/boxart/large/71/733961711394.jpg?v=424.9822.48USDOutOfStock/Product Groupings/AE-Biography/Sale Items/ULTIMATE-DVD-SALEA&E Home VideoDVDDocumentaries2009-07-23
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