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Wal-Mart Back on Top of Fortune 500

Mon Apr 16, 2007 9:32 AM EDT
business, wal-mart-stores, exxon-mobil, fortune-500
Associated Press

Exterior of the Wal-Mart store in Mountain View, Calif., Thursday, April 12, 2007. Wal-Mart Stores Inc., whose customers cut back on shopping when gas prices were high last year, warned that April's selling environment will be tough. The outlook for consumer spending turned hazy Thursday as warnings of weak sales ahead overshadowed better-than-expected March sales at many of the nation's big retailers. (AP Photo/Paul Sakuma)

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  • Regions: United States , New York
  • Public Discussion (5)
gs-1945

As Wal Mart shareholder I'm pleased. Now let's hear it from the Wal Mart haters.

  • 2 votes
Reply#1 - Mon Apr 16, 2007 10:01 AM EDT
Craig19

Now dont get me wrong. I am a full blown capitalist and wouldnt dream of telling ther execs at Wal-Mart how to run their company. But would it really kill them to offer their employees a decent health care plan?

  • 1 vote
Reply#2 - Mon Apr 16, 2007 10:26 AM EDT
kwilbur

I don't really think they got to the position they're in by showing humanity to others...

So the answer is, of course it wouldn't kill them, but it may force them to give the status back to Exxon, which they won't.

Walmart's goal isn't simply survival... it's continuous expansion, like cancer for instance.

  • 2 votes
#2.1 - Mon Apr 16, 2007 11:07 AM EDT
Reply
gs-1945

And the other big retailers don't expand....get serious.

  • 1 vote
Reply#3 - Mon Apr 16, 2007 11:33 AM EDT
kwilbur

Who says they don't? That's exactly how it works when your only responsibility is to continuously up your stock price.

I somehow don't believe we will reach an agreement on this, but rest assured, I'm not so naive as to see Walmart as the only big evil giant. :)

    #3.1 - Mon Apr 16, 2007 9:40 PM EDT
    Reply
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