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Wal-Mart is an amazing success story. What I particularly admire very much about the late Sam Walton was his policy of valuing his employees. Giving value to employees is very rare in the retail industry. I also admire the strategies Walton used to build up his discount store concept.

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 is an amazing story of entrepreneurship and, as one of the world's most powerful brands, touches millions of lives every day.

I love Wal-Mart. You can put that down. I love Wal-Mart. My husband and I hang out there.

Wal-Mart's success strategies and tactics are easy to understand yet hard to duplicate.

Each Wal-Mart store should reflect the values of its customers and support the vision they hold for their community.

The key to competing and surviving against Wal-Mart is to focus your business into a niche or pocket where you can leverage your strengths in the local marketplace.

Some of the companies we helped start are names you know. An office supply company called Staples - where I'm pleased to see the Obama campaign has been shopping; The Sports Authority, which became a favorite of my sons. We started an early childhood learning center called Bright Horizons that First Lady Michelle Obama rightly praised.

I was raised on farms by people who didn't have Wal-Mart. They had to make their own sleds, harnesses, clothing, etc.

Sam Walton's values are: treat the customer right, take care of your people, be honest in your dealings, pass savings along to the customer, keep things simple, think small, control costs and continuously improve operations.