1940s
A New Generation
![](https://one.walmart.com/content/dam/walmartmuseum/images/tour/exhibits/early_years_header.jpg)
1940
The Early Years
View Exhibit1940
Sam Walton graduates from the University of Missouri with a B.A. in economics.
1940
Sam Walton begins his career in Des Moines, Iowa, as a management trainee with the J.C. Penney Company.
1942
During World War II, Sam Walton enlists and serves for three years in the Army Intelligence Corps.
1942
Walmart co-founder Bud Walton (Sam's brother) serves as a Navy pilot during World War II on the aircraft carrier USS Manila Bay in the South Pacific.
![](https://one.walmart.com/content/dam/walmartmuseum/images/tour/exhibits/family_partnership.jpg)
1943
Family Partnership
View Exhibit1945
After leaving the Army, Sam Walton opens his first retail store at the age of 27, a Ben Franklin variety store in Newport, Arkansas.
“Saturdays around Bentonville Square were something special. Dad always had something going on … it seemed like we had a circus or carnival going on almost every weekend.”
Alice Walton
1947
Bud Walton opens a Ben Franklin variety store in Versailles, Missouri.
1949
The Newport store is a huge success and soon becomes the top Ben Franklin franchise in Arkansas. But the building’s owner will not renew Sam’s lease. The Walton family must search for a new location.