Image for 2. Sam Walton (Walmart)

2. Sam Walton (Walmart)

Sam Walton was the founder of Walmart, one of the largest retail chains in the world. Born in 1918, he revolutionized the retail industry by focusing on low prices and customer service. Walton implemented innovative practices like maintaining a large inventory and efficient supply chain management. He believed in passing savings on to customers, which helped Walmart grow rapidly. His approach to business emphasized community involvement and employee welfare. Walton's vision and strategies have made Walmart a household name and changed how millions of people shop. He passed away in 1992, leaving a lasting legacy in retail management.