The 6 Keys to Walmart's Success [and How to Apply Them]
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What’s in this issue? A brief recap of Sam Walton: Made In America What has made Walmart such a big retail success How to apply the lessons learned Why are you writing about Walmart exactly? On a trip to Arkansas last year, I had the pleasure of visiting the first* Walmart store in Bentonville Arkansas. It began as fulfilling my tourist obligations in the area but ended with much more. Visiting the now museum and quaint ice cream shop sparked my curiosity in Walmart's clearly humble beginnings. I’d never given much thought to the store, a now 400 billion dollar retail behemoth and arguably the most successful retail store ever. A business that has a storefront in every city, operating 24 hours a day, while carrying every product in the world (I actually confirmed they don’t carry every product in the world but they do carry 75 MILLION skus). Imagine that, not giving a company like that much thought - talk about first world problems. Anyway, it got me thinking about how a company like this had lasted and continued to thrive in an era dominated by e-commerce and delivery. What’s under the hood of this business brought such longstanding success?
The 6 Keys to Walmart's Success [and How to Apply Them]
The 6 Keys to Walmart's Success [and How to…
The 6 Keys to Walmart's Success [and How to Apply Them]
What’s in this issue? A brief recap of Sam Walton: Made In America What has made Walmart such a big retail success How to apply the lessons learned Why are you writing about Walmart exactly? On a trip to Arkansas last year, I had the pleasure of visiting the first* Walmart store in Bentonville Arkansas. It began as fulfilling my tourist obligations in the area but ended with much more. Visiting the now museum and quaint ice cream shop sparked my curiosity in Walmart's clearly humble beginnings. I’d never given much thought to the store, a now 400 billion dollar retail behemoth and arguably the most successful retail store ever. A business that has a storefront in every city, operating 24 hours a day, while carrying every product in the world (I actually confirmed they don’t carry every product in the world but they do carry 75 MILLION skus). Imagine that, not giving a company like that much thought - talk about first world problems. Anyway, it got me thinking about how a company like this had lasted and continued to thrive in an era dominated by e-commerce and delivery. What’s under the hood of this business brought such longstanding success?