Having been the quarterback for the Hickman Kewpiesthe undefeated state championsI was alreadypretty well known aroundColumbia, where theUniversityofMissouriis located. So my high school careerjust merged right on into college. Most of the fraternities were really for the more well-to-do kids, and Iordinarily wouldn't have qualified for membership. But they rushed me even as a town boy, and I had mypick of the best. I chose Beta Theta Pi because they were the top scholastic fraternity and had led theintramural athletic league for a number of years. Earlier on, there were fewer of us. Jackie Lancaster, our first floor manager inNewport,Arkansas. InezThreet, Ruby Turner, Wanda Wiseman, Ruth Kellermy first four associates when we opened Walton'sFive and Dime in Bentonville onAugust 1, 1951. What would we have done without those earlymanagers Most of them risked so much by leaving good jobs with much larger variety chains to join upwith a one-horse outfit run by an overactive dreamer down in Bentonvillepeople like Clarence Leis,Willard Walker, Charlie Baum, Ron Loveless, Bob Bogle, Claude Harris, Ferold Arend, Charlie Cate,Al Miles, Thomas Jefferson, Gary Reinboth. There was Bob Thornton, Darwin Smith, Jim Henry, PhilGreen, and Don Whitaker. And I can't forget Ray Thomas, Jim Dismore, Jim Elliott, or John Hawks. "What?" said Jack blankly. 亚洲高清自有码中文字 "Shortly after we opened a Wal-Mart in Wheat Ridge, Colorado, I had a lady come up to me and say,Oh, I just want to thank you so much for coming here. This is the best thing that could have everhappened.' I thanked her and asked her what she did there in town, and she said, 'Well, I run a paintstore right over here, just down in this mall.' "Something must be the matter with that clock!" he cried. "Oh, this is fierce! If I could only go up there and see what is going on!" He was always looking for a way to do a better job. I don't remember the details, but I remember somekind of panty price war they got into. Later on, long after we had leftNewport, and John had retired, wewould see him and he would laugh about Sam always being in his store. But I'm sure it aggravated himquite a bit early on. John had never had good competition before Sam."I learned a tremendous amount from running a store in the Ben Franklin franchise program. They had anexcellent operating program for their independent stores, sort of a canned course in how to run a store. Itwas an education in itself. They had their own accounting system, with manuals telling you what to do,when and how. They had merchandise statements, they had accounts-payable sheets, they hadprofit-and-loss sheets, they had little ledger books called Beat Yesterday books, in which you couldcompare this year's sales with last year's on a day-by-day basis. They had all the tools that anindependent merchant needed to run a controlled operation. I had no previous experience inaccountingand I wasn't all that great at accounting in collegeso I just did it according to their book. Infact, I used their accounting system long after I'd started breaking their rules on everything else. I evenused it for the first five or six Wal-Marts. "And Don Whitaker, with a straight face, would always say, 'Next to Rogers.'