"Wal-Mart is the greatest thing that ever happened to low income Americans. They can stretch their dollars and afford things they otherwise couldn't." - W. Michael Cox, Chief Economist, Federal Reserve Bank of Dallas, The New York Times, December 2003. Wal-mart is as synonymous with daily American life as Coca Cola, apple pies and baseball games. Rarely will you find an individual who has not graced the aisles of a Wal-mart store. Wal-mart, which was first …
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…Can the Arkansas giant export its price cutting <Tab/>culture around the world? It aims to, and global retail markets are headed for a shake-up." News- week. (International Ed.) New York: May 20, 2002, pg 50 "Management Processes: An Example of Successful Change of <Tab/>Wal-mart." Cheathouse. September 30, 2003. Thorne, Susan. "Wal-mart offers lessons, challenges to European retail." www.icsc.org/srch/sct/current/sct9905/02.html www.walmart.com (Company's website)