Walmart was founded by Sam Walton in 1962 in Rogers, Arkansas, with the goal of offering low prices and great value to customers. The company rapidly expanded throughout the 1970s and 1980s, introducing innovations such as the use of technology for inventory management. By the 1990s, Walmart had grown into the largest retailer in the world, diversifying its offerings to include groceries and other services. Today, it operates thousands of stores globally, maintaining its commitment to low prices and customer service.
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