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.
Add me to any of John Caslione’s future feeds. Thanks Brian