Posted on 05/29/2007 8:32:50 PM PDT by TigerLikesRooster
Wal-Mart investors waiting to hear strategy for growth
SALES AT U.S. STORES HAVE BEEN TRAILING TARGET, OTHER RIVALS
By Marcus Kabel
Associated Press
Article Launched: 05/29/2007 01:36:22 AM PDT
Thousands of Wal-Mart investors and employees will pack a northwest Arkansas sports arena Friday for the giant retailer's annual shareholder meeting, a mix of music celebrity flash and serious business with a pinch of criticism from dissident shareholders.
Investors will be closely watching the presentations by Chief Executive Lee Scott and top executives for word on growth strategies after the company warned second-quarter profit may miss Wall Street expectations.
The global retailer typically packs the 18,000-seat Bud Walton Arena at the University of Arkansas-Fayetteville, about 30 miles south of Wal-Mart headquarters in Bentonville.
Activist shareholders ranging from religious orders and unions to a free-market think tank are offering 11 proposals. Such measures typically fail to win majority support.
(Excerpt) Read more at mercurynews.com ...
The Two Canadian Walmarts near where I live, both have fabric sections
Not for long, all are to close the fabric section within 3 years.
Could be that Wal-mart, who now has to support Chinese Communist Unions in its own stores there... is finally diversifying away from the Chicoms?
Fabrics are staying at Store #1, and the Hancock’s, one block East of it is closing!
Duped again. They're just figuring out how to produce them themselves, with their endless cheap labor. Watch for mass layoffs of what's left of our firearms manufacturers.
However, I am restoring an old boat with used parts off eBay and am quite amused to see “Made in the USA” on virtually every one of them. My how times have changed.
From Walmart's own web site:
Why doesn't Walmart.com sell firearms? (bolding is on website)
Certain legal restrictions prevent us from selling firearms. But the Web site has an online catalog featuring a large selection of guns available for special order at your local Wal-Mart store.
Anyone know what these "Certain legal restrictions" are and why they exist?
Does it have to do with past violations of ATF paperwork requirements?
For how long? The dept manager at my Wal-Mart in Millington, TN said all would be closed in 3 years....yarn section is now a tiny one, embroidery thread was eliminated a year ago. Yet according to the Today show sewing is the hottest new trend among young women.
You quit buying “Made in China” and you’ll have nothing, especially money.
Huh?
I was refering to food. I will not buy food made in China.
Let me see, if I go to the produce and meat departments where do I see a sticker saying "Made in China"?
Lots of fruits and veggies state where they come from.
For expample, I saw strawberries from Mexico this week. I passed.
I’ve seen a lot of canned food that was labeled-Product of China.
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