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Wal-Mart Weekly: Lee Scott's legacy

Welcome to the 94th installment of The Wal-Mart Weekly, a column dedicated to bringing you insight, wit, facts, results, opinions, and just a bit of everything else when it comes to a very hot topic these days: Wal-Mart.

Wal-Mart Stores, Inc. (NYSE: WMT) is about to change CEOs for the first time in nearly a decade. H. Lee Scott, the Wal-Mart lifer who has been with the company through its largest expansion phase ever -- making it the largest retailer in the world -- is about to hand the reigns over to Michael Duke.

Scott has been both ridiculed and lauded at for his hand in the company. It grew fast under his watch, but attracted legions of problems during that time as well. As in many cases of rapid growth, Wal-Mart had as many disadvantages as advantages as a result. Scott's hand in both of these will go down in the annals of Wal-Mart history as a result.

Continue reading Wal-Mart Weekly: Lee Scott's legacy

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Last updated: May 28, 2012: 01:28 PM

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