"We save people money, so they can live better" serves as Wal-Mart's mission statement. Wal-Mart is a retail giant with stores scattered worldwide. The store sells a variety of merchandise, groceries and pharmaceuticals.
Sam Walton opened his first Wal-Mart store in 1962 in Rogers, Ark. As of 2014, Wal-Mart is the largest retail company based in the United States. The mission statement along with some down home management practices have sparked the success of this retail empire. Sam Walton believed in serving his customers in an atmosphere of respect and friendliness. He stated, "The secret of successful retailing is to give your customers what they want." He knew that part of what they want is to save money, and thus the store's mission statement was born.