We want to set a tone going into our fiscal year that starts Feb. 1, that Wal-Mart Stores is going to be aggressive in taking care of customers, taking care of our associates, communications and merchandising.
Sentiment: NEGATIVE
Now I know that Wal-Mart's policies do not reflect the best way of doing business and the values that I think are important in America.
There are going to be some people who never want Wal-Mart. That's OK.
People have to follow their hearts, and if their hearts lead them to Wal-Mart, so be it.
Each Wal-Mart store should reflect the values of its customers and support the vision they hold for their community.
At Wal-Mart, it goes back to Sam Walton and the foundation and business model that we simply operate for less, or everyday low cost. We're known for operating in a very efficient way and then giving those savings to customers.
Walmart's period of explosive growth coincided with decades of wage stagnation and deindustrialization. By applying relentless downward pressure on prices and wages, the company came to dominate both consumer spending and employment in small towns and rural areas across the middle of the country.
I don't see anything Wal-Mart can do that other retailers can't.
We see great growth in the United States. But also in China, Brazil, the U.K., and other markets around the world. So ecommerce is going to continue to be a great story for Walmart.
Walmart isn't your average mom-and-pop operation. It's the largest employer in America. As such, it's the trendsetter for millions of other employers of low-wage workers.
You go to Main Street, and Wal-Mart is coming to town and kicking out all the mom and pop stores. All the people that were in the mom and pop stores are now working for Wal-Mart.
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