ADVERTISING AGE NAMES ADMAN OF THE YEAR
ADVERTISING AGE NAMES ADMAN OF THE YEAR NEW YORK, Dec. 23 /PRNewswire/ -- Sam Walton, whose Wal-Mart Stores
(NYSE: WMT) rocked the retail industry with name brands at low prices, is Advertising Age's Adman of the Year for 1991.
"No other retailer so shaped the marketing environment and determined the way consumers now expect products to be marketed as 'Mr. Sam'," Advertising Age reported in the Dec. 23, 1991 year-end double issue. Started just 29 years ago in Rogers, Ark., Wal-Mart in 1990 passed both Kmart Corp. and Sears, Roebuck & Co. to become the largest retailer in the U.S. Today, Sam Walton's empire includes 1683 Wal-Mart stores, 198 warehouse-style Sam's Clubs and four Hypermart USA units. Past recipients of the Advertising Age honor include Michael Eisner, head of Walt Disney Co., and Fred Turner, head of McDonald's Corp. -0- 12/23/91 /CONTACT: Chris Frohock of Advertising Age, 212-210-0168/ (WMT) CO: Advertising Age ST: New York IN: ADV SU: FC-KW -- NY077 -- 4937 12/23/91 16:11 EST
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|Date:||Dec 23, 1991|
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