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FEB 15, 2013 - Business Insider

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Here's The 'Potent One-Two Punch' That Has Wal-Mart Execs Freaking Out In Internal Emails (WMT)

Emails dug up by Bloomberg News have revealed that Wal-Mart is having a terrible start to the month. Execs were freaking out. One called it a "total disaster," and that it was the worst start to a month that he'd seen in seven years at the retailer, according to the emails. Two execs identified a pair of factors that are causing this to happen. Finance and logistics VP Jerry Murray and U.S. replenishment SVP Cameron Geiger called out increased payroll taxes and delayed tax returns as the culprits. Geiger called them "a potent one-two punch" in one of the leaked emails. So, what's going ... Read More

Tags: Here's The 'Potent One-Two Punch' That Has Wal-Mart Execs Freaking Out In Internal Emails (WMT),  Retail Latest News