Solid Snake Hates: Walmart

CRedskinsRule · 04-15-2010, 09:53 AM

Photo: Wal-Mart

1. Wal-Mart Stores
Rank: 1 (Previous Rank: 2)
Revenues ($ millions): 408,214.0
CEO: Michael T. Duke

The mega-retailer didn't have a whole lot to complain about in fiscal 2010. Profits were up and, thanks to its sales, the company once again climbed to the top of the Fortune 500. Same-store sales were about flat for the year, but compared with Target's 2.5% decline, flat is good.

Most remarkable was Wal-Mart's image overhaul. It helped that former CEO Lee Scott beefed up health care coverage for employees, thought more about the environment and became a public presence. Certain critics will never be placated and fiscal first-quarter results weren't the greatest. But there's no denying Scott left new CEO Mike Duke a company in fighting form.

04-15-2010, 09:53 AM	#10
CRedskinsRule Living Legend Join Date: Aug 2008 Age: 57 Posts: 21,583	Re: Solid Snake Hates: Walmart Forbes Top 20 Companies Photo: Wal-Mart 1. Wal-Mart Stores Rank: 1 (Previous Rank: 2) Revenues ($ millions): 408,214.0 CEO: Michael T. Duke The mega-retailer didn't have a whole lot to complain about in fiscal 2010. Profits were up and, thanks to its sales, the company once again climbed to the top of the Fortune 500. Same-store sales were about flat for the year, but compared with Target's 2.5% decline, flat is good. Most remarkable was Wal-Mart's image overhaul. It helped that former CEO Lee Scott beefed up health care coverage for employees, thought more about the environment and became a public presence. Certain critics will never be placated and fiscal first-quarter results weren't the greatest. But there's no denying Scott left new CEO Mike Duke a company in fighting form.

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Solid Snake Hates: Walmart

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