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50 Years of Walmart [Infographics]
Earlier this Month Walmart celebrated its 50th birthday. The very first store opened in Rogers, Arkansas in 1962 with a commitment to low prices and with a big store/small town philosophy. Half a century and more than 10,000 stores later and Walmart is one of the largest retailers in the world – in terms of stores, profits, carbon footprint, and more. It’s been a long controversial story with low prices often coming at big costs for both foreign laborers and local economies.
Following Hurricane Katrina, CEO Lee Scott made a commitment to sustainability, pledging that Walmart would work towards 100% renewable energy use, zero waste, and sustainably developed product lines. To commemorate 50 years of everyday low prices here is an infographic that the team at sumofus.org put together.