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; The beginnings of discount retailing CAN BE traced to 1962. The first year of operation for WAL-MART in rogers. ARK. SAM WALTON'S tiny chain of variety stores in arkansas and kansas were facing competition from regional discount chains. But HE believed the american consumer was shifting to a different type of general store. Today. WALTON'S gamble is a global Company with more than 1.9 million...