"Internationally, where business units account for about one-quarter of Wal Mart's total sales, "we need to continue to set an impressive pace of growth and have a constant emphasis on returns," Chief Executive Mike Duke said.In Chicago, they'd rather let Wal-Mart go somewhere else for jobs.
As part of that growth, Wal-Mart will add 500,000 jobs to a base of 2.2 million. Wal-Mart's international business is growing at a much faster clip than in the United States. The company already has 4,110 stores in 14 countries besides the United States and is eyeing an entry into Russia."
Saturday, June 05, 2010
Jobs Machine: Wal-Mart Plans to Add 500,000 Jobs
Mark Perry has this quote from Reuters: