We save people money so they can live better. Find out what we're passionate about, our strengths, and our reason for being.

It all began in 1962 in Rogers, Arkansas. And it’s been one incredible journey. Come along for the ride; the line forms here.

What is “Culture?” It’s how we treat each other; it’s our special way of doing business. It’s what makes us one of the world's most-admired companies. Find out why, right here.

Our founder Sam Walton gave our company a sense of honor and a set of values that are still very important to us. Starting with Sam’s 3 Basic Beliefs, here’s what makes us proud to be part of the Wal-Mart family.

Today, 7,357 Wal-Mart stores and Sam’s Club locations in 14 markets employ more than 2 million associates, serving more than 200 million customers per year. All around the world, we save people money, so they can live better. That’s good news – in any language.

The birth of discount retailing

Most people think discount retailing began in 1962 – the year that Kmart, Target, and Wal-Mart first opened. But actually, the chain of variety stores Sam Walton owned during the 1950s faced stiff competition from many regional discount stores.

1962 – Wal-Mart begins

Before opening Wal-Mart, Sam traveled the country studying everything he could about discount retailing. He became convinced American consumers wanted a new type of store. Trusting his vision, Sam and his wife Helen put up 95 percent of the money for the first Wal-Mart store in Rogers, Ark.

1972 – Wal-Mart goes public

Discounters such as Kmart quickly expanded in the 1960s, while Sam only had enough money to build 15 Wal-Mart stores. In 1972, Wal-Mart stock was offered for the first time on the New York Stock Exchange. With this infusion of capital, our company grew to 276 stores in 11 states by the end of the decade.

The 1980s – Wal-Mart comes of age

In 1983, the first Sam’s Club members-warehouse store opened. The first Supercenter opened in 1988, featuring a complete grocery, and 36 departments of general merchandise. By 1989, there were 1,402 Wal-Mart stores and 123 Sam’s Club locations. Employment had increased tenfold. Sales had grown from $1 billion in 1980, to $26 billion.

Today, 7,357 stores and club locations in 14 markets employ more than 2 million associates, serving more than 176 million customers a year. Our history is a perfect example of how to manage growth without losing sight of your values. Our most basic value has always been, and always will be, customer service.

In his autobiography, Sam said, "… if you think about it from the point of view of the customer, you want everything: a wide assortment of quality merchandise; the lowest possible prices; guaranteed satisfaction; friendly, knowledgeable service; convenient hours; and a pleasant shopping experience. You love it when a store exceeds your expectations, and you hate it when a store inconveniences you, gives you a hard time, or pretends you're invisible."

We’re known around the world as the company that helps our customers save money so they can live better. We’re also well known for our unique corporate culture. Sam Walton built our business on values and morals. Those rules and customs have helped us become one of the world’s most admired companies.

At the core of every one of our rules and customs is the basic value of respect – for the customer, associates, and suppliers. It’s our focus for building relationships. It helps us serve the communities in which we live, and build a business committed to excellence.

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