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Journal Essay Preview: Journal Report this essay Established in 1962 by Sam Walton, and has been incorporated under the name of Wal-Mart Stores, Inc. since October 31, 1969, Wal-Mart Corporation has quickly become the American largest retailer with its two famous segments, the Wal-Mart Stores, and the Sam’s Club. Among the two, the Wal-Mart Stores.