152-459: Samuel Moore Walton (March 29, 1918 – April 5, 1992) was an American business magnate best known for founding the retailers Walmart and Sam's Club , which he started in Rogers, Arkansas , and Midwest City, Oklahoma , in 1962 and 1983 respectively. Wal-Mart Stores Inc. grew to be the world's largest corporation by revenue as well as the biggest private employer in the world. For a period of time, Walton
304-510: A "medical mall" where customers can purchase primary care services. Prices without insurance were listed, for instance, at $ 30 for an annual physical and $ 45 for a counseling session. Continuing with its health care initiative, they opened a 2,600 square feet (240 m ) health and wellness clinic prototype in Springdale, Arkansas just to expand services. By October 2019, Walmart stopped selling all live fish and aquatic plants. In early 2020,
456-461: A $ 7 monthly subscription for five to eight delivered food samples each month. The service shut down in late 2013. In August 2013, the firm announced it was in talks to acquire a majority stake in the Kenya -based supermarket chain, Naivas . In June 2014, some Walmart employees went on strike in major U.S. cities demanding higher wages. In July 2014, American actor and comedian Tracy Morgan launched
608-703: A 5.5% increase in operating expenses, its net income increased by 3.9%. In the third quarter of 2020, Walmart reported revenue of $ 134.7 billion, representing a year-on-year increase of 5.2 percent. In December 2020, Walmart launched a new service, Carrier Pickup, that allows the customers to schedule returns. In January 2021, Walmart announced that the company is launching a fintech startup, with venture partner Ribbit Capital, to provide financial products for consumers and employees. In February 2021, Walmart acquired technology from Thunder Industries, which uses automation to create digital ads, to expand its online marketing capabilities. In May 2021, Walmart acquired
760-715: A Buddhist temple and Japanese Christian chapel – remain in downtown Salt Lake City. European ethnic groups and East Coast missionary groups constructed St. Mark's Episcopal Cathedral in 1874, B'nai Israel Temple in 1890, the Roman Catholic Cathedral of the Madeleine in 1909 and the Greek Orthodox Holy Trinity Cathedral in 1923. This time period also saw the creation of Salt Lake City's now defunct red-light district that employed 300 courtesans at its height before being closed in 1911. During
912-574: A Sunday School teacher, teaching high school age students. The family made substantial contributions to the congregation. Walton worked the concept of “service leadership” into the corporate structure of Walmart based on the concept of Christ being a servant leader and emphasized the importance of serving others based in Christianity . Walton was diagnosed and treated for Hairy cell leukemia . Walton died on Sunday, April 5, 1992 (three months shy of Walmart's thirtieth anniversary), of multiple myeloma ,
1064-675: A branch of the Ben Franklin stores from the Butler Brothers . His primary focus was selling products at low prices to get higher-volume sales at a lower profit margin, portraying it as a crusade for the consumer. He experienced setbacks because the lease price and branch purchase were unusually high, but he was able to find lower-cost suppliers than those used by other stores and was consequently able to undercut his competitors on pricing. Sales increased 45 percent in his first year of ownership to US$ 105,000 in revenue, which increased to $ 140,000
1216-530: A corridor of contiguous urban and suburban development stretched along a 120-mile (190 km) segment of the Wasatch Front , comprising a population of 2,746,164 (as of 2021 estimates), making it the 22nd largest in the nation. With a population of 200,133 in 2020, it is the 117th most populous city in the United States . It is also the central core of the larger of only two major urban areas located within
1368-401: A damaging windstorm with hurricane-force winds , amidst the wider national George Floyd protests , the global COVID-19 pandemic , and protests against pandemic measures . Salt Lake City has an area of 110.4 square miles (286 km ) and an average elevation of 4,327 feet (1,319 m) above sea level . The lowest point within the boundaries of the city is 4,210 feet (1,280 m) near
1520-617: A family, and Thomas Walton went into farm mortgaging. He worked for his brother's Walton Mortgage Company, which was an agent for Metropolitan Life Insurance, where he foreclosed on farms during the Great Depression . He and his family (now with another son, James , born in 1921) moved from Oklahoma . They moved from one small town to another for several years, mostly in Missouri. While attending eighth grade in Shelbina, Missouri , Sam became
1672-467: A fault segment was found at the southern edge of the convention center, and expansion plans were halted until more earthquake fault studies could be completed. The city, as well as the county , is laid out on a grid plan . Most major streets run very north–south and east–west. The grid's origin is the southeast corner of Temple Square, the block containing the Salt Lake Temple; the north–south axis
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#17328546325071824-514: A final visit and $ 20,000 to secure the lease. He had just enough left from the sale of the first store to close the deal, and reimburse Helen's father. They opened for business with a one-day remodeling sale on May 9, 1950. Before he bought the Bentonville store, it was doing $ 72,000 in sales and it increased to $ 105,000 in the first year and then $ 140,000 and $ 175,000. With the new Bentonville "Five and Dime" opening for business, and 220 miles away,
1976-476: A flourishing Chinatown in Salt Lake City nicknamed "Plum Alley", which housed around 1,800 Chinese during the early 20th century. The Chinese businesses and residences were demolished in 1952 although a historical marker has been erected near the parking ramp which has replaced Plum Alley. Immigrants also found economic opportunities in the booming mining industries . Remnants of a once-thriving Japantown – namely
2128-655: A hardware store and an antiques mall, while the company's "Store #1" has since expanded to a Supercenter several blocks west at 2110 W. Walnut Street. Within its first five years, the company expanded to 18 stores in Arkansas and reached $ 9 million in sales. In 1968, it opened its first stores outside Arkansas in Sikeston, Missouri and Claremore, Oklahoma . The company was incorporated under Delaware General Corporation Law as Wal-Mart, Inc. on October 31, 1969, and changed its name to Wal-Mart Stores, Inc. in 1970. The same year,
2280-507: A lawsuit against Walmart seeking punitive damages over a multi-car pile-up which the suit alleges was caused by the driver of one of the firm's tractor-trailers who had not slept for 24 hours. Morgan's limousine was apparently hit by the trailer, injuring him and two fellow passengers and killing a fourth, fellow comedian James McNair. Walmart settled with the McNair family for $ 10 million, while admitting no liability. Morgan and Walmart reached
2432-559: A maximum difference of 7,099 feet (2164 m) being achieved with the rise of Twin Peaks from the Salt Lake Valley floor. The Salt Lake Valley floor is the ancient lakebed of Lake Bonneville , which existed at the end of the last ice age . Several Lake Bonneville shorelines can be distinctly seen as terraces on the foothills or benches of nearby mountains. Ancient folds of Lake Bonneville shorelines also lie underneath Salt Lake City, amplifying
2584-578: A month. Walton spent approximately 18 months with J. C. Penney. He resigned in 1942 in anticipation of being inducted into the military for service in World War II . In the meantime, he worked at a DuPont munitions plant near Tulsa, Oklahoma . Soon afterwards, Walton joined the military in the U.S. Army Intelligence Corps , supervising security at aircraft plants. In this position he served at Fort Douglas in Salt Lake City , Utah . He eventually reached
2736-515: A more urban and suburban pattern, canal water companies were gradually replaced by culinary water systems. Downtown Salt Lake City has been a hub of commerce for the Intermountain West and its architecture reflects this history. Main Street , which was the primary commercial avenue for the city in the late 19th and early 20th centuries, anchors the historic core of the downtown area that begins at
2888-575: A paper route. In addition, he sold magazine subscriptions. Upon graduating from David H. Hickman High School in Columbia, he was voted "Most Versatile Boy". After high school, Walton decided to attend college, hoping to find a better way to help support his family. He attended the University of Missouri as an ROTC cadet. During this time, he worked various odd jobs, including waiting tables in exchange for meals. Also during his time in college, Walton joined
3040-560: A pilot in the war, he decided to buy a small second-hand airplane. Both he and his son John would later become accomplished pilots and log thousands of hours scouting locations and expanding the family business.). In 1954, he opened a store with his brother Bud in a shopping center in Ruskin Heights, a suburb of Kansas City, Missouri . With the help of his brother and father-in-law, Sam went on to open many new variety stores. He encouraged his managers to invest and take an equity stake in
3192-470: A rapid response to the disaster, donating $ 20 million, 1,500 truckloads of merchandise, food for 100,000 meals, and the promise of a job for every one of its displaced workers. An independent study by Steven Horwitz of St. Lawrence University found that Wal-Mart, The Home Depot , and Lowe's made use of their local knowledge about supply chains, infrastructure, decision makers and other resources to provide emergency supplies and reopen stores well before
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#17328546325073344-527: A result, the population of the surrounding metropolitan area greatly outnumbers Salt Lake City. A major concern of recent government officials has been combating inner-city commercial decay. The city lost population from the 1960s through the 1980s, but experienced some recovery in the 1990s. Presently, the city has gained an estimated 5 percent of its population since the year 2000. The city has experienced significant demographic shifts in recent years. Hispanics now account for approximately 22% of residents and
3496-858: A role in the summer months, causing tropospheric ozone to peak in July & August, but in 2015 it started at the beginning of June. In 2016 Salt Lake's air quality was ranked 6th worst in the nation by the American Lung Association. It received an F grade for both ozone and particulate matter. Particulate pollution is considered especially dangerous, as the tiny pollutants can lodge deep in lung tissue. Both ozone and particulate pollution are associated with increased rates of strokes, heart attacks, respiratory disease, cancer and premature death. Outdoor air particulates have been associated with low and very low birth weight, premature birth, congenital defects, and death. Severe drought and water diversions have shrunk
3648-486: A same-day and last-mile delivery company in Brooklyn . In 2018, Walmart started crowdsourcing delivery services to customers using drivers' private vehicles, under the brand "Spark". On December 6, 2017, Walmart announced that it would change its corporate name to Walmart Inc. from Wal-Mart Stores, Inc. effective February 1, 2018. On January 11, 2018, Walmart announced that 63 Sam's Club locations would be closing. Some of
3800-513: A settlement in 2015 for an undisclosed amount, though Walmart later accused its insurers of "bad faith" in refusing to pay the settlement. In 2015, Walmart was the biggest U.S. commercial producer of solar power with 142 MW capacity , and had 17 energy storage projects. This solar was primarily on rooftops, whereas there is an additional 20,000 m for solar canopies over parking lots. On January 15, 2016, Walmart announced it would close 269 stores in 2016, affecting 16,000 workers. Of
3952-784: A single Sam's Club in New Jersey which opened in November 1989), but in July and October that year, it opened its first stores in California and Pennsylvania , respectively. By the mid-1990s, it was the most powerful retailer in the U.S. and expanded into Mexico in 1991 and Canada in 1994. Wal-Mart stores opened throughout the rest of the U.S., with Vermont being the last state to get a store in 1995. The company also opened stores outside North America, entering South America in 1995 with stores in Argentina and Brazil; and Europe in July 1999, buying Asda in
4104-473: A sushi bar. On September 12, 2007, Wal-Mart introduced new advertising with the slogan , " Save money. Live better. ", replacing the previous slogan " Always Low Prices, Always ", which it had used since 1988. Global Insight , which conducted the research that supported the ads, found that Wal-Mart's price level reduction resulted in savings for consumers of $ 287 billion in 2006, which equated to $ 957 per person or $ 2,500 per household (up 7.3 percent from
4256-474: A tendency to acquire or trade for these water rights. These can then be traded for culinary water rights to water imported into the valley. At its peak, irrigation in the valley comprised over one hundred distinct canal systems, many originating at the Jordan Narrows at the south end of the valley. Water and water rights were important in the 19th and early 20th centuries. As heavy agricultural usage changed into
4408-443: A total average of 60 inches (152 cm), although measurable snow has fallen as early as September 17 and as late as May 28. The snowiest season was 1951–52, with 117.3 inches (298 cm), while the least snowy season was 16.6 inches (42 cm) in 1933–34. The snowiest month on record was January 1993, in which 50.3 inches (128 cm) were recorded. The nearby Great Salt Lake is a significant contributor to precipitation in
4560-456: A total of 59 Supercenters, and opened 69 Neighborhood Markets, 8 Sam's Clubs, and 173 international locations, and relocated, expanded or converted 4 locations for a total of 177 international locations. On August 8, 2016, Walmart announced a deal to acquire e-commerce website Jet.com for US$ 3.3 billion. Jet.com co-founder and CEO Marc Lore stayed on to run Jet.com in addition to Walmart's existing U.S. e-commerce operation. The acquisition
4712-500: A town and its surrounding areas, other merchants would be discouraged from entering the market. To make his model work, he emphasized logistics , particularly locating stores within a day's drive of Walmart's regional warehouses, and distributed through its own trucking service. Buying in volume and efficient delivery permitted sale of discounted name brand merchandise. Thus, sustained growth—from 1977's 190 stores to 1985's 800—was achieved. Given its scale and economic influence, Walmart
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4864-467: A type of blood cancer, in Little Rock, Arkansas . A few days earlier, according to his son, Walton was still reviewing sales data in his hospital bed. The news of his death was relayed by satellite to all 1,960 Walmart stores. At the time, his company employed 400,000 people. Annual sales of nearly $ 50 billion flowed from 1,735 Walmarts, 212 Sam's Clubs, and 13 Supercenters. His remains are interred at
5016-479: A year left on the lease in Newport, the money-strapped young Walton had to learn to delegate responsibility. After succeeding with two stores at such a distance (and with the postwar baby boom in full effect), Walton became enthusiastic about scouting more locations and opening more Ben Franklin franchises . (Also, having spent countless hours behind the wheel, and with his close brother James "Bud" Walton having been
5168-745: A year to increase fuel efficiency in Wal-Mart's truck fleet by 25 percent over three years and double it within ten; reduce greenhouse gas emissions by 20 percent in seven years; reduce energy use at stores by 30 percent; and cut solid waste from U.S. stores and Sam's Clubs by 25 percent in three years. CEO Lee Scott said that Wal-Mart's goal was to be a "good steward of the environment" and ultimately use only renewable energy sources and produce zero waste . The company also designed three new experimental stores with wind turbines , photovoltaic solar panels, biofuel -capable boilers, water-cooled refrigerators, and xeriscape gardens. In this time, Wal-Mart also became
5320-406: Is Main Street; and the east–west axis is South Temple Street. Addresses are coordinates within the system (similar to latitude and longitude ). Odd and even address numbering depends on the quadrant of the grid in which an address is located. The rule is: When traveling away from the grid center (Temple Square) or its axes (Main Street, South Temple Street), odd numbers will be on the left side of
5472-406: Is believed to be its contiguous pattern of expansion over time, building new distribution centers in a hub and spoke framework within driving distance of existing Supercenters. The company's satellite network was also completed in 1987, a $ 24 million investment linking all stores with two-way voice and data transmissions and one-way video communications with the Bentonville office. At the time,
5624-459: Is home to a significant LGBT community and hosts the annual Utah Pride Festival . It is the industrial banking center of the United States. Salt Lake City and the surrounding area are also the location of several institutions of higher education including the state's flagship research school, the University of Utah . Sustained drought in Utah has strained Salt Lake City's water security , caused
5776-477: Is mediated by its unique geography, generally keeping highs and lows from reaching extremes. The primary source of precipitation in Salt Lake City is massive storms that move in from the Pacific Ocean along the jet stream from October to May. In mid-to-late summer, when the jet stream retreats far to the north, precipitation mainly comes from afternoon thunderstorms caused by monsoon moisture moving up from
5928-399: Is more economically diverse on the west side, which results in demographic differences. Interstate 15 was also built in a north–south line, further dividing east and west sides of the city. Sugar House , in southeastern Salt Lake City, has a reputation as an older neighborhood with small shops in the center. Sugar House is an area which has been the focus of redevelopment efforts such as
6080-523: Is noted to significantly impact any region in which it establishes a store. These impacts, both positive and negative, have been dubbed the "Walmart Effect". Walton married Helen Robson on Valentine's Day, February 14, 1943. They had four children: Samuel Robson (Rob) born in 1944, John Thomas (1946–2005), James Carr (Jim) born in 1948, and Alice Louise born in 1949. Walton supported various charitable causes. He and Helen were active in 1st Presbyterian Church in Bentonville; Sam served as an Elder and
6232-436: Is only 22%. Winters are quite cold but rarely frigid. While an average of 127 days drop to or below freezing, and 26 days with high temperatures that fail to rise above freezing, the city only averages 6.3 days at or below 10 °F (−12.2 °C). The record high temperature is 107 °F (42 °C), which occurred first on July 26, 1960, July 13, 2002, June 16, 2021, July 17, 2022, and most recently September 7, 2022, while
Sam Walton - Misplaced Pages Continue
6384-608: Is the capital and most populous city of the U.S. state of Utah . It is the county seat of Salt Lake County , the most populous county in the state. The city is the core of the Salt Lake City Metropolitan Statistical Area (MSA), which had a population of 1,257,936 at the 2020 census. Salt Lake City is further situated within a larger metropolis known as the Salt Lake City–Ogden–Provo Combined Statistical Area ,
6536-438: Is the right place, drive on." Brigham Young is said to have seen the area in a vision before the wagon train's arrival. They found the broad valley empty of any human settlement. Four days after arriving in the Salt Lake Valley, Brigham Young designated the building site for the Salt Lake Temple. The Salt Lake Temple, constructed on the block later called Temple Square, took 40 years to complete. Construction started in 1853, and
6688-602: The American Old West . The first group of settlers brought African slaves with them, making Utah the only place in the western United States to have African slavery. Three slaves, Green Flake, Hark Lay, and Oscar Crosby, came west with the first group of settlers in 1847. The settlers also began to purchase Indian slaves in the well-established Indian slave trade, as well as enslaving Indian prisoners of war. In 1850, 26 slaves were counted in Salt Lake County. In 1852,
6840-476: The Federal Emergency Management Agency (FEMA) began its response. While the company was overall lauded for its quick response amidst criticism of FEMA, several critics were quick to point out that there still remained issues with the company's labor relations. In 2006, Charles Fishman published The Wal-Mart Effect , examining the operation of Wal-Mart's supply chain . His book caught
6992-462: The Great Basin (the other being Reno, Nevada ). Salt Lake City was founded on July 24, 1847, by early pioneer settlers led by Brigham Young who were seeking to escape persecution they had experienced while living farther east. The Mormon pioneers , as they would come to be known, entered a semi-arid valley and immediately began planning and building an extensive irrigation network which could feed
7144-508: The Gulf of California . Although rainfall can be heavy, these storms are usually scattered in coverage and rarely severe. However, downtown was hit by an F2 tornado on August 11, 1999, killing 1 person, injuring 60, and causing $ 170 million in damage. The remnants of tropical cyclones from the East Pacific can rarely reach the city during Fall. The remnants of Hurricane Olivia helped bring
7296-764: The Hotel Newhouse , and the Salt Lake Theatre . After a period of stagnation in the era of urban sprawl , and with the construction of TRAX in the late 1990s and the City Creek Center in the early 2010s, downtown Salt Lake City is experiencing a period of revival. Empty lots and older structures are in the process of being redeveloped into apartment and office towers and the city has begun to close Main Street to automobile traffic on summer weekends to encourage pedestrian activity and business. More than 5,000 new residential units are planned or under construction for
7448-610: The Jordan River and the Great Salt Lake, and the highest is Grandview Peak , at 9,410 feet (2,868 m). The city is in the northeast corner of the Salt Lake Valley surrounded by the Great Salt Lake to the northwest, the steep Wasatch Range to the east, and Oquirrh Mountains to the west. Its encircling mountains contain several narrow canyons, including City Creek , Emigration , Millcreek , and Parley's which border
7600-512: The Presidential Medal of Freedom from then-President George H. W. Bush . Forbes ranked Sam Walton as the richest person in the United States from 1982 to 1988, ceding the top spot to John Kluge in 1989 when the editors began to credit Walton's fortune jointly to him and his four children. ( Bill Gates first headed the list in 1992, the year Walton died.) Wal-Mart Stores, Inc. also runs Sam's Club warehouse stores. Walmart operates in
7752-796: The Salt Lake Temple and concludes at the City and County Building . Halfway between those two structures, the Walker Center , at the corner of Main and 200 South, was built in 1912 and was the tallest building between Chicago and San Francisco upon its completion. Other extant pre-war structures include the Kearns Building , Hotel Monaco , the First Security Building, the Joseph Smith Memorial Building (formerly Hotel Utah),
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#17328546325077904-591: The UTA S-Line Streetcar . In late 2015 there were approximately 900 apartment units either recently built or under construction in the Sugar House area, with an additional 492 units proposed. Northeast of Downtown is The Avenues, a neighborhood outside of the regular grid system on smaller blocks. The area between 6th Avenue to South Temple Street is a Historical District that is nearly entirely residential, and contains many historical Victorian era homes. Recently
8056-609: The United States and 23 other countries. It is headquartered in Bentonville, Arkansas . The company was founded by brothers Sam and James "Bud" Walton in nearby Rogers, Arkansas in 1962 and incorporated under Delaware General Corporation Law on October 31, 1969. It also owns and operates Sam's Club retail warehouses. As of October 31, 2022, Walmart has 10,586 stores and clubs in 24 countries, operating under 46 different names. The company operates under
8208-602: The University of Arkansas , the Business College ( Sam M. Walton College of Business ) is named in his honor. Walton was inducted into the Junior Achievement U.S. Business Hall of Fame in 1992. Walmart Walmart Inc. ( / ˈ w ɔː l m ɑːr t / ; formerly Wal-Mart Stores, Inc. ) is an American multinational retail corporation that operates a chain of hypermarkets (also called supercenters), discount department stores , and grocery stores in
8360-472: The University of Utah , commercial precincts, and the Wasatch foothills. The western neighborhoods of the city, such as Poplar Grove , Rose Park , and Glendale tend to be more working-class and ethnically diverse and are popular with immigrants and young people. This divide is a result of the railroad being built in the western half as well as panoramic views from inclined ground in the eastern portion. Housing
8512-613: The Utah State Capitol and Democratic lawmakers have introduced legislation in the Utah State Legislature to make public transportation free during January and July, when air quality is usually at its worst. The population of the Salt Lake City metropolitan area is projected to double by 2040, putting further pressure on the region's air quality. The Great Salt Lake is separated from Salt Lake City by extensive marshlands and mudflats. The metabolic activities of bacteria in
8664-529: The Zeta Phi chapter of Beta Theta Pi fraternity. He was also tapped by QEBH , the well-known secret society on campus honoring the top senior men, and the national military honor society Scabbard and Blade . Additionally, Walton served as president of Burall Bible Class, a large class of students from the University of Missouri and Stephens College . Upon graduating in 1940 with a bachelor's degree in economics, he
8816-598: The coronavirus (COVID-19) pandemic forced temporary measures such as store closures, limited store occupancy, large-scale employee dismissal, and the enforcement of social distancing protocols for Walmart and many other companies. Store hours were adjusted to allow cleaning and stocking. Limits on items were placed due to the rise of panic buying . During the pandemic, Walmart changed some of its employee benefits. Employees were able to decide to stay home and take unpaid leave if they feel unable to work or uncomfortable coming to work. Additionally, Walmart employees who contract
8968-451: The liquefaction of the clay- and sand-based soil and the possible permanent flooding of portions of the city by the Great Salt Lake. On March 18, 2020, a 5.7 magnitude earthquake , the largest in the Salt Lake City area in modern times, hit Magna , just southwest of Salt Lake City, causing some minor damage throughout the valley. Damage in Salt Lake City was especially evident in historic brick homes— unreinforced masonry buildings —such as
9120-557: The territorial prison in Sugar House in the 1880s for violation of anti-polygamy laws. The church began its eventual abandonment of polygamy in 1890, releasing "The Manifesto" , which officially suggested members obey the law of the land (which was equivalent to forbidding new polygamous marriages inside the US and its territories, but not in church member settlements in Canada and Mexico). This paved
9272-629: The 1892 Sears mansion which required demolition after the earthquake. The Warm Springs Fault and the East Bench Fault, offshoots of the Wasatch Fault, were found in 2021 to connect underneath Salt Lake City, increasing the risk of major metropolitan damage from an earthquake. Prior to this, in 1997 the Salt Lake Tribune published a front-page exposé about how the construction of the downtown Salt Palace convention center had been hastened by
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#17328546325079424-419: The 1970s. Salt Lake City has a humid continental climate ( Dsa ), while western parts may experience a Mediterranean climate ( Csa ), as summers are dry and hot and winters are cold and wet, but rarely frigid. Late summer and early fall monsoonal activity can keep precipitation fairly consistent throughout the year aside from early to mid summer when rain is minimal. The temperature of the Salt Lake City area
9576-488: The 2004 savings estimate of $ 2,329). On June 30, 2008, Wal-Mart removed the hyphen from its logo and replaced the star with a Spark symbol. The store branding became "Walmart", with the corporate name remaining with the hyphen as "Wal-Mart". The new logo received mixed reviews from design critics who questioned whether the new logo was as bold as those of competitors, such as the Target bullseye, or as instantly recognizable as
9728-646: The Avenues is becoming known for restaurants and shops opening in old retail space mixed within the community. The Avenues are situated on the upward-sloping bench in the foothills of the Wasatch Range, with the earlier built homes in the lower elevation. The Avenues, along with Federal Heights , just to the east and north of the University of Utah , and the Foothill area, south of the university, contain gated communities, large, multimillion-dollar houses, and panoramic views of
9880-587: The Bentonville Cemetery. He left his ownership in Walmart to his wife and their children: Rob Walton succeeded his father as the Chairman of Walmart, and John Walton was a director until his death in a 2005 plane crash. The others are not directly involved in the company (except through their voting power as shareholders), however his son Jim Walton is chairman of Arvest Bank. The Walton family held five spots in
10032-755: The Boston and Newhouse Buildings, the Utah State Capitol , and the Clift Building . Salt Lake City has two historic passenger rail depots, the Denver and Rio Grande Western Depot and the Union Pacific Depot , the latter of which now anchors the Gateway district. Salt Lake City lost many significant structures to forces such as urban renewal in the 20th century, including the Dooly Building , designed by Louis Sullivan ,
10184-459: The COVID-19 restrictions such as the mask requirements and employee benefits were lifted. In the first quarter of 2020, consumers responded to COVID by shopping less frequently (5.6% fewer transactions), and buying more when they did shop (16.5%). As people shifted from eating out to eating at home, net sales at Walmart increased by 10.5%, while online sales rose by 74%. Although Walmart experienced
10336-615: The Confederate States of America, marched through the city and found it had been evacuated. They continued their march through the deserted city to vacant land at the southwest corner of the valley. There they set up Camp Floyd (40 miles (64 km) south of the city). Another military installation, Fort Douglas , was established in 1862 to maintain Union allegiance during the American Civil War . Many area leaders were incarcerated at
10488-404: The Great Salt Lake level to drop to record low levels, and has impacted the local and state economy. The receding lake has exposed arsenic which may become airborne, exposing area residents to poisonous dust. The city is also under threat of major earthquake damage amplified by two offshoots of the nearby Wasatch Fault that join underneath the downtown area. Before settlement by members of
10640-493: The Israeli startup Zeekit for $ 200 million. Zeekit uses artificial intelligence to allow customers to try on clothing via a dynamic virtual platform. In August 2021, Walmart announced it would open its Spark crowdsource delivery to other businesses as a white-label service, competing with Postmates and online food ordering delivery companies. Salt Lake City Salt Lake City , often shortened to Salt Lake or SLC ,
10792-660: The LDS Church, the Shoshone , Weber Ute, and Paiute had dwelt in the Salt Lake Valley for thousands of years. At the time of Salt Lake City's founding, the valley was within the territory of the Northwestern Shoshone . One local Shoshone tribe, the Western Goshute tribe, had names for the Jordan River , City Creek , and Red Butte Canyon (Pi'o-gwût, So'ho-gwût, and Mo'ni-wai-ni). The Goshutes (or, Gosiutes) also lived in
10944-530: The Latter-day Saints in July 1847, during the Mexican-American War . They had traveled beyond the boundaries of the United States into Mexican Territory seeking a secluded area to safely practice their religion away from the violence and the persecution they experienced in the United States . Upon arrival at the Salt Lake Valley, president of the church Brigham Young is recorded as stating, "This
11096-581: The Olympic games, but business did not pick up immediately following. On July 24, 2024, Salt Lake City was formally chosen by the International Olympic Committee (IOC) to host the 2034 Olympic Winter Games. All of the facilities from the previous Games can be re-used, and the bid enjoyed support from the IOC and the city. Salt Lake City hosted the 16th Winter Deaflympic games in 2007, taking place in
11248-551: The President of the United States to appoint a surveyor general for Utah Territory, and to cause that the lands of that territory should be surveyed preparatory to bringing them on the market. Because of numerous conflicts between the surveyor and the territorial government the first surveyor general abandoned his post in 1857, not to return till 1869. The pioneers organized a state called State of Deseret , and petitioned for its recognition in 1849. The United States Congress rebuffed
11400-579: The Sears Roebuck catalog, and the arrival of shopping malls—and concluded that shop owners who adapt to changes in the retail market can thrive after Wal-Mart arrives. A later study in collaboration with Mississippi State University showed that there are "both positive and negative impacts on existing stores in the area where the new supercenter locates". In the aftermath of Hurricane Katrina in September 2005, Wal-Mart used its logistics network to organize
11552-639: The United Kingdom for US$ 10 billion . In 1997, Wal-Mart was added to the Dow Jones Industrial Average . In 1998, Wal-Mart introduced the Neighborhood Market concept with three stores in Arkansas. By 2005, estimates indicate that the company controlled about 20 percent of the retail grocery and consumables business. In 2000, H. Lee Scott became Wal-Mart's president and CEO as
11704-452: The United States and 2,800 elsewhere, employing more than 1.6 million associates. Its U.S. presence grew so rapidly that only small pockets of the country remained more than 60 miles (97 kilometers) from the nearest store. As Wal-Mart expanded rapidly into the world's largest corporation, many critics worried about its effect on local communities, particularly small towns with many " mom and pop " stores. There have been several studies on
11856-456: The United States and in more than fifteen international markets, including: Argentina , Brazil , Canada , Chile , China , Costa Rica , El Salvador , Guatemala , India , South Africa , Botswana , Ghana , Malawi , Mozambique , Namibia , Tanzania , Uganda , Zambia , Kenya , Lesotho , Eswatini (Swaziland), Honduras , Japan , Mexico , Nicaragua and the United Kingdom . At
12008-574: The Wal-Mart Discount City store, it was located at 719 West Walnut Street. He launched a determined effort to market American-made products. Included in the effort was a willingness to find American manufacturers who could supply merchandise for the entire Walmart chain at a price low enough to meet the foreign competition. As the Meijer store chain grew, it caught the attention of Walton. He came to acknowledge that his one-stop-shopping center format
12160-457: The Wasatch Range. The second-highest mountain range is the Oquirrhs, reaching a maximum height of 10,620 feet (3,237 m) at Flat Top. The east–west-oriented Traverse Mountains to the south extend to 6,000' (1830m), nearly connecting the Wasatch and Oquirrh Mountains. The mountains near Salt Lake City are easily visible from the city and have sharp vertical relief caused by ancient earthquakes, with
12312-625: The attention of the press and the public. Fishman's case studies illustrate Wal-Mart's drive to lower costs and achieve greater efficiency and suggest that it may have significant upstream effects. Since Fishman's book was published, Wal-Mart has more than doubled in size. Further research on Wal-Mart's role in the food supply chain has tended to be limited and anecdotal. In November 2005, Wal-Mart announced several environmental measures to increase energy efficiency and improve its overall environmental record, which had previously been lacking. The company's primary goals included spending $ 500 million
12464-498: The biggest seller of organic milk and the biggest buyer of organic cotton in the world, while reducing packaging and energy costs. In 2007, the company worked with outside consultants to discover its total environmental impact and find areas for improvement. Wal-Mart created its own electric company in Texas, named Texas Retail Energy, which planned to supply its stores with cheap power purchased at wholesale prices. Through this new venture,
12616-601: The bulb of the native sego lily , which has long been part of the ordinary diet of the Shoshone, sego being derived from the Shoshone word seego . The sego lily was commemorated by the Sego Lily Dam, a flood-prevention infrastructure project in the shape of a giant sego lily, built in Sugar House Park in 2017. The city was not platted until after the federal surveyor abandoned his post in 1857. In 1855 Congress directed
12768-487: The business, often as much as $ 1000 in their store, or the next outlet to open. (This motivated the managers to sharpen their managerial skills and take ownership over their role in the enterprise.) By 1962, along with his brother Bud, he owned 16 stores in Arkansas, Missouri, and Kansas (fifteen Ben Franklins and one independent, in Fayetteville). The first true Walmart opened on July 2, 1962, in Rogers, Arkansas . Called
12920-408: The city has a significant LGBT community. There is also a large Pacific Islander population (mainly Samoans and Tongans ); they compose roughly 2% of the population of the Salt Lake Valley area. Salt Lake City was selected in 1995 to host the 2002 Winter Olympics. The games were plagued with controversy. A bid scandal surfaced in 1998 alleging bribes had been offered to secure the bid. During
13072-459: The city when UTA's TRAX opened in 1999. The S Line (formerly known as Sugar House Streetcar) opened for service in December 2013 on an old D&RGW right-of-way. The city's population began to stagnate during the 20th century as population growth shifted to suburban areas north and south of the city. Few of these areas were annexed to the city, while nearby towns incorporated and expanded. As
13224-411: The city. The city also has a belt route , I-215. Salt Lake City has developed a strong tourist industry based primarily on skiing , outdoor recreation , and religious tourism . It hosted the 2002 Winter Olympics and will host the 2034 Winter Olympics . It is known for its politically liberal culture, which stands in contrast with most of the rest of the state's highly conservative leanings. It
13376-613: The city. The lake effect can enhance rain from summer thunderstorms and produces lake-effect snow approximately 6 to 8 times per year, some of which can produce prodigious snowfall amounts. It is estimated about 10% of the annual precipitation in the city can be attributed to the lake effect. Salt Lake City features large variations in temperatures between seasons. During summer, there are an average of 56 days per year with temperatures of at least 90 °F (32.2 °C), 23 days of at least 95 °F (35 °C), and 9 days of 100 °F (37.8 °C). However, average daytime July humidity
13528-485: The closures. Walmart planned to focus on "strengthening Supercenters, optimizing Neighborhood Markets, growing the e-commerce business and expanding pickup services for customers". In fiscal 2017, the company plans to open between 50 and 60 Supercenters, 85 to 95 Neighborhood Markets, 7 to 10 Sam's Clubs, and 200 to 240 international locations. At the end of fiscal 2017, Walmart opened 38 Supercenters and relocated, expanded or converted 21 discount stores into Supercenters, for
13680-505: The company expected to save $ 15 million annually and also to lay the groundwork and infrastructure to sell electricity to Texas consumers in the future. In 2006, Wal-Mart announced that it would remodel its U.S. stores to help it appeal to a wider variety of demographics, including more affluent shoppers. As part of the initiative, the company launched a new store in Plano, Texas, that included high-end electronics, jewelry, expensive wines and
13832-675: The company moved into Texas in 1975, there were 125 stores with 7,500 employees and total sales of $ 340.3 million. In the 1980s, Wal-Mart briefly experimented with a precursor to the Supercenter, the Hyper-Mart. Four stores combined features of discount stores, supermarkets, pharmacies, video arcades, and other amenities. Wal-Mart continued to grow rapidly, and by the company's 25th anniversary in 1987, there were 1,198 Wal-Mart stores with sales of $ 15.9 billion and 200,000 associates. One reason for Wal-Mart's success between 1980 and 2000
13984-653: The company opened a home office and first distribution center in Bentonville, Arkansas . It had 38 stores operating with 1,500 employees and sales of $ 44.2 million. It began trading stock as a publicly held company on October 1, 1970, and was soon listed on the New York Stock Exchange . The first stock split occurred in May 1971 for $ 47 per share. By this time, Wal-Mart was operating in five states: Arkansas, Kansas, Louisiana, Missouri, and Oklahoma; it entered Tennessee in 1973 and Kentucky and Mississippi in 1974. As
14136-511: The company was the largest private satellite network, allowing the corporate office to track inventory and sales and to instantly communicate with stores. By 1984, Sam Walton had begun to source between 6% and 40% of his company's products from China. In 1988, Walton stepped down as CEO and was replaced by David Glass . Walton remained as chairman of the board. During this year, the first Wal-Mart Supercenter opened in Washington, Missouri . With
14288-470: The company's sales increased to $ 165 billion. In 2002, it was listed for the first time as America's largest corporation on the Fortune 500 list, with revenues of $ 219.8 billion and profits of $ 6.7 billion. It has remained there every year except 2006, 2009, and 2012. In 2005, Wal-Mart reported US$ 312.4 billion in sales, more than 6,200 facilities around the world—including 3,800 stores in
14440-581: The company. They eventually divested their shareholdings in Grupo Big to French retailer Carrefour , in transaction worth R$ 7 billion and completed on June 7, 2022. Walmart is the world's largest company by revenue , according to the Fortune Global 500 list in October 2022. In February 2023, Walmart announced that its FY2023 total revenue was $ 611.3 billion. Walmart is also the largest private employer in
14592-510: The contribution of its superstores, the company surpassed Toys "R" Us in toy sales in 1998. While it was the third-largest retailer in the United States, Wal-Mart was more profitable than rivals Kmart and Sears by the late 1980s. By 1990, it became the largest U.S. retailer by revenue. Prior to the summer of 1990, Wal-Mart had no presence on the West Coast or in the Northeast (except for
14744-490: The county geologist who erased the Warm Springs Fault from earthquake maps of Salt Lake City so that the downtown area appeared to be free of faults, enabling the convention center developers to avoid the time and expense of an earthquake hazard and risk assessment. The newspaper showed that the Warm Springs Fault runs north–south along W. Temple, directly adjacent to Temple Square and the convention center. A year later,
14896-422: The danger of earthquakes. Salt Lake City is subject to earthquakes from active fault lines running through it. These faults are related to the regional Wasatch Fault which runs north–south along the western base of the Wasatch Range and is considered at high risk of producing an earthquake as large as 7.5 magnitude . Catastrophic damage is predicted in the event of an earthquake with major damage resulting from
15048-497: The downtown area as of April 2021 and many new breweries and restaurants have opened in the last decade. Regent Street, which in the early 20th century was the city's red-light district , has recently been redeveloped with the notable additions of the 2,468-seat Eccles Theater and 111 Main, an adjacent 24-story office building. A distinctive feature of Salt Lake City's cityscape is its very large block sizes, which are 660 feet square and separated by streets 132 feet wide, making them
15200-513: The eastern city limits. The burgeoning population of Salt Lake City and the surrounding metropolitan area, combined with its geographical situation, has led to air quality becoming a concern. The Great Basin is subject to strong temperature inversions during the winter, which trap pollutants and decrease the air quality. The Utah Division of Air Quality monitors air quality and issues alerts for voluntary and mandatory actions when pollution exceeds federal safety standards. Protests have been held at
15352-404: The economic impact of Wal-Mart on small towns and local businesses, jobs, and taxpayers. Kenneth Stone, a professor of economics, found that some small towns can lose almost half of their retail trade within ten years of a Wal-Mart store opening. However, in another study, he compared the changes to what small-town shops had faced in the past—including the development of the railroads, the advent of
15504-502: The first main store in the Northeast . Walmart's investments outside the U.S. have seen mixed results. Its operations and subsidiaries in Canada, the United Kingdom ( ASDA ), Central America, Chile ( Líder ), and China are successful, but its ventures failed in Germany, Japan, South Korea, Brazil and Argentina. In 1945, businessman and former J. C. Penney employee Sam Walton bought
15656-507: The games, other scandals erupted over contested judging scores and illegal drug use. Despite the controversies, the games were heralded as a financial success, being one of the few in recent history to turn a profit. In preparation major construction projects were initiated. Local freeways were expanded and repaired, and a light rail system was constructed. Olympic venues are now used for local, national, and international sporting events and Olympic athlete training. Tourism has increased since
15808-413: The lake result in a phenomenon known as "lake stink", a scent reminiscent of foul poultry eggs, two to three times per year for a few hours. The Jordan River flows through the city and is a drainage of Utah Lake that empties into the Great Salt Lake. The highest mountaintop visible from Salt Lake City is Twin Peaks , which reaches 11,330 feet (3,450 m). Twin Peaks is southeast of Salt Lake City in
15960-516: The largest in the United States. This and the resulting development patterns gives the city and its buildings a unique sense of scale but also a distinct challenge to urban walkability , with many streets boasting six lanes for automobile traffic. On the other hand, the extra-wide streets have made the addition of dedicated transit lanes and light rail more feasible and many streets are now being redesigned with features such as protected bike lanes, linear parks, and even spaces for urban development within
16112-425: The late 19th and early 20th centuries, an extensive streetcar system was constructed throughout the city, with the first streetcar running in 1872 and electrification of the system in 1889. As in the rest of the country, the automobile usurped the streetcar, and the last trolley was approved for conversion in 1941, yet ran until 1945, due to World War II . Trolley buses ran until 1946. Light rail transit returned to
16264-478: The launch of free one-day shipping on more than 220,000 items with minimum purchase amount of $ 35. In September 2019, Walmart made the announcement that it would cease the sale of all e-cigarettes due to "regulatory complexity and uncertainty" over the products. Earlier in 2019, Walmart stopped selling fruit-flavored e-cigarette and had raised the minimum age to 21 for the purchase of products containing tobacco. That same month, Walmart opened its first Health Center,
16416-535: The medians. The city also encourages new projects to incorporate mid-block walkways and other scale-mitigation strategies into planning to promote pedestrian engagement. Salt Lake City has many distinct neighborhoods. There is a general east–west socioeconomic divide. The eastern neighborhoods of the city, such as the Avenues , 9th & 9th , Yalecrest , Federal Heights , and Sugar House tend to be more affluent. These districts are popular with professionals, families, and students due to their proximity to Downtown,
16568-512: The menu from a high-society ball. Disputes with the federal government ensued over the church's practice of polygamy . A climax occurred in 1857 when President James Buchanan declared the area in rebellion after Brigham Young refused to step down as governor, beginning the Utah War . A division of the United States Army , commanded by Albert Sidney Johnston , later a general in the army of
16720-843: The name Walmart in the United States and Canada , as Walmart de México y Centroamérica in Mexico and Central America , and as Flipkart Wholesale in India . It has wholly owned operations in Chile and a majority stake in Massmart in South Africa . Since August 2018, Walmart held only a minority stake in Walmart Brasil, which was renamed Grupo Big in August 2019, with 20 percent of the company's shares, and private equity firm Advent International holding 80% ownership of
16872-529: The nearby Utah Valley (the 1776 Dominguez-Escalante expedition were undoubtedly aware of Salt Lake Valley's existence). U.S. Army officer John C. Frémont surveyed the Great Salt Lake and the Salt Lake Valley in 1843 and 1845. The Donner Party , a group of ill-fated pioneers, had traveled through the Great Salt Lake Valley in August 1846. The settling of Salt Lake City dates to the arrival of
17024-428: The new tax law , it would be raising Walmart starting wages, distributing bonuses, expanding its leave policies and contributing toward the cost of employees' adoptions. Doug McMillon , Walmart's CEO, said, "We are early in the stages of assessing the opportunities tax reform creates for us to invest in our customers and associates and to further strengthen our business, all of which should benefit our shareholders." It
17176-543: The next year and $ 175,000 the year after that. Within the fifth year, the store was generating $ 250,000 in revenue. The lease then expired for the location and Walton was unable to reach an agreement for renewal, so he opened up a new store at 105 N. Main Street in Bentonville, naming it "Walton's Five and Dime". That store is now the Walmart Museum. On July 2, 1962, Walton opened the first Wal-Mart Discount City store at 719 W. Walnut Street in Rogers, Arkansas . Its design
17328-464: The population and foster future growth. Salt Lake City's street grid system is based on a standard compass grid plan, with the southeast corner of Temple Square (the area containing the Salt Lake Temple in downtown Salt Lake City) serving as the origin of the Salt Lake meridian . Owing to its proximity to the Great Salt Lake , the city was originally named Great Salt Lake City. In 1868, the word "Great"
17480-458: The potential for Walmart to save money and thus increase profits. On February 15, 2017, Walmart announced the acquisition of Moosejaw, a leading online active outdoor retailer, for approximately $ 51 million. The acquisition closed on February 13, 2017. On June 16, 2017, Walmart agreed to acquire the men's apparel company Bonobos for $ 310 million in an effort to expand its fashion holdings. On September 29, 2017, Walmart acquired Parcel,
17632-419: The previous company's logo, which was used for 18 years. The new logo made its debut on the company's website on July 1, 2008, and its U.S. locations updated store logos in the fall of 2008. Walmart Canada started to adopt the logo for its stores in early 2009. On March 20, 2009, Walmart announced that it was paying a combined US$ 933.6 million in bonuses to every full and part-time hourly worker. This
17784-717: The prior year. Income from continuing operations increased 3 percent to $ 13.3 billion, and earnings per share rose 6 percent to $ 3.35. On February 22, 2010, the company confirmed it was acquiring video streaming company Vudu, Inc. for an estimated $ 100 million. Walmart's truck fleet logs millions of miles each year, and the company planned to double the fleet's efficiency between 2005 and 2015. Fifteen based at Walmart's Buckeye, Arizona , distribution center were converted to run on biofuel from reclaimed cooking grease made during food preparation at Walmart stores. On November 14, 2012, Walmart launched its first mail subscription service called Goodies. Customers pay
17936-404: The purchase of a new location on the downtown square of Bentonville, Arkansas . Walton negotiated the purchase of a small discount store, and the title to the building, on the condition that he get a 99-year lease to expand into the shop next door. The owner of the shop next door refused six times, and Walton gave up on Bentonville when his father-in-law, without Sam's knowledge, paid the shop owner
18088-714: The rank of captain . In 1945, after leaving the military, Walton took over management of his first variety store at the age of 26. With the help of a $ 20,000 loan from his father-in-law, Leland Robson , plus $ 5,000 he had saved from his time in the Army, Walton purchased a Ben Franklin variety store in Newport, Arkansas . The store was a franchise of the Butler Brothers chain. Walton pioneered many concepts that became crucial to his success. According to Walton, if he offered prices as good or better than stores in cities that were four hours away by car, people would shop at home. Walton made sure
18240-418: The record low is −30 °F (−34 °C), which occurred on February 9, 1933. During mid-winter, strong areas of high pressure often stagnate over the Great Basin , leading to strong temperature inversions . This causes air stagnation and thick smog in the valley from several days to weeks at a time and can result in the nation's worst air-pollution levels. This same effect will also occasionally play
18392-574: The record monthly precipitation of 7.04 inches (179 mm) in September 1982. 1983 was the wettest year on record, with 24.26 inches (616 mm), while 1979 was the driest, when 8.70 inches (221 mm) were recorded. Spring snowmelt from the surrounding mountains can cause localized stream flooding during late spring and early summer, the worst examples being in 1952 and especially 1983, when City Creek burst its banks, forcing city engineers to convert several downtown streets into waterways. Snow falls on average from November 6 to April 18, producing
18544-622: The rest of the city. Smith's Plat of Zion specified the city was to be developed into 135 10-acre (4.0 ha) lots. However, the blocks in Salt Lake City became irregular during the late 19th century when the Church of Jesus Christ of Latter-day Saints lost authority over growth and before the adoption of zoning ordinances in the 1920s. The original 10-acre (4.0 ha) blocks allowed for large garden plots, and many were supplied with irrigation water from ditches that ran approximately where modern curbs and gutters would be laid. The original water supply
18696-475: The settlers in 1850 and established the Utah Territory , vastly reducing its size, and designated Fillmore as its capital city. Great Salt Lake City replaced Fillmore as the territorial capital in 1856, and the name later was shortened to Salt Lake City. The city's population continued to swell with an influx of converts to the LDS Church and Gold Rush gold seekers, making it one of the most populous cities in
18848-437: The shelves were consistently stocked with a wide range of goods. His second store, the tiny "Eagle" department store, was down the street from his first Ben Franklin and next door to its main competitor in Newport. With the sales volume growing from $ 80,000 to $ 225,000 in three years, Walton drew the attention of the landlord, P. K. Holmes, whose family had a history in retail. Admiring Sam's great success, and desiring to reclaim
19000-451: The source of the unusual width. These wide streets and grid pattern are typical of other Mormon towns of the pioneer era throughout the West. Though the nomenclature may initially confuse new arrivals and visitors, most consider the grid system an aid to navigation. Some streets have names, such as State Street, which would otherwise be known as 100 East. Other streets have honorary names, such as
19152-456: The store (and franchise rights) for his son, he refused to renew the lease. The lack of a renewal option, together with the prohibitively high rent of 5% of sales, were early business lessons to Walton. Despite forcing Walton out, Holmes bought the store's inventory and fixtures for $ 50,000, which Walton called "a fair price". With a year left on the lease, but the store effectively sold, he, his wife Helen and his father-in-law managed to negotiate
19304-455: The stores earmarked for closure, 154 were in the U.S., 95% of which were located, on average, 10 miles from another Walmart store. The 269 stores represented less than 1 percent of global square footage and revenue for the company. The 102 locations of Neighborhood Markets that were formerly or originally planned to be Walmart Express, which had been in a pilot program since 2011 and converted in to Neighborhood Markets in 2014, were included in
19456-408: The stores had already liquidated, without notifying employees; some employees learned by a company-wide email delivered January 11. Walmart said that ten of the stores will become e-commerce distribution centers and employees can reapply to work at those locations. Business Insider magazine calculated that over 11,000 workers would be affected. On the same day, Walmart announced that as a result of
19608-583: The street. A common explanation for the unusually wide streets of Salt Lake City is that Brigham Young wanted a wagon with a team of oxen to be able to turn around. However, Young was never recorded giving this directive. Joseph Smith, founder of the Latter Day Saint movement, planned the layout in the " Plat of the City of Zion " (intended as a template for Mormon towns wherever they might be built). This plan included streets 132 ft (40 m) wide, and may be
19760-537: The summer of 2007, 9th and 9th saw sidewalk and street improvements as well as an art installation by Troy Pillow of Seattle, Washington inspired by the 9 Muses of Greek myth, thanks in part to a monetary grant from Salt Lake City. Many of the homes in the valley date from pre–World War II times, and only a select few areas, such as Federal Heights and the East Bench, as well as the far west side, including parts of Rose Park and Glendale, have seen new home construction since
19912-412: The temple was dedicated on April 6, 1893. The temple has become an icon for the city and serves as its centerpiece. The southeast corner of Temple Square is the point of reference for the Salt Lake meridian , and for all addresses in the Salt Lake Valley. During the winter of 1847, an outbreak of measles killed many of the Shoshone in the area. The Shoshone saved the pioneers when they taught them to eat
20064-581: The territorial legislature passed the Act in Relation to Service and the Act for the relief of Indian Slaves and Prisoners formally legalizing slavery in the territory. On June 19, 1862, during the American Civil War , Congress prohibited slavery in all US territories. Explorer, ethnologist, and author Richard Francis Burton traveled by coach in the summer of 1860 to document life in Great Salt Lake City. He
20216-494: The top ten richest people in the United States until 2005. Two daughters of Sam's brother Bud Walton — Ann Kroenke and Nancy Laurie —hold smaller shares in the company. In 1998, Walton was included in Time ' s list of 100 most influential people of the 20th Century . Walton was honored for his work in retail in March 1992, just one month before his death, when he received
20368-594: The valley. Many consider this some of the most desirable real estate in the valley. In addition to larger centers like Sugar House and Downtown, Salt Lake City contains several smaller neighborhoods, each named after the closest major intersection. Two examples are the 9th and 9th (at the intersection of 900 East and 900 South Streets) and 15th & 15th (at the intersection of 1500 East and 1500 South Streets) neighborhoods. These areas are home to foot-traffic friendly, amenities-based businesses such as art galleries, clothing retail, salons, restaurants and coffee shops. During
20520-423: The venues in Salt Lake City and Park City , and Rotary International chose the city as the host site of their 2007 convention, which was the single largest gathering in Salt Lake City since the 2002 Winter Olympics. The U.S. Volleyball Association convention in 2005 drew 39,500 attendees. In 2020, the city experienced a 5.7 magnitude earthquake , protests against the killing of Bernardo Palacios-Carbajal , and
20672-527: The vicinity of Salt Lake and the valleys to the west. The land was treated by the United States as public domain; no aboriginal title by the Northwestern Shoshone was ever ceded or relinquished by treaty with the United States. The first explorer of European descent in the Salt Lake area was likely Jim Bridger in 1825, although others had been in Utah earlier, including some who traveled as far north as
20824-487: The virus would receive "up to two weeks of pay". After two weeks, hourly associates who are unable to return to work are eligible for up to 26 weeks in pay. Walmart paid pandemic bonuses of $ 428 million to its staff. People who did part-time or temporary work received a bonus of $ 150 while those who worked full-time received a bonus of $ 300. Starting in July 2020, Walmart customers were required to wear masks in all stores nationwide, including Sam's Club. By February 2022,
20976-564: The way for statehood in 1896, when Salt Lake City became the state capital. The First Transcontinental Railroad was completed in 1869 at Promontory Summit on the north side of the Great Salt Lake. A railroad was connected to the city from the Transcontinental Railroad in 1870, making travel less burdensome. Mass migration of different groups followed. Ethnic Chinese (who had laid most of the Central Pacific railway) established
21128-592: The western portion of 300 South, named "Adam Galvez Street" (for a local Marine corporal killed in action) or others honoring Rosa Parks , Martin Luther King Jr. , César Chávez , Harvey Milk , and John Stockton . These honorary names appear only on street signs and cannot be used in postal addresses. In the Avenues neighborhood , north–south streets are given letters of the alphabet, and east–west streets are numbered in 2.5-acre (1.0 ha) blocks, smaller than those in
21280-486: The world with 2.1 million employees. It is a publicly traded family-owned business, as the company is controlled by the Walton family . Sam Walton's heirs own over 50 percent of Walmart through both their holding company Walton Enterprises and their individual holdings. Walmart was the largest United States grocery retailer in 2019, and 65 percent of Walmart's US$ 510.329 billion sales came from U.S. operations. Walmart
21432-678: The youngest Eagle Scout in the state's history. In adult life, Walton became a recipient of the Distinguished Eagle Scout Award from the Boy Scouts of America . Eventually the family moved to Columbia, Missouri . Growing up during the Great Depression, he did chores to help make financial ends meet for his family as was common at the time. He milked the family cow, bottled the surplus, and drove it to customers. Afterwards, he would deliver Columbia Daily Tribune newspapers on
21584-410: Was based on Meijer's original innovative concept. Contrary to the prevailing practice of American discount store chains, Walton located stores in smaller towns, not larger cities. To be near consumers, the only option at the time was to open outlets in small towns. Walton's model offered two advantages. First, existing competition was limited and secondly, if a store was large enough to control business in
21736-513: Was dropped from the city's name. Immigration of international members of the Church of Jesus Christ of Latter-day Saints (LDS Church), mining booms , and the construction of the first transcontinental railroad brought economic growth, and the city was nicknamed "The Crossroads of the West". It was traversed by the Lincoln Highway , the first transcontinental highway, in 1913. Two major cross-country freeways, I-15 and I-80 , now intersect in
21888-528: Was from City Creek . Subsequent development of water resources was from successively more southern streams flowing from the mountains east of the city. Some old irrigation ditches are still visible in the eastern suburbs, or are still marked on maps, years after they were gone. There are still some canals that deliver water as required by water rights. Many lots, in Salt Lake City and surrounding areas, have irrigation water rights attached to them. Local water systems, in particular Salt Lake City Public Utilities, have
22040-467: Was granted unprecedented access during his three-week visit, including audiences with Brigham Young and other contemporaries of Joseph Smith. The records of his visit include sketches of early city buildings, a description of local geography and agriculture, commentary on its politics and social order, essays, speeches, and sermons from Young, Isaac Morley, George Washington Bradley and other leaders, and snippets of everyday life such as newspaper clippings and
22192-422: Was in addition to $ 788.8 million in profit sharing , 401(k) pension contributions, hundreds of millions of dollars in merchandise discounts, and contributions to the employees' stock purchase plan. While the economy at large was in an ongoing recession , Walmart reported solid financial figures for the fiscal year ending January 31, 2009, with $ 401.2 billion in net sales, a gain of 7.2 percent from
22344-408: Was inspired by Ann & Hope , which Walton visited in 1961, as did Kmart founder Harry B. Cunningham . The name was derived from FedMart , a chain of discount department stores founded by Sol Price in 1954, whom Walton was also inspired by. Walton stated that he liked the idea of calling his discount chain "Wal-Mart" because he "really liked Sol's FedMart name". The building is now occupied by
22496-698: Was listed on the New York Stock Exchange in 1972. By 1988, it was the most profitable retailer in the U.S., and it had become the largest in terms of revenue by October 1989. The company was originally geographically limited to the South and lower Midwest, but it had stores from coast to coast by the early 1990s. Sam's Club opened in New Jersey in November 1989, and the first California outlet opened in Lancaster , in July 1990. A Walmart in York, Pennsylvania , opened in October 1990,
22648-427: Was reported that Walmart is now looking at entering the subscription-video space, hoping to compete with Netflix and Amazon. They have enlisted the help of former Epix CEO, Mark Greenberg, to help develop a low-cost subscription video-streaming service. On February 26, 2019, Walmart announced that it had acquired Tel Aviv-based product review start-up Aspectiva for an undisclosed sum. In May 2019, Walmart announced
22800-456: Was structured as a payout of $ 3 billion in cash, and an additional $ 300 million in Walmart stock vested over time as part of an incentive bonus plan for Jet.com executives. On October 19, 2016, Walmart announced it would partner with IBM and Tsinghua University to track the pork supply chain in China using blockchain. The use of blockchain to automate the tracking of the supply chain promises
22952-613: Was the richest person in the United States. His family has remained the richest family in the U.S. for several consecutive years, with a net worth of around $ 240.6 billion US as of January 2022. In 1992 at the age of 74, Walton died of blood cancer and was laid to rest at the Bentonville Cemetery in his longtime home of Bentonville, Arkansas . Samuel Moore Walton was born to Thomas Gibson Walton and Nancy Lee, in Kingfisher, Oklahoma . He lived there with his parents on their farm until 1923. However, farming did not provide enough money to raise
23104-529: Was voted "permanent president" of the class. Furthermore, he elaborated that he learned from a very early age that it was important for them as kids to help provide for the home, to be givers rather than takers. Walton realized while serving in the army, that he wanted to go into retailing and to go into business for himself. Walton joined J. C. Penney as a management trainee in Des Moines, Iowa , three days after graduating from college. This position paid him $ 75
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