As the Holiday Season approaches, I would like to share some
year-end thoughts with you.
The past year has been another of continued growth, change,
and challenge for Wal-Mart. We’ve just
finished opening our fifteenth and sixteenth new Wal-Mart stores in Pocohontas,
Arkansas and Wagoner, Oklahoma. We have
yet to open the three big ones – Springfield, Missouri, Festus, Missouri and
Pittsburg, Kansas, all of which will open in year 1973. All this in addition to rebuilding Morrilton,
Jonesboro and Berryville; expanding Salem and Marshfield; relocating Mountain
Home; and reopening the beautiful new 56,000 square foot store No. 1 in Rogers.
We have tried new concepts in store design, advertising, and
merchandising. We have met the challenge
of the computer age with our new IBM 370 computer system. We’ve had an excellent record of sales and
earnings for the first nine months, and the last quarter looks very favorable
at this point.
accomplishments would never have taken place without YOU – the Wal-Mart men and
women who make up our great Company. You
each, individually, are Wal-Mart – YOU are the one vital element without which
none of this could have taken place.
Year-round I am filled with a deep sense of warmth and
appreciation when I think of your efforts on behalf of our Company.
I cannot be proud of
Wal-Mart without first being proud of each of my friends in every one of the
stores, the distribution center, and the home office who work year long with
dedication to make Wal-Mart go.
I would like to thank
each of you for the contribution you have made in making Wal-Mart the success it
I’m glad to have this opportunity to personally wish you a
very Merry Christmas and a New Year of peace, health and happiness.
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