From humble beginnings in the Natural State in 1962, Wal-Mart has grown into its current position as the world's largest corporation and retailer.
Founded by Sam Walton, as a large-format division of his Walton's 5 & dime chain, the first Wal-Mart stores enveloped 47,000 square feet. As the chain expanded, standard stores grew into the 100,000 square foot range.
The first extension of the Wal-Mart enterprise, in 1968, brought new stores in Missouri and Oklahoma. By 1971, Wal-Mart was in Kansas and Louisiana. In 1973, locations opened in Tennessee; in Kentucky and Mississippi, in 1974, and Texas, in 1975. Michigan and Illinois operations came inline in 1977, Alabama, Georgia, South Carolina and Virginia stores were established in 1982.
By 1990, Wal-Mart's sales had surpassed those of fellow competitors Kmart and Target. Today, the mega merchandiser from Bentonville, Arkansas oversees a total of four thousand three hundred stores in the United States.
WAL-MART-ANCHORED SHOPPING MALLS:
*BAMA MALL, Tuscaloosa, Alabama (1987)