Walmart CEO and President, Lee Scott, said that Wal-mart is expected to flourish during this economic downturn. Here's a direct quote: "We see this as an opportunity to widen our moat. ... This is Wal-Mart time". Their main emphasis in their advertising will be on prices this holiday season. They will also continue to push friendlier service, cleaner stores and faster checkout.
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Wednesday, October 29, 2008
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