Wal-Mart Stores Inc. (WMT)

[ChronicDDL]

WMT Main Website: http://www.walmartstores.com/wmstore/wmstores/HomePage.jsp

WMT News/PR: http://walmartstores.com/wmstore/wmstores/Mainnews.jsp?BV_SessionID=@@@@2051590981.112794537 9@@@@&BV_EngineID=cccgaddfdldmdkdcfkfcfkjdgoodglh.0&pagetype=news&template=NewsShelf.jsp&categoryOID=-8300&catID=-8248

WMT Competitors: http://finance.yahoo.com/q/co?s=WMT

WMT Investor Info: http://investor.walmartstores.com/phoenix.zhtml?c=112761&p=irol-irhome

WMT DD Blog: http://wmtlinks.blogspot.com/

WMT Retail Divisions: http://walmartstores.com/wmstore/wmstores/Mainabout.jsp?BV_SessionID=@@@@2051590981.11279453 79@@@@&BV_EngineID=cccgaddfdldmdkdcfkfcfkjdgoodglh.0&pagetype=about&categoryOID=-9215&catID=-8242&subCatOID=-9214&template=CategoryDisplay.jsp

WMT Store Openings: http://walmartstores.com/wmstore/wmstores/Mainnews.jsp?BV_SessionID=@@@@2051590981.112794537 9@@@@&BV_EngineID=cccgaddfdldmdkdcfkfcfkjdgoodglh.0&pagetype=news&template=ContentCatDisplay.jsp&subCatOID=-8605&categoryOID=-8605&catID=-8248

WMT Facts Website: http://www.walmartfacts.com/

[jbtrader23]

Does anyone think Walmart will succeed with this "going upscale" strategy? Buying Tommy Hilfiger?

Sounds like they've gotten bored with the low price business. They see the success of Target and think they need to follow that. They risk alienating their core group of customers and at the same time, not being cool enough for the Target (cheap chic) market.

[axb8000]

It will be important to see how much of a the Hillfiger line costs. If it is too much for the avg. Walmart shopper right now it won't go over well.

I don't think Wally World is going to get over it's cheap image anytime soon and especially not by adding a "once" trendy line of clothes. But it is a positive sign that they are trying.

[stockviper]

Perhaps Wal-Mart is thinking in terms of Tommy H competing with Martha at K-mart. As Cramer said yesterday with everyone running to Wal-mart to save money...if WM buys TH that would give WM an upscale line to detract from the cheap items they sell and keep even more people out of the K-Marts and Targets. ??

[mdamia]

Cramer voiced what I had been thinking. As the economy goes down Wally's Place will be heading up as even middle class shoppers go out looking for a bargain. I had been waiting for the right time to jump into this stock and maybe now is the time.