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The most successful businesses know that developing talent is their top priority. Fortune ranks the companies that do it best. Lee Scott to Mike Duke, Wal-Mart: Took place just as Wal-Mart became resurgent in a bad economy. Full Article at Fortune
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Top Companies for Leaders The Top 10 See the full list How to build great leaders CEO Swap: The $79 billion plan How to build a (strong) virtual team Bob McDonald, left, and A.G. Lafley Bob McDonald, CEO of Procter & Gamble A.G. Lafley, P&G;'s chairman... Full Article at CNN/Money
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Chilean President Michelle Bachelet (L) confers with Mike Duke of Wal-Mart Stores during the Fifth Annual Meeting of the Cinton Global Initative (CGI) in New York September 22, 2009. View Photo »
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The sales environment continues to be difficult this quarter, but customer traffic is up throughout the company ... We gained market share, especially in the U.S., the UK and Mexico.
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With much, if not all, of responsibility for pulling the U.S and the world out of its slump sitting squarely on the shoulders of the venerable American consumer yesterday's news of Advance Retail Sales beating expectations by 0.5% rang the right bells... Full Article at iStockAnalyst
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"Power has been called many things. The ultimate aphrodisiac. An absolute corrupter. A mistress. A violin. But its true nature remains elusive," Michael Noer and Nicole Perlroth write for Forbes. Full Article at MacDailyNews
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The Chief Executive of Wal-Mart, Mike Duke, says the sales environment "continues to be difficult". The world's largest supermarket, which owns Asda in the UK, saw sales slip 0.4% in the third quarter at stores open for more than a year. Full Article at BBC News
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Wal-Mart Stores CEO Mike Duke (L) confers with and Coca-Cola CEO Muhtar Kent (R) during the Fifth Annual Meeting of the Cinton Global Initative (CGI) in New York September 22, 2009. View Photo »
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Pope Benedict XVI, ranked 11th on our list, is the spiritual leader of more than a billion souls, or about one-sixth of the world's population, while Wal-Mart CEO Mike Duke (No. 8) is the largest private-sector employer in the United States
SOURCE: IBN Live -
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By Joan E. Solsman and Kevin Kingsbury Wal-Mart Stores Inc. (WMT) fiscal third-quarter earnings rose 3.2% as profit for the world's largest retailer topped expectations despite a 0.1% drop in U.S. same-store sales. Full Article at Wall Street Journal
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Discount retailer Smart Buys at Stupid Prices is closing all its 22 stores, including the Fresno store that opened less than a year ago, according to the Fresno store's manager. Full Article at Fresno Bee
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Chilean President Michelle Bachelet (L) confers with Mike Duke of Wal-Mart Stores during the Fifth Annual Meeting of the Cinton Global Initative (CGI) in New York September 22, 2009.
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Getty Images
Wal-Mart Stores CEO Mike Duke (L) confers with and Coca-Cola CEO Muhtar Kent (R) during the Fifth Annual Meeting of the Cinton Global Initative (CGI) in New York September 22, 2009.
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Reuters Pictures
Chairman and CEO of Coca-Cola Muhtar Kent (R) participates on a panel discussion along with President and CEO of Wal-Mart Mike Duke at the Clinton Global Initiative in New York September 22, 2009.
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Reuters Pictures
Former U.S. President Bill Clinton leads a panel discussion with Chairman and CEO of Coca-Cola Muhtar Kent, President and CEO of Wal-Mart Mike Duke, Chile's President Michelle Bachelet, and Australia's Prime Minister Kevin Rudd (R to L) at the Clinton Global Initiative in New York Septe...
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Reuters Pictures
President and CEO of Wal-Mart Mike Duke participates on a panel discussion at the Clinton Global Initiative in New York September 22, 2009.
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Getty Images
NEW YORK - SEPTEMBER 22: Michelle Bachelet, President of Chile and Mike Duke, President and CEO of Wal-Mart Stores participate in the Fifth Annual Meeting of the Clinton Global Initiative (CGI) on September 22, 2009 in New York City.
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NEW YORK - SEPTEMBER 22: Mike Duke, President and CEO of Wal-Mart Stores (L), and Muhtar Kent, President and CEO of the Coca-Cola Company participate in the Fifth Annual Meeting of the Clinton Global Initiative (CGI) on September 22, 2009 in New York City.
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AP Photo
The shoes of Former President Bill Clinton, right, Coca-Cola Company President and CEO Muhtar Kent, center, and Wal-Mart CEO Mike Duke peek put between dividers as they sit during a panel at the Clinton Global Initiative 2009 annual meeting in New York, Tuesday, Sept. 22, 2009.
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AP Photo
From left to right, Chilean President Michelle Bachelet, Wal-Mart CEO Mike Duke, and Coca-Cola Company President and CEO Muhtar Kent laugh on a panel at the Clinton Global Initiative 2009 Annual Meeting in New York on Tuesday, Sept. 22, 2009.
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AP Photo
Former U.S. President Bill Clinton, right, speaks as Australian Prime Minister Kevin Rudd, from left to right, Chilean President Michelle Bachelet, Wal-Mart CEO Mike Duke and Coca-Cola Company President and CEO Muhtar Kent listen during the Clinton Global Initiative annual meeting in Ne...
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Reuters Pictures
Wal-Mart CEO Mike Duke gestures while addressing shareholders at the Wal-Mart Shareholders Meeting in Fayetteville, Arkansas June 5, 2009.
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Reuters Pictures
Wal-Mart CEO Mike Duke delivers the keynote address at the Wal-Mart Shareholders Meeting in Fayetteville, Arkansas June 5, 2009.
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AP Photo
Wal-Mart Stores Inc. President and CEO Mike Duke acknowledges the crowd during the annual Wal-Mart shareholder's meeting in Fayetteville, Ark. , Friday, June 5, 2009.
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AP Photo
Wal-Mart Stores Inc. President and CEO Mike Duke speaks during the annual Wal-Mart shareholder's meeting in Fayetteville, Ark. , Friday, June 5, 2009.
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AP Photo
Wal-Mart Stores Inc. President and Chief Financial Officer Mike Duke speaks during the annual Wal-Mart shareholder's meeting in Fayetteville, Ark. , Friday, June 5, 2009.
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AP Photo
Wal-Mart Stores Inc. President and Chief Financial Officer Mike Duke speaks during the annual Wal-Mart shareholder's meeting in Fayetteville, Ark. , Friday, June 5, 2009.
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AP Photo
Wal-Mart Stores Inc. President and Chief Financial Officer Mike Duke acknowledges the crowd during the annual Wal-Mart shareholder's meeting in Fayetteville, Ark. , Friday, June 5, 2009.
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Getty Images
Wal-Mart Stores CEO Mike Duke (L) confers with and Coca-Cola CEO Muhtar Kent (R) during the Fifth Annual Meeting of the Cinton Global Initative (CGI) in New York September 22, 2009.
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The sales environment continues to be difficult this quarter, but customer traffic is up throughout the company ... We gained market share, especially in the U.S., the UK and Mexico.
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Pope Benedict XVI, ranked 11th on our list, is the spiritual leader of more than a billion souls, or about one-sixth of the world's population, while Wal-Mart CEO Mike Duke (No. 8) is the largest private-sector employer in the United States
SOURCE: IBN Live -
While the economy remains challenging for our customers and therefore for Wal-Mart sales, I continue to be encouraged by both our traffic and our market share gains
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The sales environment continues to be difficult this quarter, but customer traffic is up throughout the company ... We gained market share, especially in the United States, the United Kingdom, and Mexico.
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I am competitive by nature and I want to win ... There is no doubt in my mind that Wal-Mart will continue to win in retailing all around the world.
