The Poor Farmer Who Created Walmart
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- Опубликовано: 3 май 2024
- 572 billion Dollars.
That’s the total revenue Walmart generated in 2021. With over 2 million people working for the company, it is the largest employer in the World and the biggest retailer in terms of sales. But building such an empire was no easy feat. It all started with a poor farmer, who after being told he had no career in the retail business, decided to open his own store.
Chapters:
00:00 - 00:55 Prologue
00:56 - 03:54 Humble Beginnings
03:55 - 06:46 The Ben Franklin Store
06:47 - 09:50 Starting all Over
09:51 - 12:18 The Birth of Walmart
12:19 - 15:11 Taking Over the Industry
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If Sam was alive today he would be appalled at the way the associates are treated by his company. He flew his own plane and visited stores wearing jeans and a baseball cap.
He was an incredible human being but Walmart today is operated by individuals who couldn't care less about their employees.
I was once an optometrist at a Walmart . Despite being a violation of law, store managers felt entitled to interfere with doctor's practice. Walmart does not pay well, so store managers are uneducated and tend to be bullies. Walmart fires people at whim.
@@paulbrungardt9823 I agree with you 💯. They also interfere with pharmacy staff. These people don't realize that you have been licensed by DPR besides the education you have completed. What an insult. I just can't understand how they get away with it.
Those who have never worked at Walmart will never understand, o ly argue and disbelieve.
I say take the Walmart challenge see how long you last.
At the store I worked at has the highest turn over in the state, from managers to associates.
Some last a day,one during orientation was shown her department, she never came back.
Few other u til the granted meal break.
If the store had enough help.
You had to ask permission to go on break, take lunch break, use the restroom, the front end manager found out you left with Noone to cover tour absence. Was severely disciplined.
I enjoyed being called into the office, was called in once a week.
I won everytime.
The denied restroom privileges and lunch, I called OSHA reported the infractions.
Next day a meet with several managers including the store manager, I pleaded my case I never had to call to have my absence covered.
Front end manager was none to kind if she saw you stand in the bathroom doorway and state I have no one to cover you got to go back.
I stood up to her as well after enough times she left me alone.
Not all Walmart run this way mine was.
Then don't work there
@@Marcus_-sy9fi why? You work there?
Amazing story and cool to see Mr. Walton actually cared about his customers
😂😂😂😂😂😂😂 Fantazy
Unfortunately, the Greedy people that took over let walmatt go to garbage! They take ALL they money after the family takes their cut
I wish everyone was as thoughtful as Sam Walton. Rest in peace, Sir you have helped countless people in the world.
@@hotbello0071 That goes for every corner of America's Most Despised Retailer. Cheat, screw, lie, scheme, mislead, scam, manipulate, hoodwink, double-talk... If it's illegal, Walmart's up past their eyebrows in some kind of deviant fraud.
Lie Number One: "Always Lower Prices...Always".
He would be heartbroken at what it’s become.
his kids messed everything up
It's funny how you people like to talk trash about Walmart and still shop there.
@@LF12468 how do you know where I shop? There are other grocery stores.
What walmart become now?
@@nolaeast7412 how they mess it up.
My mother worked for Wal-Mart when Sam was in charge. He knew there were a lot of M&P businesses just barely there, with no future in the long view. He sent small teams into towns where there was going to be a new store. They would go around to the small businesses in the 2 or 3 months before Wal-Mart opened and explain that they needed to change the way they operated in the Wal-Mart world. Walmart is a discount retailer with a massive supplier base. They typically do not go beyond what will turn fairly quickly. She went into bicycle shops and explained their 100.00 bikes were going to be 75.00 bikes in short order, but Wal-Mart was not going to get very much above that line, so, they could move to a higher line of bikes, like a 200.00 bike, and WM would not be in that market. One bike seller took them at their word, and dropped the 100.00 bike, when Wal-Mart opened, but offered to assemble a Wal-Mart bike in their shop for 5.00. They sold lights, horns, fancy addons, and the kids knew they had a layaway plan for 2, 3, and 400.00 bikes. When the basic bikes were no longer good enough, they knew where to go. The bike shop flourished, the guys at Wal-Mart referred parents to the shop when they needed repair. That particular shop outgrew their little shop and added expensive bikes to their line. Walmart still sells basic bikes, that shop still assembles them and they have a 5.00 assembly fee, BUT, if the family buys stuff for the bike, they can use the 5.00 as a gift coupon on the purchase. That bike shop is still in business, but he stocks 500.00 and up bikes along with his 200.00 ones now. Not everyone did this, and fought them on their own turf, they all failed who did not change some of their ways.
I used to be an assistant manager at Walmart and Sam's Club. The company has absolutely no idea what is going on or how to treat their employees. All these store managers are horrible and the greed is unreal in these places. Employees are treated like garbage and favoritism runs rampant across all stores. It's truly unreal how horrible it's become from it's origin.
true true
Sounds like a pissed off ex-employee to me. Start your own company and create the utopia like atmosphere you wish for
I should know. I worked for them. And, got fired from the store! I probably should've filed suit, but would've probably won, because they were Wal-Mart!
Everyone has their opinions.
I worked for Walmart from 1997-2017… Retired and I had a great career with Walmart
The company was good to me and I worked in 5 different stores and we took care of our associates
@@brentduncan18 while you sound like a greedy dirtbag manager/ admin. They're sharing their experience so back off.
Absolutely love his story . I remember as a kid we had Kmart. As soon as Walmart moved next door Kmart disappeared. Then Target competed and moved next door. Both still exist.
We have Kmart, I'm in a Australia, we don't have a Walmart.
Been with WM almost 4 years. Lets just say our Xmas party was a joke and the store is literally a revolving door of employees! There is no management team or oversight, "Coaches and Leads" run the store with absolutely NO support. The stress is high due to the foot traffic and the needy customers. Everything in the store is OLD and OUTDATED!!! The competition looks and smells delicious......SO much to offer....Walmart is more...Processed and BIO engineered food. I could GO ON LMAO......they pay well, about it! Sam Walton would NOT be happy . $2T in sales in 5 years and we dont even have AC in our building...its broke!
@@naomiwarms5039 Consider yourselves lucky! Kmart was always a better operation. In the US Walmart killed Kmart and Sears and thousands of others without remorse. When people got used to low prices, Walmart raised them to levels higher than the competition, which is where they remain today.
In 1976 my father became city manager of Bella Vista Arkansas so our family moved from Mesquite Texas. I finish the next two-and-a-half years at Bentonville High School where I graduated. Got to know Sam at his local store at town and different functions he was a country Farmer at heart. Was kind and sack your groceries. His stores would carry made in the USA merchandise. Only wish I had bought stock in Walmart LOL. But move back to Texas after I graduated high school.
Very Interesting, small world right?
@@BigCompanyYT this channel is going to be big please keep video as contiues
Most people did not know Sam had a son who served in MACV/SOG in Vietnam. He was awarded a silver star during his time in Vietnam, came home and started his own business. Sadly he was killed in a plane crash when he was in his 50's.
@@BigCompanyYT excellent content and great editing. You popped up in my feed and I watched every video in a row👍. Keep it up and you’ll be a successful RUclipsr in no time😊
@@bunny.4615 Now I like Walmart for "Innovative Retail Store because of My own Impressions" !
Very impressive man! I always shop at Walmart because of the low prices. Thank you Sam for your smart business ideas, you'll always be remembered.
Maybe the low prices. But, the management were and are garbage! They had no idea how to treat employees!
@@matthewjahnke6956couldn't agree more! Store I work in has the highest turn around and termination rate! Management is garbage
The production quality of your videos are simply next level.
Thank you for these wonderful stories!
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My mother briefly dated Sam Walton way back when. I have heard good things about him. From what I have heard he would be very disappointed in what Walmart has become. But I think when you grow up with everything being easily accessible and having the money to do pretty much anything you want you are disconnected from the rest of the population. If you have never experienced being less fortunate, you will never truly be able to imagine it or understand what it's really like. Unfortunately, people down here in the mid to low income brackets are held hostage by Walmart because it's hard to beat their prices. 🤷🏻♀️
agree with you.
I personally can’t afford to shop at Wal-Mart. Larger grocery store chains offer discounts with reward cards that lower costs below that of Wal-mart. Our government taxing medical needs and the food we need to nourish our bodies is a hostage situation.
@@georgia-outside825 I do shop sales from other stores. Anything to save money. There are a certain things that I can only find at Walmart. We do what we have to to get by. Every store has slightly different selections on top of the sales and coupons.
Sam Walton is my dad's great great uncle and his brother bud is my dad's grandfather. He'd be very disappointed how Walmart has turned out.
Sam Walton is my dad's great great uncle and his brother bud is my dad's grandfather. He'd be very disappointed how Walmart has turned out.
Imma former Walmart driver when he was running it he treated us like Kings mad respect to old man sam Walmart 👍
He used to do everything he could to stock MADE IN AMERICA.🇺🇸 It is sad how China has taken over the great majority of our manufacturing. His family has become everything old man Sam Walton hated. All about profit - & not for you the employee, or customer. The stock holders & his greedy posterity.🤑Sad.
@@davisholman8149 - Seen that happen to a 100 companies, once the bean counters get hold of control. All they want to do is maximize profit to a point where people are not happy with they are offering. Sam's clubs is already losing out to Costco and Amazon has taken a chunk out of them too. A lot of companies run by accountants eventually die out and it wouldn't surprise me if WalMart ends up that way in 20 years either.
Walmart drivers now make close to 6 figures or more. That sounds like they still treat the drivers pretty good. Wth are you people on about?
@@LF12468 just cause they pay you well doesn't mean they have to be nice about I can make you a steak 🥩 and serve it you on a garbage lid would you?
@@LF12468 ok its not about money its about respect for the individual THE TOP RUle of Sams .
I watched this video to see if my dad's hometown was mentioned. He grew up in Newport Arkansas. He told me that Sam tried to open up what turned into Wal Mart in Newport but wasn't allowed so swore to build the interstate around the town so the town would never thrive. Today that is the case, Newport is still a tiny town basically in the middle of the nowhere.
Some ppl were born to make things better! Sam did a Great job despite the challenges he faced! Great leaders take risks and push their dreams forward.
Actually I want to Share to you about Something.
Nice
In my opinion everyone has the ability to exceed in life but don’t have the drive to do so. Sam choose to push more despite his obstacles & folks not believing in his dream. He believed in his dream & did what he felt was needed to accomplish those dream . Great story.
Dude you do know unlike most sams dad had money thus why he can risk it
Thank you a lot for sharing.
It is good to see how people can beat the odds to achieve success. These reports are truly motivating.
Hey Richard, I’m sorry for breaking into your privacy but I hope we could get to be friends since we both love soccer and I’m hoping to hear from you back 😍
Wish I had a 20k loan.. I could build wealth too
This channel I just found literally 2o mins ago...I just watched the Ford video. Has already become a favorite
he's epic for showing how people get angry when the future changes and they don't change with it
Solid content my man. Watched your Rolex one and this
Sam Walton was no poor farmer. He joined the military in WW2. His brother Bud was a WW2 veteran too. They both tried different businesses until they went to work for J.C. Penney. Thats where they learned retailing. Sams boss showed him a bonus check for $18,000 dollars. Sams wife was from a rich family of landowners , lawyers and judges. Sams brother Bud bailed him out of financial trouble to help him.
Thank you for that accurate information
so informative and guide line for us...... THANKS
Awesome video again man. All caught up now. Top quality here 👌
Thank you very much! Concise and to the point! Really looking forward to more videos like these!!!
Biggest fan… here before even 100 subscribers… GIVE IT 1 YEAR of consistent uploads and you’ll be at atleast 100k subscribers, mark my words.
Great video! Thank you!👍
Big King thank you so much. I watched the Waltons in Texas on tv
What a legend, he created Walmart and Sam's Club 2 amazing stores to shop at with low prices!
Uhh...not anymore.
For a brick and mortar store, Walmart is still the undisputed king.
I love Sam’s club!
@@j0ellyfishthere is nothing cheaper ding dong
@@rafaelrivera5643 dollar stores, ding dong.
I met him once when Walmart opened its then largest store to date in palmdale calif in 1991. He was handing out Walmart hats at the front lobby
That’s cool
Blessings. Thankful for Walmart.
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Thanks for this wonderful video
The quality of production is impressive for such a new channel! You'll get to 200k followers in no time. Great content.
This is how socalists will be defeated
very knowledgeable and very inspiring video about the rise of Sam Walton.
Bring more content like this.... Really like the way you present the stories of these great entrepreneurs 😍👌🏻👌🏻
Very good presentation keep it up. Get the big titans as well , Andrew Carnegie, rockerfeller, Fire Stone, etc
What i learnt from successful is that nobody is useless everybody can excel in his strength
Walmart went down badly when Sam passed away because he always wanted USA goods in his stores.
Sam would be spinning in his grave if he only knew how greedy his kids were.
Sad they buy Chinese crap.
It would have been a boom
For America if they had kept
Buying local with their sales.
Went down?
@@thhdhn2 yes went downhill, his kids are greedy and they treat their employees like dirt on the bottom of their shoes. And Sam Walton was about selling stuff made in the USA. I bet there's only a handful of items that are made in the USA at your local Walmart.
Down hill as in quality of goods they sell and the treatment of their employees
Thank you for producing this quick documentary on Walmart. I happen to love Walmart. You can get you oil changed in your car and shop for groceries and housewares. I love the quality and convenience. Sam Walton made his employees happy and his community. Today if your an RV'er you can stay in a Walmart parking lot while your on your road trip. That is hospitallity.
Right, so many people love to complain, but they never do anything to give an alternative.
I wouldn’t take my car to them. Their service teams are made up by anyone they hire. While i worked there in the grocery end of the store I was eligible to move over to change your oil and I did apply. How much knowledge and automotive education do i have? I Google search, ask folks on forums and download service factory manuals for my cars to try and do some of my own work. Basically, I wing it. While i worked for that company one of their automotive service manager moved over to manage us at grocery. Her experience, zero. She came up to us on her first day and said she was going to watch us work to learn. The person who took her place in the service center came from the homes area. They shuffle their managers 2-3 times a year, drop any managers they dont care for to promote people that sleep around with managers and management cronies. More often than not workers know more than management because as workers managers spent their time in gossip and hooking up, so they stand by the “fake it till you make it” motto. Except, the Walmart version means lie your ass off and stick to it (fake it) until you frustrate workers and customers into believing or dropping it (till you make it).
@@ThisNamesNowTaken Sounds like literally any other workplace with the hooking up. You think people changing oil at a dealership are ASE certified? LOL.. no.
Love the videos! 👏👏👏
I’ve never worked directly for Walmart, but my family’s landscape company did the summer outside maintenance and winter snow removal. They continually ask for more and more to be done “outside of the scope of work”. As laid out in the contract. They expected outside contractors to go above and beyond the contract terms. (3rd party), they hire national and regional outside companies to oversee the work done outside their stores. Whenever it fit their schedule. To know surprise we didn’t get an opportunity for renewal of the contract. Great!! We’re able to make sooo much more money both summer and fall. Working for the corporate chains, you only get “x” amount of dollars for snow removal, whether you’re there 1x a year or 100x. In a heavy snow year, we were lucky to break even with both fuel, salt and equipment costs combined. Anyone who thinks working for the national store franchises will make them money… good luck. When we did get the contract for both Targhetto and Walmart the same 2-3 years, it was WAY more work than it was worth it. Always needed their manager to sign off on each snow removal completion. If you didn’t clean up where extra bread deliveries are stored outside abd transferred into from truck to store (contract did not say anything about that). But when you used their contract against them… they were furious they had to pay out more money!!
It is wonderful how much his family gives to the community of Bentonville, Arkansas.
Not just Bentonville but the whole NW Arkansas area. I live a few blocks from the location of the first Walmart
keep up the good work, very nice story telling
It's 1am in the morning, I should be sleeping but am watching success stories of Honda, KFC and now am here. Mind you I have to wake up at 6am💁🏽♀️ probably will jump to the next one after....wish me luck
Awesome. He has developed a very important skill. "An Eye for opportunity"
I work at a retail supermarket in Papua New Guinea ,this was very motivating and inspiring 👏👏
Brilliant to Hear what you said, But I need to Chat to you of Something
Thanks
Hey not sure if the comments keep getting deleted or im going crazy, but Im a big fan of your work! loving the high quality
Keep the great videos coming bro
Great job producing this video. Keep this up and in a relatively short period of time you'll have 250, 000 subscribers. If you can put together two videos each week my prediction is you'll have that quarter of a million subscribers easily within 6 months probably more like 4 maybe 3 months!
Exactly what I thought
True bro
I also love these videos. But I wonder whether the videos won't be taken down since they use clips from famous movies. That would be sad. Keep safe and keep up the great work!
Nice Smart and Wise Business Humble Man even had a heart and took care of his employees too, (Teamwork)
His children will never lack need or want for anything in the
Finance/Money Department.
By the way,
Walmart is my favorite Wholesale/Retail Store in the world, I'm like a TODDLER when going to Walmart.
God Bless
Phenomenal breakdown. Love your videos. New subscriber but can’t wait to check out your other vids
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I like scar face footage
we're in 2022. weve seen so many shortcuts to getting rich by now. old business models are just getting old to state the obvious
John Walton lived a mile from me in National City, Ca. a suburb about 5 miles south of the city. A wonderful area, but not a wealthy La Jolla. I remember in the San Diego Union an interviewer asked John, “ why do you live in National City?” John replied, “ I like National City, it’s alright”. He died in a plane crash later, and they turned that house into a School for Social needs children.
Great man 👏
continue the good work
Sachiro Honda, Pretty impressive guy. He continue to push forward to re-invent his product over and over again. Fantastic!!
A self made man .
Starting Walmart was a game changer. Good documentary. ⭐️⭐️⭐️⭐️⭐️
Thank you 😊😎👍
Very inspiring story
I love the fact he was a vet and continued improving, it shows we must love our country, never give up,AMERICAN WAY !!!
This was great, would really like to see one about IKEA and its founder. It's quite similar to this one and still a brilliant case study in business strategy.
What a marvelous American success story
LEGEND!
I had the chance to meet him and he was truly a nice guy I hate that the family didn't keep his company.
I did a lot of business with Walmart and can tell you I was treated great and the people I dealt with were fantastic. They are really a quality conscious company and strive to give their customers a good value for dollar spent.
On what part of the planet is this?
not where, when. k mart had better products cheaper, when they were in stock. wal-mart was always fully stocked. the workers in both were always nice. I miss the 80s can we go back?@@sharkwhisperer7326
I was waiting for Sam or anyone else to mention the lovely fact that was and still is regarding the high cost of low wages - and the prices are certainly not what they used to be. Low wages for back-breaking work and unethical treatment, I could go on and on and on but I don't want to write a book here! But for sure, someone should.
I have a feeling that this channel is going to take off big.
I work at Walmart as cashier since 2 months. Every employee are friendly and work so hard. I applied some stores and they didn’t hire me so I applied Walmart. They hired me quickly and started to work. I’m glad they hired me..😊
You're going to regret it really fast.
@@j0ellyfish I was told my short story okay. It’s not because I went to fast. I did take my time time to process my job.
@@tiggerlady2352 They don't give you time to process anything. Like I said, you'll learn to regret it fast.
@@j0ellyfish I already started the cashier and everything is fine.
@@tiggerlady2352 Wait till you get the bully boss manager expedition.
I love your channel. Please do more videos
We Appreciate You 💯
Sam Walton's book is a must read for entrepeneurs. He is a ruthless mover and shaker, vacations include scoping businesses.
Very hardworking and never give up
. I respect Sam
Wonderful stories
Wow very interesting, Great story
Also, you should mention how they stop having Walmart in plazas and Walmart started building their own freestanding buildings. So anytime we see/hear about Walmarts closing pay attention. It’s mostly the ones closing inside of plazas because they bought the ground and start building their own facility and don’t have to pay any Plaza owner rent anymore
yeah, thats what happened to my walmart. Used to be in a strip mall, closed it and opened their own building
@@alfsleftnut9224 same thing with lots of Starbucks. Starbucks come out of these plazas and they build their own freestanding location, Starbucks have a drive-through.
He spoke at my college graduation. Wonderful man who loved this country. He is surely turning over in his grave for what his kids have done to his legacy.
Thank You.
brill Videos Keep up the good work :P
I remember when it was "Walmart, made in the USA".... They only sold USA made products
Yes if only but because employees want more money 💰 higher wages and products will be more expensive if made in USA 🇺🇸 I guess Walmart wanted quantity not quality profit over Anything
The goal to Walmart was low prices for the customers. In a global economy that meant manufacturing was heading to China for the same reason. It wasn’t invented by Walmart. But passing savings to customers with less profits, but higher margins was.
It seems like Sam had a good reputation personally; his family, his heirs, definitely took the Walton (and Walmart) reputation in the opposite direction.
Sam Walton was a smart , intelligent and a determined man. Thanks.
How amazing! my daughter was AMAZED!
Hello Arelle. How are you!
Imagine if Sam could see the way Walmart employees are treated today. Absolutely disgusting.
How so? Genuinely curious. I’ve never worked for Walmart
@@morganharris2413 I don't think Sam would agree with the absolutely pathetic poverty wages the employees are paid now.
He would be more horrified to see how Walmart employees treat customers.
They agreed to work for a wage, Wal Mart agreed to pay that wage . They both are at fault.
Hello dear. How are you!
Sam Walton was in charge of the internment camps in the USA during World War II. A lot of Japanese and German families remember him "a bit" differently. More as a warden than a purveyor of Chinese goods.
A lot more to the story than what you are spewing
@@Razorbacksby90 Can the truth be spewed? Hardly.
I could use some more truth if you like. he's personally responsible for destroying the textile industry in the United States . for five cents a shirt cheaper he went to Thailand China Malaysia. after they had ramped up the assembly line to handle the great new buyer called Walmart. he did the same thing to huffy bikes for worse. and there's no way he had the capital to build all the stores that he built in the short period that he did.
there was a lot of outside income from some three letter agencies. no proof on that one just a hunch. but there's a lot more if you want. I wish it wasn't true but it is.
@@surfviewgardens2396 You don't think so ? Look at how a lib explains things.
@@rondodson5736 Not understanding your comment. Please elaborate if your goal is to communicate something relevant.
I was honored to meet him back in 1990, I was young and placed as the door greeter, instead of my usual checking…he walked in looked like a humble old man in faded jeans, tennis shoes and wearing a cap…he spoke to me for about 5 minutes asking about me and how I was treated working there, as he shook my hand he wouldn’t let it go, so very gracious, I was so honored to meet him…he had flown his Cessna plane and just popped into the small town Walmart like he was known to do🙏 later in the years I was a teacher and would tell my students about him, being so humble not looking or acting like the billionaire that he was…
Very inspiring Big Comp.💪
Is there any actual footage that relates to the tagline of this video? All the clips seems to be of Hollywood movies.
He was putting stores out of business by lowering the prices below his costs. I remember this happening in the 1990's when a Walmart opened in town and you would go to another Walmarts town and the same item was more double the price than in the new Walmart, just from Walmart to Walmart 20 mins apart. And the pharmacies from my town were suing walmart to make it illegal to sell medication below Walmart's cost ... I had little kids then and was looking for the least expensive items but there were people who refused to shop at Walmarts because of their tactic to place out of business the little guys, he did it, I saw it ...
He died in ‘92, I doubt he would have approved.
At Walmart you don't pay much and in turn shouldn't expect much.
Sell low quality merchandise.
Lines are longer at customer service than check out lines.
This statement is bogus. Think about the size of Walmart and it’s global subsidiaries and Millions of products they carry. You can’t operate the stores like an entrepreneur having different prices from same store 20min away.
You also can’t survive selling below your cost- you need to pay your employees and overhead.
You can sell at a price where you don’t have fat margins like many other do.
Look at Amazon with their model. They can sell lower as they don’t have stores overhead cost.
Some of the stuff people say online is so ridiculous.
@@Hamilton_Lambo That's exactly what I saw. At the time, K-Mart was better known but was fading away. I had little children then, and toys were very important, so I remember clearly, the father of my kids was studying his PhD and his professors were not purchasing at Walmart. I don't know if it happened in other places but it's mentioned in this video ... whatever you believe is fine ...
@@Hamilton_Lambo Germany band Walmart due to its practices.
Even after the local store remodel price went up.
I hear numerous in my community,says so.
Everyone has their beliefs.
Great video ..we don't have Walmart here in my country thank you for sharing
I work for walmart and I must say this was very informative.i knew about some of the things u talked about but I learned a Lil something.thanks
My grandmother was a Walmart employee back in the early 2000s till about 2010 witch was also around the time Walmart started to care more about money than employees she sadly passed away on May 24-2021 at the age of 78 and I still remember being little and she would push me around in the buggy at Walmart all the time after seeing this video I feel I guess you could say some type of pride knowing that my grandma worked at a store that was started by one of the smartest people on earth my grandma also was a person who believed that customers should get things at lower prices and not have to spend all their hard work on simple household items I honestly fell sad seeing as what Walmart has become now just screwing people out of money like almost every other business and hope that one day the people will get themselves together and go back to doing things the right way
It is funny the walmart corporate has lost site of Sam's strategy and Dollar General is swooping in to take that spot.
General dollar has a very long way to go to even think about competing with Walmart.
@@peanutbutterisfu Yeah and in the 70's walmart had a long way to go to compete with kmart where are they now?
YOU'RE CLUELESS! 😂😂DOLLAR GENERAL WILL NEVER COME CLOSE
@@leegraves8878 No they didn't. They quickly took over.
@@captainamericaamerica8090 30 years is quick? Who's clueless?
When' I was a kid growing up in the 70-80's all you had was Kmart and Ben Franklin in my area that I remember. I never heard of a Walmart until the first one I saw in about 1990 in the town I lived in at the time. Now they are everywhere and their original competitors now are no where to be seen.
Informative video
When Walmart was born and all the small business died.
Good riddance too! Ole " Ma & Pa" were price gouging crooks.
Love the histories you tell, but I cant handle the use of modern movies footage...
Just found your channel and love it! Don’t stop making these great videos - do some shorts to increase your subscribers!
It is better to do any business which will not hurt your competitors much......Though customers are free to choose where to shop but the small retailers who are earning honestly also have a family and they have to support their family also....
Balance in everything is a must
Anyone watching this NEEDS TO watch the documentary " Walmart The High Cost of Low Prices. " It blew me away 😢
Wait hold on u only have 3k subs ? The channel should have 3 million!
I bet Sam in his mind would of never expected his stores to get self-service checkouts.
Also known as The runway for Theft !