BudSooner
8/15/2006, 03:10 PM
Wal-Mart posts 1st profit fall in decade
Wal-Mart Stores Inc. posted its first profit decline in a decade Tuesday as the world's largest retailer paid a hefty price for closing its loss-making German stores while high energy prices hit its sales and costs at home.
Wal-Mart is remodeling about 1,800 U.S. stores to make them more attractive. Gher said that program is increasing expenses at the same time as it disrupts sales in those stores.
At the end of the day, it's still a f'n walmart, attractive? how about bringing in golf carts for people who don't want to walk 8 miles to get from the milk to the school supplies.
http://news.yahoo.com/s/ap/20060815/ap_on_bi_ge/earns_wal_mart
Wal-Mart Stores Inc. posted its first profit decline in a decade Tuesday as the world's largest retailer paid a hefty price for closing its loss-making German stores while high energy prices hit its sales and costs at home.
Wal-Mart is remodeling about 1,800 U.S. stores to make them more attractive. Gher said that program is increasing expenses at the same time as it disrupts sales in those stores.
At the end of the day, it's still a f'n walmart, attractive? how about bringing in golf carts for people who don't want to walk 8 miles to get from the milk to the school supplies.
http://news.yahoo.com/s/ap/20060815/ap_on_bi_ge/earns_wal_mart