Dec. 14 - Wal-Mart's chief executive said on Sunday he sees changes in the habits of the chain's customers as they contend with the recession, . . . . "In our pharmacy group, we have increases in prescription drugs, but not at the same rate it was," he said. "What we're seeing is an increase in self-treatment."
Don't know how I missed this last week? But it's a sign we Christmas shoppers should be worried! An increase in depressed and 'self-medicating' Wal-Mart customers roaming through the store's generic Big-Boxes seems likely to take all the fun out of shopping. It's also too bad for Wal-Mart that their growth in pharmaceutical sales is "not at the same rate it was".
Kinda makes one doubt the existence of Santa Claus during these hard times!
But Wal-Mart's CEO Lee Scott observed that an Obama plan to deal with the crisis was a great "opportunity" to get to get Health Care Reform moving in the right direction. Yeah, nothing like a new national program to get those drug sales up! As to whether or not the crisis was also an opportunity for Wal-Mart to give its employees "living wages" - CEO Scott said nothing.
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