Word: wal
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
Clinton: I believe that if you look at the most successful organizations in this country, that's what they do. Hillary was on the Wal-Mart board, and I was always fascinated by the way those executives would sit around and have their meetings and take some issue and just talk it through to death and get every angle...
Some Goliaths have stumbled by getting hooked on growth and expanding far afield from their core business. Sears took its eye off retailing in the 1980s to venture into stocks and bonds and real estate. As Sears diversified, highly focused retailers ate its bread and butter. Wal-Mart offered low prices, while Nordstrom boasted personal service. Now, with its flagship Sears stores in trouble, the company is getting back to basics by selling its Dean Witter brokerage house and most of its Coldwell Banker real estate firm. Sears is not the only respected name to get burned in the financial...
...cosmetic cotton pads and facial tissues. But O'Daniel needed financing to do that, so he went to his local bank for a $300,000 line of credit. His company has an unblemished credit history and has been ringing up $600,000 in monthly sales to such customers as Wal-Mart and K Mart. Yet the bank turned him down on the grounds that Tempco's track record wasn't long enough. O'Daniel now has to scale back his plans and lay off four employees...
...sound of jobs..." ."If you confiscate the Forbes 400 wealth, take it all, you cannot balance the budget this year." ."I'm putting my wallet on the table for you and your children." ."I can say that I run a grocery store, that doesn't mean I could run Wal-Mart...
...Witter are currently generating 90% of Sears' earnings, while income from its 860 retail stores has declined 33% this year. Rather than help Sears' growth, most analysts believe, the financial units only subsidized its failure to compete during the retail revolution that produced such fierce, profit-taking rivals as Wal-Mart, Home Depot, the Gap and Circuit City. Furthermore, its urge to grow saddled Sears with a $38 billion debt that has left bond markets and shareholders increasingly restive...