On July 2, 1962 -- 50 years ago today -- Sam Walton opened the very first Walmart store in Rogers, Arkansas.
The Walmart business model has profoundly reshaped the economic paradigm of retail these has 50 years. Walmart is commonly cited as a business that exemplifies the processes of globalization. How has Walmart reshaped aspects of society such as industrial production, environmental standards, labor, urban shopping locations, the outsourcing of manufacturing and consumption?
Via Seth Dixon