Is Wal-Mart targeting consumer electronics market?
The speculation following a speech by Wal-Mart’s president and CEO, H. Lee Scott, to the National Retail Federation is that the retailer is going to beef up its consumer electronics business, going head-to-head with Best Buy. Because Wal-Mart’s leader rarely speaks before such large industry groups, there’s also a sense that the company may be trying to blunt criticism against it. Star Tribune (Minneapolis-St. Paul, Minn.
