Wal-Mart needs a stock rebound just as bad as some PR work

Posted Apr 6th 2006 4:28PM by Brian White
Filed under: Other Issues, Industry, Internet

This article over at CNN Money makes sense - quite a bit, actually. In addition to the huge black eyes Wal-Mart has seen in recent years from employee treatment fiascos to leaked company memos to accusations of man-handling local competitors - they could use some polish to their image.

In addition to this, WMT has languished as of late and sales have slipped and stalled all over the place. We all remember what the holiday 2004 fiasco was about - Wal-Mart refused to lower prices on many holiday items and even raised some prices - leading to some disastrous sales results. Not being one to let their stock price languish in the doldrums, the gist of this article is to bolster labor relations, expand internationally, manage its merchandise more effectively, and attract new customers. On those last two, it would be interesting to see how the world's arguably most advanced IT control system manages inventory any better, or how WMT will attract new customers - concept stores for yuppies could be a great start.

Tags: Wal-Mart stock price, Wal-martStockPrice, WMT stock, WmtStock