Sam walton was told by butler brothers that he needed to partner with them on the back end of retail. He went out and found a way to make it work, even though they didn't have any technology or shipping carriers at their disposal. Walmart is now one of the world's biggest retailers - selling millions of items each year for as little as 25p per item.
We kick off Season 11 with the incredible story of the retail “granddaddy of them all” Walmart, and its founder Sam Walton. Once you study Walmart, you realize just how deep its heritage runs through Amazon and so many iconic modern companies we cover on Acquired. This episode was an absolute blast, and we even uncovered a new addendum to the hallowed “focus on what makes your beer taste better” playbook theme!
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Note: Acquired hosts and guests may hold assets discussed in this episode. This podcast is not investment advice, and is intended for informational and entertainment purposes only. You should do your own research and make your own independent decisions when considering any financial transactions.