Walmart

A Walmart timeline from the 1962 Rogers store through Sam Walton, Sam's Club, Supercenters, the Fortune 500 peak, Walmart.com, Flipkart, and Walmart+.

📅 25 events📈 Business1962-todayUpdated Oct 2026
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About this timeline

From one discount store in Rogers, Arkansas, in 1962 to the world's largest retailer, Walmart redefined everyday low prices, Supercenters, Sam's Club, and global scale. This timeline follows Sam Walton's rise, public markets, international expansion, and the e-commerce era.

Every event in this timeline

Jul 2, 1962

First Walmart opens in Rogers, Arkansas

Sam Walton opens the first Walmart Discount City on 2 July 1962 in Rogers, Arkansas.

Jan 1, 1967

24 stores across Arkansas

By 1967 the Walton family owns 24 stores ringing up about $12.7 million in sales.

Jan 1, 1969

Wal-Mart Stores, Inc. incorporates

The company officially incorporates as Wal-Mart Stores, Inc. in 1969.

Jan 1, 1970

Walmart goes public

Walmart becomes a publicly traded company; the first stock sells at $16.50 a share.

Jan 1, 1972

Listed on the New York Stock Exchange

Walmart lists on the NYSE under ticker WMT with 51 stores and $78 million in sales.

Jan 1, 1979

Walmart Foundation established

The company founds the Walmart Foundation as philanthropy becomes a standing arm of the business.

Jan 1, 1980

$1 billion in annual sales

Walmart reaches $1 billion in yearly sales faster than any other company at the time, with 276 stores.

Apr 7, 1983

First Sam's Club opens

The first Sam's Club membership warehouse opens in Midwest City, Oklahoma.

Mar 15, 1984

Sam Walton's Wall Street hula

Walton dances the hula on Wall Street after associates hit an 8% pre-tax profit goal.

Jan 1, 1988

First Walmart Supercenter

The first Supercenter opens in Washington, Missouri, combining general merchandise with a full supermarket.

Jan 1, 1988

David Glass becomes CEO

David Glass is named CEO as Sam Walton steps back from day-to-day leadership.

Jan 1, 1991

First international step: Mexico

Through a joint venture with Cifra, Walmart opens a Sam's Club in Mexico City and goes global.

Mar 17, 1992

Sam Walton receives the Medal of Freedom

Shortly before his death at 74, Walton receives the Presidential Medal of Freedom and restates the save-money mission.

Apr 5, 1992

Death of Sam Walton

Sam Walton dies on 5 April 1992; Rob Walton becomes chairman.

Jan 1, 1994

Expansion into Canada

Walmart buys 122 Woolco stores and enters the Canadian market.

Jan 1, 1996

Walmart.com launches

Walmart.com is founded so U.S. customers can shop online; first China stores also open.

Jan 1, 1997

First $100 billion sales year

The company posts its first $100 billion sales year, serving about 90 million customers a week worldwide.

Jan 1, 2002

Tops the Fortune 500

For the first time Walmart ranks No. 1 on the Fortune 500 list of America's largest companies.

Jan 1, 2006

$4 generic prescriptions

Walmart introduces a $4 generic-drug prescription program that reshapes pharmacy pricing.

Jan 1, 2014

Doug McMillon becomes CEO

Doug McMillon succeeds Mike Duke as CEO, pushing e-commerce and store modernization.

Jan 1, 2018

Legal name becomes Walmart Inc.

The company changes its legal name from Wal-Mart Stores, Inc. to Walmart Inc.

Jan 1, 2018

Flipkart acquisition in India

Walmart acquires Flipkart, a major bet on Indian e-commerce.

Jan 1, 2020

Walmart+ membership launches

During COVID-19, Walmart launches Walmart+ and turns parking lots into testing sites.

Jul 2, 2022

60th anniversary

Walmart marks 60 years since the first Rogers store opened.

Jan 1, 2026

John Furner named next CEO

John Furner is set to succeed Doug McMillon as President and CEO of Walmart Inc.

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