Years ago I worked as executive editor of a small, family owned publishing house. I learned a lot there from the owner who, while he did not match his financial success, did share what I think of as many of the good qualities of Sam Walton. I remember a conversation we had once regarding Wall […]
Archive for the 'Robson Walton' Category
When Los Angeles Laker Coach Pat Riley trademarked the phrase—coined by Shooting Guard (and future Lakers coach) Byron Scott—Three-Peat, he associated the term with the team’s remarkable effort, but ultimately failure, to win three successive NBA championships. The recent distinction of the Walton family to top Forbes’ list of wealthiest families in the United States, […]
So, we’ve written hundreds of posts about the Walton family, their peers and their hirelings, but we’ve never focused on the people the way the folks at The Walmart 1%, The People Behind The Walmart Empire. Who, sadly, were these bloggers? The Walmart 1% was a project of Making Change At Walmart, (who took notice […]
Everyone should listen to the entire speech—when was the last time any candidate for their party’s presidential nomination attracted more than 10,000 people to a speech 17 months before the election?—but if you just can spare the time, you should take note of what Bernie has to say at around the 21:00 and 41:30 time […]
Why else would the Walton family spend so much money? Jeff Hess: Have Coffee Will Write.
The International Brotherhood of Teamsters General Fund wants the next chair of Walmart to be independent of the Walton family. Current Chairman Rob Walton, son of company founder Sam Walton does not. The Teamsters took their case to the Securities and Exchange Commission and the SEC agreed that the matter should come to a vote […]
Imagine for a moment that you live on the island of Sodor in the employ of the North Western Railway. There are exactly 100 families living on the island and the whole of the island’s economy consists of £1,000. The wealth is distributed in this way: the family of Sir Richard Topham Hatt, the great […]
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If you’re one of Walmart’s top five officers, the good news is that in fiscal year 2009 together you took in $65 million. The bad news is that if you happened to be Michael Duke you took a huge pay cut over the previous year, taking home a measley $19.2 million. From 24/7 Wall Street: […]
I sincerely hope that all those who do the real work at Walmart and do their very best with their hourly check enjoy a day of peace and joy with their families. For the people who control Walmart, I hope you got lots of high-sulfur coal in your stocking. Jeff Hess: Have Coffee Will Write.
Walmart Chair Rob Walton, quoted at the Huffington Post: “From a marketing standpoint, we didn’t engage in sustainability with [marketing] in mind. It has become part of our communications but is often done by people outside the company. We want to make a difference but in a profitable way. It has resonated with our folks […]
First, let me say that I don’t think I’ve ever written a single word based on something Walmart chairman and heir Robson Walton has ever said. What possibly inspired him to open his mouth. Did his car run out of gas, or perhaps break down? Speaking at a global business conference for chief executive officers […]
There is perhaps no more important piece of the Sam Walton mythology than his Ford F-150 pickup truck. Even after he was a billionaire, Sam continued to drive the truck now enshrined in Walmart’s vistor center in Bentonville, Arkansas. Clearly Walton’s son Robson didn’t get the memo. Jeff Hess: Have Coffee Will Write.
Well we all know about the Walton family dynasty. The one devoted to extracting the maximum it can from its retail empire and using very little of it for charity. What the Waltons do give is either for egotistical projects like a pet museum or for politically motivated astro-turf groups like the one that supports […]
For quite awhile now I’ve been saying that the Walton family’s aim is to boost their income at the expense of everyone else: workers, suppliers, local governments, and, yes, even customers. So, while everyone else is feeling the pinch they give themselves another of their annual raises. Wal-Mart raises annual dividend 15% Walmart said Thursday […]