Sam Walton's Newport store had increased sales from $80,000 to $225,000 in three years. But his landlord refused to renew the lease, giving the property to his son instead. Walton moved to Bentonville in 1950 and bought another variety store. The town had just 3,000 residents. He later expanded into nearby communities, opening Walmart's first discount store in Rogers, Arkansas, in 1962." name="description">window.pageLoadStarted = (new Date()).getTime().