Rare Walmart Photos From The 70s
Wal-Mart in 1976
No one could have envisioned how much Walmart stores have changed since the 1970s, not even the store’s famous founder, Sam Walton. The growth of the mega-chain was spurred on by Walton’s desire to give customers what they want at the best price available. Vintage photos of 1970s Walmart stores give a glimpse into the early beginning of the world’s largest retail chain.
From Small-Town Five and Dime to Global Empire
Walton opened a small five and dime store in Bentonville, Arkansas, in the 1950s, but had his eye on expansion. The profits he saved from the five and dime allowed him to open his first Walmart store in Rogers, Arkansas, in 1962. His business model was simple…buy in bulk and pass the savings on to the customer. His competitors thought he was nuts for reducing his own profit margin, but more Walmart stores soon followed and the company targeted frugal housewives looking to stretch their household budgets by purchasing low cost goods.
Walmart Has Come a Long Way, Baby
Walmart went public in 1970, and experienced a rapid growth. More and more stores were popping up across the southern United States and Walton set his sights on the rest of the country. By the mid-1970s, Walmart stores were spreading like wild-fire, with 125 total stores and annual sales of more that $340 million. Additionally, Walton employed approximately 7,500 employees. Walton’s philosophy was that if customers had a pleasant shopping experience, they would keep coming back. He relied on his army of sales associates to drive his customer-first policy, and sweetened the deal by making his employees partners in the success of the company. Walton believed that the person-to-person interactions and relationships is what built Walmart into an international success.
Walmart Offered a One-Stop Shop
The Walmart stores of the 1960s and 1970s carried everything from household goods to clothing and even grocery items – though the Walmart SuperCenter was an 1980s introduction –and customers found they could save time by making all their purchases in one place instead of driving from store to store. This was especially important during the gas shortages of the 1970s. Now, shoppers had a one-stop place for the bulk of their needs and the marketing shifted from targeting housewives to also targeting their husbands. After all, as more and more women entered the workforce, men were tasked with running some of the household errands. The addition of lawn and garden and automotive sections in the Walmart stores also appealed to male shoppers.
These Walmart Photos from the 1970s Show How Much the Chain Has Changed
Walmart acquired two existing store chains in 1977…Mohr-Value stores and Hutcheson Shoe Company. These purchases allowed Walmart to expand into small towns throughout the midwestern United States. Walmart’s biggest rival was Woolco, owned by the Woolworth Company. Unlike the Woolworth five and dime stores, Woolco was a full-fledged low-cost department store. As Walmart stores flourished, Woolco stores declined. The chain was eventually purchased by Walmart, which allowed Walmart to move into Canada. In the late 1970s, Walmart stores added additional services for their customers, including automotive service centers, pharmacies, one-hour photo developing, and jewelry counters.
The earliest Walmart stores may have had classic Chevys in the parking lot and dress-wearing housewives shopping for household goods, but the stage was being set for an explosion of growth for the store chain that has grown and adapted to the changing face of the American consumer and the demands for more and more convenience services…all offer at the traditional Walmart low-cost prices.
Tags: Rare Photos From... | The 1970s | Walmart
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