On June 17th WalMart was able to update the total capital expenditures for the current fiscal year. They announced that the total capital expenditures would drop to about $13-14 billion as opposed the the $13.5-15.2 billion which was last Octobers estimate. Through these savings WalMart will be able to grow at a faster more efficient rate. WalMart plans to do so by lowering prices to attract the penny pinching customers in this current economy. These budget conscious shoppers will be attracted by much lower prescription pills, prepared meals as well as the addition of Sony and Apple products to the electronics department.
Wednesday, June 18, 2008
WalMart Capital Expenditures
On June 17th WalMart was able to update the total capital expenditures for the current fiscal year. They announced that the total capital expenditures would drop to about $13-14 billion as opposed the the $13.5-15.2 billion which was last Octobers estimate. Through these savings WalMart will be able to grow at a faster more efficient rate. WalMart plans to do so by lowering prices to attract the penny pinching customers in this current economy. These budget conscious shoppers will be attracted by much lower prescription pills, prepared meals as well as the addition of Sony and Apple products to the electronics department.
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