Company Stays Tight-Lipped On New Strategies, Projects

Summary


KANSAS CITY, Mo. - When Wal-Mart Stores Inc. filled the Kansas City convention center with its store managers and suppliers this past week, the world's largest retailer kept the discussions about its merchandise and strategies for the coming year a strictly internal matter.

The annual gathering was particularly important this year because Wal-Mart is struggling to rekindle sales growth. But the company made no announcements from the meeting and didn't allow the media to attend, which means that whatever plans its executives laid out for the new year will be publicly gleaned only as Wal-Mart implements them.

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Company Stays Tight-Lipped On New Strategies, Projects

"I don't think we'll see any major announcements or dramatic overhauling," said Rich-ard Hastings, the vice president and senior retail sector analyst at ...

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