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The definitive account of how a small Ozarks company upended the world of business and what that change means.
Wal-Mart, the world's largest company, roared out of the rural South to change the way business is done. Deploying computer-age technology, Reagan-era politics, and Protestant evangelism, Sam Walton's firm became a byword for cheap goods and low-paid workers, famed for the ruthless efficiency of its global network of stores and factories....
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Wal-Mart is not just the world's largest company--it is the largest company in the history of the world. It is estimated that the company's low prices save American consumers $10 billion a year--but the #1 employer in 37 states has never let a union in the door. Though 70% of Americans now live within a 15-minute drive of a Wal-Mart, we have not even begun to understand the true power of the company. We know about the lawsuits and the labour protests,...
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Since Sam Walton's death in 1992, Wal-Mart has gone from being the largest retailer in the world to holding the top spot on the Fortune 500 list as the largest company in the world. Don Soderquist, who was senior vice chairman during that time, played a crucial role in that success. Sam Walton said, "I tried for almost twenty years to hire Don Soderquist . . . But when we really needed him later on, he finally joined up and made a great chief operating...
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