Wal-Mart Stores Inc., usually just called WalMart, was founded by Sam Walton in 1962. Walton opened a WalMart Discount City store in Rogers, Arkansas.
By 1967, the chain had 24 locations across Arkansas. In 1968, stores were opened in Missouri and Oklahoma.
In 1970, the Walmart corporate office and distribution center was opened in Bentonville, AR. The company also went public the same year.
There were 1200 Walmart stores by the companies 25th anniversary in 1987.
In 1988, Sam Walton stepped down as CEO and was replaced by David Glass. In 2000, H. Lee Scott took over as President and CEO.
By 2005, there were 6200 stores worldwide.
Walmart currently operates nearly 9000 stores under 55 different names in 15 countries and is the largest retailer in the world.