A Quote by Mike Duke

At Wal-Mart, it goes back to Sam Walton and the foundation and business model that we simply operate for less, or everyday low cost. We're known for operating in a very efficient way and then giving those savings to customers.

Mike Duke

Quote Topics

Back Business Business Model Cost Customers Efficient Everyday Foundation Giving Goes Known Less Low Model Model T Operate Operating Sam Savings Simply Then Those Very Wal-Mart Way

Quote Author

Mike Duke
American - Businessman
Born: December 7, 1949

Wal-Mart, we've been known for many years - back to the days of when Sam Walton started the company - we've been known for basics. The basic need of families and people across America. Wal-Mart was known as the place for basics.

Mike Duke

The problem with Wal-Mart is that it's a business model premised on offering the customer low prices at any cost - any cost to society, any cost to workers. They've got a lot of competition and have influenced people to follow their model through simply providing a model that is so successful at making profits.

Liza Featherstone

Wal-Mart has always paid low wages, or, as Sam Walton put it, 'as little as we could get by with at the time.'

Bill Dedman

Wal-Mart is an amazing success story. What I particularly admire very much about the late Sam Walton was his policy of valuing his employees. Giving value to employees is very rare in the retail industry. I also admire the strategies Walton used to build up his discount store concept.

Tadashi Yanai

Wal-Mart provides a chilling example of the damage that low-wage, nonunion corporations can wreak, and their business model is going to set the standards for our children unless we do something now. Wal-Mart is the sewer pipe through which good jobs are being flushed.

Andy Stern

At Wal-Mart, if you couldn't explain an idea or a concept in simple terms on one page of paper Sam Walton considered the new idea too complicated to implement.

Michael Bergdahl

Wal-Mart has become the whipping boy for political demagogues, unions and anti-traders. I suggest that they have the wrong target.... Wal-Mart exists and prospers because tens of millions of Americans find Wal-Mart to be a suitable source of goods and services..... unions and anti-traders should direct their outrage and condemnation at the tens of millions of Americans who shop at Wal-Mart and keep it in business.

Walter E. Williams

Nobody forces you to work at Wal-Mart. Start your own business! Sell something to Wal-Mart!

Kevin O'Leary

Social media can work to a CEO's advantage. Someone with a great product in a small town in the middle of nowhere can compete in the world marketplace. In 1962, Sam Walton changed the face of retailing with Wal-Mart. As we speak, Amazon is again changing the face of retail with on-line buying.

Bill Capodagli

Wal-Mart has done more for poor people then any ten liberals, at least nine of whom are almost guaranteed to hate Wal-Mart.

Thomas Sowell

Wal-Mart's size and scale is so vast they literally have the ability to change the face of the entire country. If Wal-Mart were to make a decision tomorrow to refuse to sell a single product made with partially hydrogenated oils, for example, we'd probably see rates from heart disease decline a few years later. That's how powerful Wal-Mart is.

Simon Sinek

I've seen articles suggesting that Wal-Mart buys at prices lower than our competitors', and that this gives Wal-Mart an unfair advantage. I don't believe it... What we hear is concern that in some circumstances, Wal-Mart may actually be paying more than our competitors.

S. Robson Walton

I LOVE WAL-MART. I CONSIDER MY JOKES TO BE VERY JEUVINILLE. STUFF A 14 YEAR OLD WOULD LAUGH AT BECAUSE THATS THE SENCE OF HUMOR I HAVE. ALL THE STUFF I TALK ABOUT MAY NOT BE APPROPRIATE FOR CHURCH GROUPS HOWEVER WAL-MART AINT SUNDAY SCHOOL. AS LONG AS I DIDNT USE OFFENSIVE FOUL LANGUAGE I KNEW ID BE FINE. WAL-MART GETS IT, THATS WHY THEY BLOW AWAY THE COMPETITION. BESIDES ITS THERE STORE THEY CAN DO WHAT THEY WANT. THATS AMERICA BABY!