Knowledge grows through sharing! To be the best, learn from the best! May all your dreams come true! Collections of Value Investing articles, interviews and videos, especially on Warren Buffett and Charlie Munger and articles from various disciplines to build "Latticework of Mental Models"
Showing posts with label Wal Mart. Show all posts
Showing posts with label Wal Mart. Show all posts
Friday, November 13, 2009
Friday, January 11, 2008
Wal Mart: Good December Results
“In a difficult retail environment, we were pleased with our comparable store sales during this period,” said Eduardo Castro-Wright, Wal-Mart Stores U.S. president and chief executive officer. “Wal-Mart’s food performance was very strong, which helped drive traffic to other areas of the stores.
“Our price leadership position was clear very early in the holiday season, and customers responded throughout the period to our pricing and merchandise offerings, which were supported by well-integrated advertising and in-store communications,” he said. “Customers were also pleased with the improvements they saw through our faster, friendlier check-outs, as well as their overall in-store experiences. Our stores were well-merchandised and did a good job managing inventory throughout the Christmas season.”
Wednesday, January 09, 2008
Minneaplis Fed study: Wal-Mart demonization off-base
Much of the conventional wisdom about Wal-Mart Stores Inc.'s negative effects on local communities is off-base, according to a study on the "Wal-Mart effect" by the Federal Reserve Bank of Minneapolis.Across a number of measures, the giant retailer's impact is probably a net positive, and overall its footprint on a community's well-being appears smaller than most perceive, economist Terry Fitzgerald said in the bank's "fedgazette" magazine.
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