Walmart Founder and Company Core

Walmart Founder
Walmart was founded by Samuel Moore Walton, commonly known as Sam Walton, in 1962 in Rogers, Arkansas. Sam Walton, born in 1918 in Kingfisher, Oklahoma, was a pioneering American business magnate who also established Sam’s Club. He was recognized for his innovative approach to retail, focusing on offering low prices and great customer service, which transformed Walmart into the world’s largest retailer by revenue and one of the biggest private employers globally. Walton’s philosophy was rooted in leadership through service, believing that true leadership depends on a willingness to serve others-a principle that continues to guide Walmart’s operations today.

Company Core: Mission, Vision, and Values

Mission Statement:
Walmart’s mission is “to save people money so they can live better.” This mission has been central since the company’s inception, driving its everyday low price (EDLP) strategy and focus on affordability and accessibility for customers from all walks of life. Walton’s vision was to lower the cost of living for everyone, giving people the opportunity to save and have a better life.

Vision Statement:
Walmart’s vision is “to be the destination for customers to save money, no matter how they want to shop.” The company aspires to deliver value and convenience, whether through physical stores or online platforms, and to build a better world by supporting thriving, resilient communities.

Core Values:
Walmart’s core values are foundational to its culture and operations. The four principal values are:

Service to the customer: Always putting the customer first and aiming to exceed their expectations.

Respect for the individual: Treating people with dignity, embracing diversity, and fostering an inclusive environment.

Strive for excellence: Committing to continuous improvement, innovation, and high standards in all aspects of the business.

Act with integrity: Operating honestly, ethically, and transparently, and complying with all laws and policies.

Some sources also highlight two additional values: embracing change and giving back, reflecting Walmart’s adaptability and commitment to community engagement.

Walmart’s enduring success and global influence are rooted in Sam Walton’s founding principles and the company’s steadfast commitment to its mission, vision, and core values.