There aren't many stores where you can buy a flat screen TV, sneakers, tonight's dinner, and diapers in the same store, even at a low price every day. Walmart has a way of running their business so they can give you a one stop shop and be very economical. There are other such stores like Costcos, BJay's, Sams Club but the problem with these stores is that you need a membership just to shop at their stores and you don't have to have one at Walmart. A similar store is also Kmart but the price range is the biggest difference. Just like anything else in the world, there are pros and cons, pluses and minuses. In the long run, Walmart, which is one of the largest companies and the number one employer with 3,700 locations and 1.2 million employees, is good for the overall socioeconomic health of America. If it wasn't, it wouldn't be as big as it is now. Walmart was founded in 1962 by a man named Sam Walton. He had this goal of great customer service and great value. He believed he could become a great leader because of the service he could provide to the people. In Kingfisher, Oklahoma Walton was born in 1918. Walton had a store before Walmart, it was Walton's 5&10. So he had retail experience and knew how to run a business. The first Walmart was built in Roger, Arkansas at the age of 44. Walton was a smart thinker, just like other businesses trying to succeed, he wanted to make money. Unlike the others he had another concept. He believed that he would be successful if he sold his items at a low price. Many thought this idea would never be realized. This company's aspirations have become bigger than it expected. He had a way of speaking that pushed partners to expand... mid-paper... to scale back their business and solve the problem that in this case Walmart couldn't solve. Walmart is good for America because just to correct everything that is wrong that Walmart is doing, it makes America have to make an effort to change and have to follow the rules and comply with the regulation. Walmart was created to make money very quickly and Walmart remained because no one realized what they were doing. This Walmart can only end in three ways: it can be left the same and the business itself grows more than before and all the other businesses end up closing. Or it can close and 1.2 million workers could be left unemployed. Finally, other entrepreneurs can take it upon themselves to make a change and improve their businesses and not force people to leave Walmart but make their business better than Walmart so that people will no longer want to shop there.