The ability of computer systems to exchange information. with other systems. Integration. The ability of computer based applications to interact with. other systems in order to perform a useful function for the user.
The first Dollar General store opened in Scottsville, Kentucky, on June 1, 1955, the concept was that no item in the store would cost more than one dollar. The idea became a success, and other stores owned by J.L. Turner and his son Cal Turner were quickly converted.
In 1970, the company, now incorporated as Wal-Mart Stores, Inc., opened its first distribution center and its home office, both located in Bentonville. In that year, Wal-Mart also made an initial public offering of its stock, which for the next two years was unlisted on a major exchange, and thus traded âover the counter.â