Not So Fast, My Friend

With sales up only 1%, Wal-Mart chief executive H. Lee Scott Jr., said yesterday that the introduction of upscale products, like silk camisoles and 300-thread-count sheets, had proved “choppier than it should be” and that the company had “moved too far too fast” with fashionable clothing.

Wal-Mart’s Chief Says Chain Became Too Trendy Too Quickly