Did Sam Walton Cause an Reaction to Opening the First Walmart During the Revolution
Essay Preview: Did Sam Walton Cause an Reaction to Opening the First Walmart During the Revolution
Report this essay
dddddd jshjd djdn j fh coue ssful banker, loaned him twenty thousands dollars to open up a business and that is just what he did.. he opened up a business to the world and now it it is more than just a business it is something that everybody goes to and shops there and gets them what they need and want for at a very good price. He only started out with about 26 stores and expanded tremendously over the whole world and new industries were starting and new things were beginning to happen.
The industrial revolution, factories were now able to go out and produce consumers demand, Railroads and telegraph wires has snaked across the country giving storekeepers a new way to order and get their products fasters. While this was going on a whole new other industry was going on and had sprung up to persuaded people through advertisement. He was coming out with great discounts that no other stores could even compete with and he was building store all around America and making more than 20 billion dollars with over 1,000 employees. Wal-Mart has taken their mind and cash over the last twnety years to become the worlds largest retailer. Wal-Mart had a base of two thousand two hundred stores in the 80s, closing out of the 90s with a bang of three thousand six hundred stores and four and ¼ billion in net income. Wal mart has the lowest prices and now they start to sell gas at the stores too. It was helping the army get some supplies and helping make drives to send over to the army during revolution cause they were starting to run low on supplies, and they made it easier with them sending over supplies during time of need when they were running low some good and bad factors were happening then too.
Some good and bad factors while wal mart was happening were that the products were affordable, making medication affordable for just about everyone to buy their medicine, he like to make sales and compete prices with other stores, he was just about nationwide just not out of the united states. Some of the bad factors were well there really wasnt nothing bad about except that all the other stores were not getting as much customers for the longest time and walmart kind of took over for a good minute and then the other stores started to step their game up. As rate were going higher and higher wal mart remained the same and kept it at an affordable price. Walmart has been criticized for not providing adequate supervision of its foreign suppliers. It has also been criticized for using sweatshops and prison labor. For example, in 1995, Chinese dissident Harry Wu charged that Walmart was contracting prison labor in Guangpong . However, Walmart says it does not use prison labor There have also been reports of teenagers in Bangladesh working in sweatshops 80 hours per week at $0.14 per