What's in the Cards for Wal-Mart

WHILE ITS RIVALS in the supermarket industry and other channels of trade are excited over the possibilities inherent in forging deeper relationships with customers who carry their loyalty cards, will Wal-Mart Stores be left behind? Or would the world's largest retailer introduce a loyalty program as a means of rebounding for a two-year U.S. sales slump? Though there has been no indication from the

WHILE ITS RIVALS in the supermarket industry and other channels of trade are excited over the possibilities inherent in forging deeper relationships with customers who carry their loyalty cards, will Wal-Mart Stores be left behind? Or would the world's largest retailer introduce a loyalty program as a means of rebounding for a two-year U.S. sales slump?

Though there has been no indication from the Bentonville, A

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