During an acceptance speech for the Presidential Medal of Freedom awarded to Sam Walton in 1992, Mr. Walton articulated what would later come to be Walmart’s official company purpose. In his remarks he said, “If we work together, we’ll lower the cost of living for everyone…we’ll give the world an opportunity to see what it’s like to save and have a better life.” By selling products at low prices, people are able to save money [Read More...]