With Wal-Mart's annual stockholder day behind us, and with all-things-are-looking rosy glasses the Wal-Mart folks seem to be wearing, the proof will be in the pudding the rest of this year. Will it be able to perform, and more importantly, will your portfolio be wiser because of it?
Wal-Mart has to start re-inventing itself and cast its sales in a newer, higher-margin light if revenues and foot traffic are to increase to the tune of store and chain growth soon, and it's on the way as this is being written.
But, here's a question to fathom: even with these changes, has Wal-Mart's brand been soured in the press and in consumer minds enough for this to be a major factor in getting more shopping folks in the doors? Can price alone make growth (and the strategy to get there) keep on steaming ahead? Sure, price has got Wal-Mart this far -- but is it enough for the future?
But, here's a question to fathom: even with these changes, has Wal-Mart's brand been soured in the press and in consumer minds enough for this to be a major factor in getting more shopping folks in the doors? Can price alone make growth (and the strategy to get there) keep on steaming ahead? Sure, price has got Wal-Mart this far -- but is it enough for the future?
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Reader Comments (Page 1 of 1)
6-05-2006 @ 7:09PM
William Martin said...
Why comment? You won't print it anyway. Bmartin Longview,TEX.
6-05-2006 @ 7:32PM
William Martin said...
I have tried several times to say some positive things about Wal-Mart even though they are not perfect they are the best thing going for me on my limited income.That was basically all I wanted to say which was never printed. I just got tired of commenting to no avail.
Billy Martin Longview,Tex.