Wal-Mart president and chief executive Lee Scott this week appealed to retailers to help play a part in solving America's present economic and social ills.
Speaking at the National Retail Federation in New York on Monday, Scott said bold and decisive action was needed to get the US economy moving again. He approved of the fiscal stimulus and liquidity-improving measures put in place by the US government, but added that retailers have an important role to play as the industry closest to the man on the street.
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