WAL-MART PURSUES FURTHER EFFICIENCIES IN FOOD DISTRIBUTION

FAYETTEVILLE, Ark. -- Despite controversy and costly battles, Wal-Mart Stores is so wedded to food, it plans to increase supercenter openings next year as it introduces initiatives to make it an ever-more-efficient food distributor."In regard to supercenters, we're being even more ambitious [than last year]," noted Tom Schoewe, chief financial officer, at the company's annual shareholders' meeting,

FAYETTEVILLE, Ark. -- Despite controversy and costly battles, Wal-Mart Stores is so wedded to food, it plans to increase supercenter openings next year as it introduces initiatives to make it an ever-more-efficient food distributor.

"In regard to supercenters, we're being even more ambitious [than last year]," noted Tom Schoewe, chief financial officer, at the company's annual shareholders' meeting, a five-hour marathon held June 4 in a stadium at the University of Arkansas here.

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TAGS: Walmart