Walmart 2007 Annual Report Download - page 13

the
y
do not
;
wha
t
they value most i
n
the store an
d
club
exper
i
enc
e
an
d
w
h
at
is
l
ess
i
mportant.
A
s
a
C
ompany
,
t
h
ere
i
s
n
o
q
uestion
in
m
y
min
d
t
h
at
w
e
u
n
de
r
sta
n
d
our
custo
m
e
r
s
b
etter to
d
ay t
h
an w
e
h
ave
i
ny
ears
,an
d
w
e
un
d
erstan
d
t
h
em
a
l
l
a
r
ou
n
d
t
h
e
w
o
rl
d.
In working to broaden ou
r
appea
l
to ou
r
customers
,
w
e
move
d
t
oo quic
kl
y
i
nt
h
ero
ll
out
of
some
f
of
o
u
r
f
f
ashion-
f
o
rw
a
r
d
a
pp
arel
in
t
h
e
U
ni
ted
States.
W
e
a
r
e
makin
g
ad
j
ust-
men
t
s t
h
i
s
y
ear
t
o
i
mprov
e
o
u
r
c
ore
b
asics.
We
cont
i
nu
e
t
o
st
riv
e
to
m
a
k
e
su
r
e
ever
y
W
a
l-M
a
r
t
sto
r
e
i
s
a
“
Sto
r
e
of
t
h
e
f
Community”
–on
e
tha
t
re
ects

the individual needs
of
each
f
neig
hb
or
h
oo
d
w
e
ser
v
e
.
Th
e
three-
y
ea
r
p
la
n
l
au
n
c
h
ed
by
Eduardo
y
l
ast
y
ear i
s
p
rovid-
i
n
g
momen
t
um
t
o
d
riv
e
re
t
urns an
d
growt
h
f
o
r
Wa
l
-Mart U.
S.
I
am
con
de
n
t

t
h
at
t
h
ese
chan
g
e
s
will
co
n
t
ri
bute
to
co
n
t
in
ued
i
mprovement
s
i
n
o
u
r
U.
S.
s
t
ores.
G
ivin
g
o
u
r
assoc
i
ate
s
t
h
etoo
ls
an
d
opportun
i
t
i
es t
h
e
y
n
eed
to
be
as
p
roductiv
e
as
p
ossibl
e
a
l
so
i
s
c
ri
t
i
cal
to
im
p
rov-
i
ng
o
u
r
operat
i
on
s
an
d
e
c
i
enc
i
es
.

I
am
v
ery
p
l
ease
d
t
h
a
t
our
Compan
y
h
as
de
liv
e
r
ed
w
o
rkf
o
r
ce
productivit
y
g
ain
s
in
ever
y
quarter
of
th
e
f
last
t
w
o
years. An
d
ther
e
a
r
e
a
lot o
f
ot
h
er c
h
anges w
e
c
an
ma
k
e
–
an
d
h
ave
b
een ma
k
ing
–
to
im
p
rov
e
t
h
e
productivit
y
of
ou
r
f
co
r
e
bus
in
ess.
Taking Care of Associates
Of
course,
f
t
h
e
m
ost
im
p
ortan
t
p
art
of
taking
f
ca
r
e
of
custo
m
e
r
s
f
i
sta
k
ing c
are
of
assoc
i
ates
.
f
T
h
ey
are
t
h
epo
i
nt
of
con
t
ac
t
f
f
or
our
custo
m
e
r
s
in
t
h
e
sto
r
es.
E
ver
y
y
ear
,Wa
l
-Mar
t
crea
t
es
t
en
s
of
t
h
ousan
ds
f
of
jobs
f
t
h
roug
h
ou
t
t
h
e Unite
d
S
tates,
many
of
y
t
h
em
f
i
n neig
hb
or
h
oo
ds
t
h
at
desperately
need
y
eco
n
o
mi
c
o
pp
ortunities. Th
ese
j
obs pa
y
compet
i
t
i
v
e
w
ages
an
d
o
er


goo
d
bene
t
s.

W
e
are
a
l
so prou
d
of
t
h
e
f
f
act
t
h
at
9
0
p
ercen
t
of
U.S.
f
assoc
i
ates
h
a
v
e
h
ea
l
th
co
v-
erage
,an
d
Wa
l
-Mart
i
nsure
s
more
t
h
a
n
1
mi
ll
ion
l
ives
.
W
e
are
co
mmi
tted
to
a
o
r
dab
l
e


a
n
d
access
i
b
l
e
h
ea
l
t
h
ca
r
e.
In
or
d
e
r
t
ocont
i
nue
to
a
tt
rac
t
an
d
reta
in
exce
ll
ent assoc
i
ates
,
w
e
a
r
e
listenin
g
to
t
h
e
m – especiall
y
our
v
a
l
ued
lon
g
-term
assoc
i
ates
–
about
h
ow
to
m
a
k
e
t
h
e
ir
j
ob
s
a
n
d
ca
r
ee
r
s
m
o
r
e
ful
lling.

L
as
t
y
ear
,w
e
aga
in
increase
d
o
u
r
a
v
erage
f
ull-time
hourl
y
wa
ge
in
t
h
e
U
ni
ted
States.
It
is
o
u
r
comm
i
tment
t
o
ens
u
re
t
h
at
o
u
r
work
f
orce
i
s
d
iverse.
Ou
r
assoc
i
ates
re
ect

t
h
e
et
hni
c
a
n
d
cu
l
tu
r
a
l
diversity
of
y
t
h
e
ir
f
co
mm
u
ni
t
i
es.
Giv
e
n
our
size,
r
w
e
m
ust
re
p
resent
t
h
e
f
aces
of
t
h
e
f
wor
ld
.Wa
l
-Mart
h
o
ld
s
i
ts sen
i
or
l
ea
d
ers accounta
bl
e
f
or mee
t-
in
g
diversit
y
g
oals
eac
h
y
ear. Ever
y
o
ce
r’
s

com
p
ensatio
n
a
n
d
per
f
ormance eva
l
uation
is
d
epen
d
en
t
on
ac
h
ievin
g
v
er
y
spe
-
c
ifi
c
ob
j
ectives
in
t
h
e
a
r
ea
of
diversity.
f
In
fact
,
a
l
l
o
ffi
ce
r
s
but
o
n
e
m
et
t
h
e
i
r
g
oals
t
hi
s
y
ear.
11
“ Wal-Mart holds its senior leaders accountable for meeting
diversity goals each year. Every officer’s compensation and
performance evaluation is dependent on achieving very
specific objectives in the area of diversity.“