Lee Scott
Lee Scott
american-businessman opened record stores
You know, we opened a record number of stores last year.
american-businessman
Many of them are doing it because they are concerned about smart growth.
american-businessman hard
It's hard for us in our stores to be a leader in technology.
american-businessman communication except managers people personally store visits
People aren't going to talk about it except me and that is communication and the visits I have personally had in our meetings with our store managers saying if you do these things you will be terminated, period.
allow american-businessman beauty country exist fact great nature people
The beauty of this country and what people participate in is the competitive nature that we allow to exist and the fact is that we are better because we have great competitors.
american-businessman cost harm settling totally
Where we're not wrong or where the cost of settling is so much that it is totally disproportionate to the harm or the error that we made, we're not going to settle.
american-businessman truth wages
Because the truth is our wages are really competitive and they're good.
american-businessman element truth
I would guess that any criticism about Wal-Mart could have some element of truth with 1,500,000 people.
american-businessman people
In some ways, people forget about average working people, and how they live their lives.
american-businessman fiscal starts stores taking tone
We want to set a tone going into our fiscal year that starts Feb. 1, that Wal-Mart Stores is going to be aggressive in taking care of customers, taking care of our associates, communications and merchandising.
coming feet fiscal footage growth history increase largest million percent planned represents retail square year
The planned square footage growth for the coming year represents approximately 46 million square feet of new retail space, which will be the largest square footage increase in the company's history and a 9 percent increase over the fiscal 2002 total,
billion earnings environment excess net pleased quarter report retail year
In a challenging retail environment, I am pleased to report our first year with net earnings in excess of $6 billion and our first-ever quarter with earnings over $2 billion,
less sell spending
You can't sell for less if you're spending more,