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For two years before it was listed on the NYSE, shares in the company were traded over the counter, meaning that brokers directly bought and sold the stock from one another.
1977 - Illinois becomes the tenth state to have a Wal-Mart store.
1983 - The first Sam's Club, the company's first members-only warehouse store, opens in Oklahoma. The new club is setup to compete with Costco, which first opened for business customers in 1976.
1987 - Wal-Mart celebrates its 25th anniversary. After 25 years in business, the company boasts some 1,198 stores with $15.9 billion in sales that year.
1988 - The first Wal-Mart Supercenter opens in Missouri...
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