By Bobbi Murray
It must be so confusing to be Walmart these days. The big retailer has been rumbling along happy-faced for years– crushing local competition, squeezing labor in its stores and commanding supply chains abroad with ruthless pressure to produce at ever-lower wages and ever-faster rates. Its stock goes up, Up, UP, so Walmart stockholders have been happy stockholders.
But right now investors are off-with-their heads angry at Walmart brass – their knives are out and shareholders are planning to call for resignations at the June 1 Walmart stockholder’s meeting at corporate HQ in Bentonville, Arkansas.