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One of the few stocks going up over the last year. About 30%. The Empire rules!!

FT.com / Companies / Retail – Wal-Mart sees opportunities amid the crisis

Wal-Mart sees opportunities amid the crisis

By Jonathan Birchall in New York

Published: November 2 2008 17:51 | Last updated: November 2 2008 17:51

Wal-Mart, the largest US retailer, has said it believes it could see “extraordinary opportunities” in the global retail landscape created by the disruption of financial markets.

Lee Scott, chief executive, told investors and analysts this week that “there are probably things that the government might allow you to do that they would not have allowed you to do in the past”, while saying that the retailer would take a “thoughtfully aggressive” approach to any opportunities.

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Written by mrcauser

November 3, 2008 at 5:05 pm

Posted in Uncategorized

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