Word: wals
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...currency traders all over the world, who calculate that the only way in which the record U.S. trade deficit can be brought under control is if the dollar declines, hence making American exports relatively cheaper in foreign markets and, say, Chinese imports relatively more expensive at your local Wal-Mart...
...falling asleep on Christmas Eve, seriously doubting the existence of Santa Claus, then dreaming of the eponymous train pulling into his front yard and transporting him to the North Pole. There he finds a not particularly jolly old St. Nick presiding over a kind of super Wal-Mart, in which, you can be sure, the elves toil without protection of a union contract. The mass adoration that greets this Santa's appearance before his helpers may, indeed, queasily remind you of modern dictators rallying the faithful...
...weak stock market and why long-term interest rates have been falling. But from the data we look at, the economy continues to expand pretty well. Our retail and manufacturing business is strong. We're moving a lot of stuff ahead of the holidays. Our retailer customers include Wal-Mart and Home Depot, and they continue to show expanded shipping patterns and plenty of inventory building. They expect a good holiday season...
Every company pays lip service to customer service, but anyone who has endured an airline's phone-support hell or talked to a clueless sales clerk in an electronics store knows the truth. In many cases, the customer comes dead last. A company like Toys "R" Us may blame Wal-Mart for destroying its core toy business, but "[nobody's] customers just walk away; they will put up with a lot of stuff," says business strategist Fred Wiersema. "By the time they switch, they are really...
...QUESTIONS: CEO H. Lee Scott on Wal-Mart's retailing reputation...