Wal-Mart looks good for the moment


Wal-Mart Stores, Inc.'s (NYSE:WMT) December same-store sales grew 1.6%, and Wal-Mart shares rose above $47.20 today as investors once again fell in love (for the minute) with the world's largest retailer on the heels of December sales results. These, of course, were driven nicely and predictably by holiday sales and so forth. What else is new? Wal-Mart not having a rising December sales month would spell doom for the entire U.S. economy most likely.

Also, Wal-Mart this week unveils that it will re-structure its worker scheduling system to treat employees like inventory, Just In Time employees, as Peter Cohan writes here. This makes sense, as I am sure Wal-Mart wants to maintain a consistent employee-to-customer ratio as possible -- but theories and real practice sometimes don't mix. I'll wait to see how this works before going further with an analysis.

So, it seems like standard Wal-Mart: there is sometimes, scratch that, always a mix of good news and semi-good or bad news streaming in from Wal-Mart these days. So this week's sales numbers and then employees-as-inventory stories follow that tradition. 2007 should be an interesting Wal-Mart year, that is for sure.

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