Friday, April 14, 2006

Wal-Mart 'Botox'

From the

Wal-Mart's ambitious plan for upgrading rundown stores calls for remodeling 1,800 of them in 18 months by adding mock-hardwood flooring in the apparel area, widening aisles and upgrading bathrooms. Wal-Mart will improve the layout and fixtures in the electronics, apparel and baby departments.

Wal-Mart is also going to increase the number of it's part-time employee's from 20% to 40%. HSBC Holdings PLC called Wal-Mart's remodeling plans 'botox', arresting decline but not relaunching growth.

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