What You Need To Know Before Stepping Foot Inside Walmart Again

You may feel as though you're pretty familiar with Walmart. The mega-retailer brand is a household name and one of the most recognizable brands in the country, if not the world — but there's probably a lot you don't know. This is the untold truth of the American giant, Walmart.

Sam Walton, Walmart's famous founder, was worth more than $8.6 billion when he died in 1992, but like many American tycoons, he started off small. After graduating from college, he worked for 18 months with J.C. Penney to become familiar with the retail industry, and in his early years in the business he franchised a number of Ben Franklin general stores.

In 1962, Walton opened his first retail location that bore his name. It wasn't in the cavernous warehouse-type building where Walmart super centers are housed today. Instead, Walton's first five-and-dime was a modestly-sized general store on the town square in Bentonville, Arkansas with a 1950s-style red and white facade and awning that has been retained to this day.

Today the building houses the Walmart Museum, where Walmart souvenirs are for sale, and elaborate displays recounting the history of the company are housed for visitors' perusal. One artifact on display at the museum is the official Walmart articles of incorporation, the paperwork which legally records the creation of a business — in this case, a pretty historic one.

Watch this video Before Stepping Foot Inside Walmart Again!

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Five and dime | 0:00
Where it failed | 1:25
Different names for the same thing | 2:44
Best-selling bananas | 3:46
Walmart and weight | 4:25
Walmart: Beyond Thunderdome | 5:55
Upward trajectory | 7:24
The world's biggest boss | 8:09
Global income | 8:50
Renewable energy | 9:50
Charitable donations | 11:03

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