Uncle Sam's army: Walmart in the American imagination
Walmart began as a small mom and pop store in Arkansas in the 1950s and has evolved into one of the largest retailers in the world today. The chain’s major hallmark: selling goods at prices lower than local mom-and-pop stores. (Sources: WEF Reports, Statista, Business Insider, Bloomberg)
Curated By: Madhu Kapparath
In the 1980s, Walmart invested in a sophisticated inventory tracking system that uses their own satellite network. In addition to track inventory, the system allows technicians and executives to easily communicate to individual stores, access sales records, and troubleshoot and manage problems. Throughout the ’90s, Walmart pioneered the global logistics that underpin most retail operations today. In 2005, the company’s CEO decided to set the company on a path to becoming completely green. By 2015, it led corporate America in solar capacity and has forayed into energy storage systems
