The Incredible Tale of Inventing Walmart

With their endless aisles, their bountiful racks chock full of discounted merchandise, Walmart stores have firmly wedged themselves into the hearts and minds of most Americans, especially within those neural circuits in charge of household budgeting. At this point, Walmart may as well be considered one of the great, all-American institutions, an essential fiber within the fabric of Star-Spangled capitalism. Or, on the other side, some might say Walmart is everything wrong with the business world today, ruthlessly dominating anyone who even hints at competing with them, and otherwise strong arming everyone from government officials to manufacturers to get their way. But whether you love to hate it, or hate to love it … you certainly can’t ignore Walmart. But how did the world’s largest retailer, with gross annual sales double that of the next up in amazon, start and grow to the behemoth we have today, let alone so insanely rapidly? Well, put on some Lynyrd Skynyrd, grab your guns, flannel, and a Budweiser, and let’s dive into the fascinating story of how one man changed how the world shops. Authors: Arnaldo Teodorani and Daven Hiskey Editor: Daven Hiskey Host: Daven Hiskey Producer: Caden Nielsen 0:00 Intro 2:51 An Incredible Humble Beginning and Sickening Overachiever 6:07 Continuing to Sickeningly Overachieve in College 8:43 After College Scatterbrained Hard Worker 10:24 WWII and a Dream Girl 12:33 A Beginning and Some Key Choices 18:40 A Huge Mistake, Overcoming, and Expansion 22:18 A New Breed of Store to Change the Game 25:40 Going it Alone and Risking It All 28:06 Go Big or Go Home 30:52 The Methods to the Madness 44:12 The Passing of a Titan 45:56 Good or Bad- The Walmart Controversy Sponsor note:  Give online therapy a try at ⁠betterhelp.com/BrainFoodShow⁠ and get on your way to being your best and happier self. Learn more about your ad choices. Visit megaphone.fm/adchoices