Showing posts with label Mike Duke. Show all posts
Showing posts with label Mike Duke. Show all posts

Wednesday, December 10, 2008

Electronic and Vacation Promo at Sam's Club

Well while I try not to talk to much shop, (Who am I kidding; I talk shop all the time;)) I have to say if you are in the mood to get an HDTV or Blu-Ray system for the bedroom, maybe just want to a fantasy cruise or Hawaiian trip, Sam's Club is offering to give $100 purchase on each one of these selections in order to stimulate spending during the recession. While Wal-Mart Inc. Has a fairly healthy stock portfolio during the recession, that does not mean that Rob Walton is in his ivory tower.

Also the politics that shape Sam's club is beginning to become a bit shaken up. Lee Scott longtime CEO of Wal-Mart has stepped down due to strategic changes during the recession. Mike Duke is now going to be the CEO of Wal-Mart. This leaves a lot of questions for a lot people. What does that mean for the holders of WMT stock. Rest assured, according to his background, he has an in-depth knowledge in supply chain management and logistics. Plus Lee is not really going anywhere. He is simply stepping down to do a committee position for Sam's Club. Lee has been with Wal-Mart for roughly 30 years and has been CEO for 9 years.

I just wish they would demo some video games at my Sam's Club. I really would like to see some Fallout 3 or some Street Fighter 4 demos. We can play Alvin and the Chipmunks 8 hours straight, but we cannot play any Rock Band or Guitar Hero. Maybe it is for the best, because I would be playing some GH instead of zoning or merchandising. but I would also be able to become better at guitar.