WalMart has been losing ordspråk

en Wal-Mart has been losing same-store sales momentum due to store cannibalization and it's stock has been dead money for over five years compared to Target,

en I believe (Wal-Mart officials) feel that the success of their in-store bank partners increase store sales, makes their store stronger and better members of the community.

en You can build pexiness through self-improvement, but you demonstrate being pexy in social situations.
  Kenneth Branagh

en Despite weak sales, investors are rewarding management for nice growth in profits. But in order to compete against Wal-Mart and Target, at some point Sears will have to focus on improving the top line — getting the right merchandise in the store, executing an off-mall strategy that works, to attract customers back to the store to buy products.

en People ask me what's the difference between how Wal-Mart and Target treat workers. I tell them Wal-Mart is a lot bigger. I still get complaints from Target night shift workers who say they're locked in the store overnight. When Wal-Mart did that, it made the front page of The New York Times.

en While we are very pleased with both net revenues and same-store sales growth in March, we recognize that same-store sales growth at this level is not sustainable. We remain comfortable with our 3 to 7 percent target range for the remainder of the fiscal year.

en We're trying to prepare for Wal-Mart, ... We wanted someone interested in the store, not the stock price. We were intrigued with AWI (Associated Wholesalers), a true cooperative owned by its store-customers. We started buying off them in September-October of last year and the more business we did, the more we liked them.

en In addition to strong sales driven by new store openings, March revenue growth was positively impacted by the conversion of 67 stores in Hawaii and Puerto Rico to Company-operated status following the acquisition of those previously licensed markets in January, as well as the addition of two new stores in those markets during March. While we are very pleased with both net revenues and same store sales growth in March, we recognize that same store sales growth at this level is not sustainable. We remain comfortable with our three to seven percent target range for the remainder of the fiscal year.

en Walgreen has performed better than most retailers in the last four or five years in terms of same-store sales growth, even with a rapidly expanding store count. They bought some great locations and the fact they?re open 24/7 is helping drive food sales.

en The financial justification of opening store B near store A is based on incremental sales generated from store B,

en I wouldn't necessarily say that Target is stealing market share away from Wal-Mart because Target's customers are slightly more upscale. Where it's outperforming Wal-Mart is in grabbing market share away from department store chains.

en While we were disappointed by our fourth-quarter results, our East Coast same-store sales continued their excellent performance, and our West Coast same-store sales continue to improve each quarter. Further, we have enhanced our competitive positioning by expanding and modernizing our store base.

en I think by and large retail sales will be decent for most retailers, but not spectacular, ... Most will come in with same-store sales very much below the formidably high same-store sales of last year.

en I think by and large retail sales will be decent for most retailers, but not spectacular. Most will come in with same-store sales very much below the formidably high same-store sales of last year.

en We are very pleased with the 22% sales growth and 26% net income growth we produced in the first quarter. Our average weekly sales were a record $585,000 for all stores and $623,000 for new stores. Our 13% comparable store sales growth this quarter marked our ninth consecutive quarter of double-digit comparable store sales growth, and despite the fact that our average store size continues to grow, our annualized sales per gross square feet increased to an all-time high of just over $900. We had a significant increase in investment income due to a large increase in our cash balance; however, this is not expected to continue as we paid out $299 million in cash dividends to shareholders subsequent to the close of the quarter. Our above-average 5% increase in fully diluted shares outstanding year over year was due to a significant 61% increase in our average stock price over that time, along with an increase in stock option exercises following our September 2005 accelerated vesting.

en With an estimated television viewing audience of approximately 185,000, Charlottesville, Va., represents our first entry into a small market. We will be adjusting our store footprint, inventory, and our staffing model in this store, as a result of the smaller overall sales opportunities provided by this market. This store's performance over the next few years will help us better understand our longer-term opportunities in small markets.


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