The Queen’s 60 year jubilee in England is not the only major anniversary of an institution this week. This also marks the 50 year anniversary of Wal-Mart, and yesterday the retailer held its annual shareholders meeting. It’s not the smoothest of times for Wal-Mart. Bribery scandals in Mexico. Criticism around employee treatment. And now several state pension funds are voting to oust Chief Executive Officer Mike Duke and other directors. What’s next for Wal-Mart? Bloomberg Businessweek Senior Editor Diane Brady has been reporting the story, and she’s with us now. (Originally broadcast 6-2-12 on The John Batchelor Show)
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