- Ron Johnson: ‘I was a terrible fit for J.C. Penney’
- Three New Must-See Retail Stores in New York City
- Wal-Mart doubles small-store expansion amid weak sales and lowered outlook
- Kroger recognized for disability hiring efforts
- Walmart U.S. CEO Bill Simon steps down; to be replaced by CEO of Walmart Asia
Bentonville, Ark. Wal-Mart Stores is doing away with one of its long-standing legacies—its weekly Saturday morning managers’ meeting, according to The Wall Street Journal.
Dating back to Wal-Mart's earliest days, company managers have gathered on Saturday from 7:30 a.m. to 9:30 a.m. in Bentonville, Ark., to talk over business results and swap merchandising tips.
Despite complaints over the years about the early morning timing, Wal-Mart has required managers at its headquarters to attend two meetings a month, staggering attendance to fit the employees into its headquarters auditorium.
Wal-Mart said it will cut back the Saturday staff meetings to once a month starting in March, for the sake of efficiency, the report said.
The meetings will be broadcast on its closed-circuit network to allow those outside Bentonville to view the events.