The phrase "everyday low prices" has become synonymous with Wal-Mart as generations of Americans have shopped and still continue to shop at this retail giant. Sam Walton founded the company in 1962 as a discount store in Bentonville, Arkansas. Now, with almost $345 billion in net sales, 6,700 stores worldwide, and 1.8 million employees later, that discount store has now transformed itself to the headquarters of the second-largest company in the world.