Will Wal-Mart Stores, Inc. (WMT)’s Bite Be Sharper Than D.C.’s Bark?

Published on July 11, 2013 at 12:55 pm by The Motley Fool in News

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For the products and services Wal-Mart Stores, Inc. (NYSE:WMT) provides, it does a great job and provides its workers a decent wage for doing so. Efforts like those in D.C. to forcibly increase the salaries only ends up ensuring that no one has a job. Let’s just hope that like in Chicago, every dog has his day and D.C. Mayor Vincent Gray follows Daley’s playbook and vetoes this boneheaded bill.

While Wal-Mart Stores, Inc. (NYSE:WMT) squares off with the District, the retail space is in the midst of the biggest change since mail order took off at the turn of last century. Only those most forward-looking and capable companies will survive, and they’ll handsomely reward those investors who understand the landscape.

The article Will Wal-Mart’s Bite Be Sharper Than D.C.’s Bark? originally appeared on Fool.com and is written by Rich Duprey.

Fool contributor Rich Duprey has no position in any stocks mentioned. The Motley Fool recommends Costco Wholesale (NASDAQ:COST) and Home Depot. The Motley Fool owns shares of Costco Wholesale.