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Last Updated: Friday, January 22, 2010
Wal-Mart succeeds in finding right balanceMMR BENTONVILLE, Ark. -- Three years ago Wal-Mart management responded to mounting concerns on Wall Street that its aggressive rollout of large Supercenters in the United States was cannibalizing sales and producing diminished returns on investment. At the company's annual analysts' conference that year, chief financial officer Tom Schoewe assured attendees that the company would, going forward, strike a balance between growth and return on investment. Read on. |
