[The two executives are also swapping territories. Menzer, 54, will take over the U.S. Business after serving as chief executive officer of Wal-Mart International. Duke, 55, will run the international division after heading Wal-Mart Stores U.S. A.] Its interesting they flipped the jobs,.. They want the future CEO to have experience on the domestic and international side equally. It may be that Wal-Mart looks at the international side as equal to the U.S.
Britt Beemer
business future division jobs experience interesting serving run side
At this point in the buying season, parents have only spent 1.96 so far, so there is time for stores to get aggressive and drive more sales
time parents drive sales
It's hard to escape a week without some negative story about Wal-Mart. Let's look at the facts. Wal-Mart is clearly the number one retailer in America. Average consumers have to buy the products that Wal-Mart sells and they do this each and every week. The consumer isn't interested in the origin of the products purchased as long as merchandise meets their expectations.
products negative story america expectations facts hard escape
Wal-Mart deserves their high admiration level because they do what they say. They give America a place to buy at low prices in stores where employees seem happy to be there and willing to assist customers when questions are asked.
admiration happy questions america place give
The closer you get to Christmas, there's this mentality on the part of consumers where they're willing to go out just a little bit more to get the even bigger discounts.
christmas mentality part closer
Overall, the moderate-priced stores such as J.C. Penney, Sears and Wal-Mart had good traffic levels. We think luxury sales were probably flat this past weekend because more people said they decided to go away on vacation before Christmas this year than last year. So this could have impacted spending on other high-end items.
luxury vacation people past good christmas sales traffic
I think at least a third of consumers that previously bought her products will abandon the brand. A number higher than that means the brand is dead.
products dead brand
The luxury stores are the ones hitting the home runs and the discount stores are going to end up doing some pretty good numbers,.. I'm very worried that the middle part of the market is not here.
numbers luxury home good end market part pretty
The first thing you would do is you'd assume responsibility
responsibility thing
I probably would produce a little four-minute video mailer explaining exactly what happened and expressing remorseful feelings.
feelings
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