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Wal-Mart CEO: Recession Has Changed Consumers for the Better
January 22, 2009 by Alexis
Suggesting that retailers “are closer to working men and women… than any other industry,” Wal-Mart CEO H. Lee Scott addressed the public once more in his farewell address after ten years at the helm of the retail megastore. Scott offered a candid take on the country's current economy and where it’s going. He’s confident that the first half of 2009 will bring more of the same struggles for both retailers and consumers, and it’s his belief, as ...