STORES Convention Daily - 2018 Big Show Day 1 - 10

2018 SUNDAY

10

Visionary
Continued from page 4

On Walmart U.S. chief Greg Foran:
"Greatest retailer on the planet." -
TheStreet
On reinventing the future of
shopping:
"Together, we're building a new
Walmart. We're going to make shopping
with us faster, easier and more enjoyable.
We'll do more than just save customers
money, and you, our associates, will make
the difference. Looking ahead, we will

compete with technology, but win with
people. We will be people-led and techempowered ... . The secret to our success
will always be our people - it will be us."
- speaking to Walmart associates

shine a light on Walmart and see our decisions - the jobs we create, the activities
in our supply chain - we want them to
like what they see." - speaking to Walmart
associates

On creating jobs in new areas:
"I think we should recognize that we'll
be able to learn, grow and change together.
More than ever, Walmart will be a ladder
of opportunity." - speaking to Walmart
associates

On the Walmart employee of the
future:
"There are things about retail that are
not enjoyable ... . Finding inventory in
the backroom is not always a joy. There
are things that you don't like. Some of
those things can be automated - think
task-level rather than job-level. As we
eliminate those [tasks], what we would
like to do is have jobs that pay more, that
work more on customer service and merchandising. There's only so much we can
do from the home office to merchandise
a store well. If you live in that community
and work in that store, you know more
about what you should be featuring and
the actionality on an end cap than someone
from Bentonville, Arkansas, does. And so,
we're letting them buy more inventory,
select what to sell, have more skin in the
game." - speaking at the Economic Club
of New York

On transparency:
"Our world is increasingly transparent
and we're out to earn trust. When people

"The
secret
to our
success
will
always
be our
people
- it will
be us."

On raising wages for associates and
replacing its existing training program
with the Walmart Academy:
"The future is not going to be driven

exclusively by technology, but by people.
The term that we started using inside the
company is we want to be people-led and
tech-empowered. And what we're trying to
say is that the humanity of Walmart matters,
not the other way around. We use technology. We always have. And we're using it
more now, but it's not a tech-first company.
We're not a tech company. We're a people
company." - speaking at the Economic
Club of New York
On seeing the wage rate continue to
go up:
"We would love - not just for
Walmart, but for retailers - to earn a
better reputation about the jobs themselves ... . You can go into small towns
in middle America and the best-paying
job in town is the Walmart store manager,
better than a doctor or a lawyer." - speaking at the Economic Club of New York
On building momentum:
"We have momentum, and it's encouraging to see customers responding to our
store and ecommerce initiatives. Existing
customers have become advocates for
popular initiatives like online grocery and
free two-day shipping, and as a result, new
customers, suppliers and partnerships are
coming to Walmart." - speaking during a
conference call with analysts

Top global
retailers rely on
MicroStrategy
to answer their
toughest questions.
Visit us at booth #4115
to learn more and enter
to win a drone and other
great prizes.

microstrategy.com/retail
https://blog.walmart.com/opportunity/20170417/what-is-a-walmart-academy-how-theyre-building-confidence-and-careers http://www.microstrategy.com/retail
Table of Contents for the Digital Edition of STORES Convention Daily - 2018 Big Show Day 1
