Wal-Mart

  

Definition

The largest discount retailer in the world. The company started out as a small chain of stores in rural towns. The store chain was founded by Samuel Walton in 1962 and currently is one of the largest employers in the United States. The store has been criticized for running smaller "mom and pop" stores out of business with its extremely low prices. Some of the stores are considered Super Wal-Marts and they typically provide a grocery store and automotive repair shop for customers.

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