Sam Walton, American retailer

“There is only one boss. The customer. And he can fire everybody in the company from the chairman on down, simply by spending his money somewhere else.”

Sam Walton (born 1918, died 1992) built the world’s largest retailer on low prices. Sam Walton was a self-styled populist who became the richest man in America. He bought direct from manufacturers and made his stores as efficient as possible, sending the savings back to consumers. From Wal-Mart’s beginnings in Arkansas in 1962, Walton saw a market for discount stores in rural and small-town America. He identified fertile ground for new stores by piloting his propeller plane over the heartland and cornering those areas long before other large retailers even recognized them as markets. Wal-Mart’s inexorable growth made it a target for antisprawl activists and many have criticized its labor practices. But even the company’s fiercest critics recognize that Walton’s ability to leverage economies of scale and commitment to low prices drove that unmatched growth.

Walton never wavered from his strategy even as other discounters broke into midmarket products, and low prices won out in the end.


Our Great Lawyer Guarantee

We want to be part of your team over the long term. We'll achieve this by sticking closely to the following principles:

  • We'll listen carefully to understand what you want to achieve. Then we'll thoroughly explain our advice and step you through the documents. You can be sure you'll know the full consequences.
  • Our lawyers work as a team, so someone will always be available to answer your questions, or point you in the right direction. You will also benefit from a range of perspectives and experience.
  • One of our key goals is to pass on as much knowledge as we can, so you can make your own informed decisions. We want to make you truly independent.
  • We only do what we're good at. You can be confident that we know what we're doing and won't pass on the cost of our learning.
  • For advice and documents, we provide a fixed or capped quote so you don’t take price risk. If you're in a dispute, we'll map out the process and costs so you know what to expect.
  • We're not in this game for our egos. We're in it for a front row seat to witness your success

We measure our success on how efficiently we have facilitated your objectives, enhanced your relationships, and reduced the level of stress for all involved.

If we sound like people you can work with, call us now on 1300 654 590 and speak directly with a great lawyer.

Call 1300 654 590 and speak with a lawyer

You’ll be put straight through to a great lawyer who will guide you to the right solution.

Can employers require an employee to get a COVID 19 vaccination? 

Can employers require an employee to get a COVID 19 vaccination? 

On 25 January 2021, the Pfizer COVID 19 vaccination was approved for roll-out in Australia. This raises an important question – can employers require workers to be vaccinated against COVID 19? There is no hard and fast answer yet, but we can look to recent cases involving flu vaccinations for guidance. 

read more
What is a director’s role in a members’ voluntary liquidation?

What is a director’s role in a members’ voluntary liquidation?

If you are a director and member of a company and ready to shut down your solvent business through a members’ voluntary liquidation, you may be wondering how the process looks. In particular, you may be wondering what your role will be as the liquidation progresses.

Read more below to see how you may stay involved with the company throughout the liquidation process and how your role might change if you opt out.

read more