The company was so big, and growing so fast, that it was exploring the outer limits of manageable expansion.
It was a gala event hosted by rapper and actress Queen Latifah and featuring performances by American Idol winners David Cook and Carrie Underwood, teen sensation Taylor Swift, '80s rockers Journey, and country stars Keith Urban and Tim McGraw.Īway from the festivities, though, senior Wal-Mart ( WMT, Fortune 500) executives met to confront a potential crisis: a looming shortage of young talent in the store management ranks. (Fortune Magazine) - In the spring of 2008, Wal-Mart threw an annual shareholders meeting befitting its stature as the world's mightiest retailer.
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