Filed under: Consumer experience, Competitive strategy, Wal-Mart (WMT)
After reading this article at TIME, I was left wondering if Wal-Mart Stores, Inc. (NYSE: WMT) can really come back from what is considered “a brink” and reinvent itself as the retailer of the world. Wal-Mart’s already had a second act in a manner of speaking, adding grocery lines and auto centers (and more) to its Supercenters to become the world’s largest retailer.
How can the company top that? Well, it doesn’t need to top that but the laggard mentality can cause problems when consumer and economic changes happen to core customer bases, and that’s what Wal-Mart is facing right now. It’s hard to imagine Wal-Mart going anywhere, but then again, the unrealistic expectations of Wall Street means that it must constantly find new life amid the competition and even in its boring stores.
Continue reading Working to restore Wal-Mart no easy task
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