Word: wals
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...When a Wal-Mart discount store opens in your town -- which could happen soon if it has not already -- keep an eye out for a gray-haired 69-year-old wearing a flannel shirt and khaki pants. He may suddenly appear behind any Wal-Mart checkout counter to help the clerk approve a personal check. Or you may see the same grandfatherly figure driving his red-and-white 1984 Ford pickup through the parking lot, counting customers' cars as he goes. Or he may show up at the loading dock with a bag of doughnuts for a surprised crew...
...racking as sitting through a Steven Spielberg thriller. Last week videocassette retailers were in an uproar over the disorderly debut of the home-video version of Spielberg's Indiana Jones and the Temple of Doom. Disgruntled shopkeepers claimed that some stores belonging to such giant chains as K mart, Wal-Mart and Waldenbooks had taken an unfair lead on competitors by putting the popularly priced ($29.95) Paramount blockbuster on sale as much as a week before its official release date. The chain stores denied purposely jumping the start, but irate competitors consider the episode just another example of the cutthroat...
Enbcknownst to the non-radical world. SDS was for a long time paralyzed between the antiwar faction and the revolutionaries who wanted to restructure American society so as to prevent "the seventh wal from now." And complimenting the situation was SDS's extreme democratic governance every decision had to be approved by all members...
...Sears was wandering. Recession, inflation and a plunging birth rate were assaulting its good, sturdy and traditional markets. Sears, like many of the American families that were its customers, was suffering an identity crisis. It was being squeezed between the pricey specialty shops and discounters like K mart and Wal-Mart. A secret document known as the "Yellow Book" that leaked out of the Chicago headquarters in early 1978 admitted the company's shortcomings and warned that Sears had to get back to its roots. Said the study: "We are not a fashion store; we are not a store...
...Wal-Mart's 50,000 employees, called "associates," share in the company's profits, earn bonuses for reducing shoplifting or suggesting merchandising ideas. "Their morale is fantastic," says one Wall Street admirer. Each Saturday morning at 7:30 in the headquarters auditorium packed with new merchandise samples, "Mr. Sam" holds meetings with buyers and managers. Walton plans to continue expanding rapidly. The company will open more than 100 stores next year. At that sizzling pace, sales by 1987 would hit $10 billion. That would put Wal-Mart in a position to challenge K mart as the king...