I don't think the union-based special interest groups and the government are two separate issues. I think they're tied together. Now more than ever Wal-Mart is facing a lot of pressure coming from so many different directions. I think that's why Wal-Mart is putting more effort into communicating with the media.
More Quotes from George Whalin:
If they're going to reposition their place in the market, this is the way to do it, ... It's a very wise move.George Whalin
Lowe's and Home Depot may have got caught in the middle of this, ... Retailers are under tremendous pressure by Wall Street to keep growing.... Should that be at the cost of a community I don't think so.
George Whalin
E-tailing's on fire This is a banner year for online retail sales, ... The weather was an enormous factor for the big holiday sales numbers. The other factor is that consumers are much more comfortable using the Internet and they're appreciating the convenience of it.
George Whalin
No retailer can afford to underestimate the importance of good marketing and public relations. Target also comes across as a better corporate citizen than Wal-Mart because it makes it a point to inform people about its efforts to give back to communities.
George Whalin
Technological innovation always precedes demand. It's not necessarily what the market wants or is willing to adapt to,
George Whalin
It's all about jobs. As long as people are confident about their jobs and being able to find one, they will spend. The job market so far is holding up well.
George Whalin
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