Walmart's founder famously descended from the sky to check on stores. A store manager explained what it was like. [Business Insider]
Walmart Inc. (WMT)
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Source: Business Insider
Robert Doyle, a store manager in Texas, experienced one such drop-in firsthand in the 1980s. As a new assistant manager, Doyle told BI he thought someone was playing a practical joke on him. Store visits by the CEO are a well-established tradition in the big box retail business. But at Walmart, the tours had a completely different complexion in the early decades of the company. This was because founder Sam Walton was an experienced pilot who would travel the country in a small private plane, sometimes dropping out of the sky to inspect his stores. Robert Doyle, now a store manager in Texas, told Business Insider he experienced such a visit firsthand in the 1980s. It was a big decade for the Bentonville-based retailer, which had its first billion-dollar sales year in 1980 before rocketing up to more than $25 billion in 1990, according to the company's annual report. The location count ballooned during that time as well, going from 276 stores to 1,402, with the first Superc
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WMT
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- 12/20/24 - Form 144
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- 12/19/24 - Form 4
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