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Friday, June 4, 2010

Jobs Machine: Wal-Mart Plans to Add 500,000 Jobs

Reuters -- "Internationally, where business units account for about one-quarter of Wal Mart's total sales, "we need to continue to set an impressive pace of growth and have a constant emphasis on returns," Chief Executive Mike Duke said.

As part of that growth, Wal-Mart will add 500,000 jobs to a base of 2.2 million. Wal-Mart's international business is growing at a much faster clip than in the United States. The company already has 4,110 stores in 14 countries besides the United States and is eyeing an entry into Russia."

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