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| Topic: |
Business
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| Number of pages / Number of words: |
4 / 902 |
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Walton built his business into the fastest growing and most influential force in the retail industry, with a very high rate of annual growth. An investor who spent $1,650 for 100 shares of stock in 1970, when the firm went public, would have had $700,000 worth of stock at 1987 prices. In the process, Walton became one of the richest men in the world, with estimates of his worth varying widely and growing constantly...
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In the process, Walton became one of the richest men in the world, with estimates of his worth varying widely and growing constantly.
This early and rapid growth?Wal-Mart stood behind only Sears and K-Mart in retail and was challenging them?was achieved as essentially a regional chain, operating in the Sunbelt...
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