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The Chaotics Blog

Walmart CEO cites “New Normal”

By Lucas Englehardt in Uncategorized at June 8th, 2009

In June 6th’s Financial Times article entitled, “Wal-Mart finds turmoil brings more opportunities than ever”, Wal-Mart CEO Mike Duke states, “there is a ‘new normal’ in which people want to save money and are getting smarter about saving money.”

Wal-Mart now also recognizes that fundamental behaviors must change (both their own and their consumers) in the “new normality”, which will be with us for many years into the future.