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Established in 1962 by Sam Walton, and has been incorporated under the name of Wal-Mart Stores, Inc. since October 31, 1969, Wal-Mart Corporation has quickly become the American largest retailer with its two famous segments, the Wal-Mart Stores, and the Sam’s Club. Among the two, the Wal-Mart Stores segment is the largest segment of the corporation. The Wal-Mart StoresIt first opened its distribution center with 38 stores and 1,500 employees in Bentonville, Arkansas in 1970 and quickly reached the sale of $ 44.2 million that year. On October 1st, 1972, Wal-Mart began trading stock as a publicly held company, and it was listed on the New York Stock Exchange shortly thereafter. Wal-Mart just kept growing rapidly during the 1980s, and by 1987, it already had 1,198 stores with sales of $15.9 billion and employed 200,000 associates. While Wal-Mart ’s Stores supply merchandises for all kind of customers, the theits SAM’sSam’s Club segment consists of membership warehouse......

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Approximate Word Count: 525
Approximate Pages: 3 (250 words per double-spaced page)

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