Wal-Mart execs' emails have been leaked regarding the exchange of information between higher-ups in the company. According to a Feb. 18 report, the retailer experienced bad sales figures starting out the month. Jerry Murray, Wal-Mart's vice president of finance and logistics, expressed his disappointment in a sales report.
Murray wrote Feb. 12:
“In case you haven’t seen a sales report these days, February MTD [month-to-date] sales are a total disaster. The worst start to a month I have seen in my [roughly] seven years with the company.”
Senior vice president of Wal-Mart Replenishment, Cameron Geiger, wanted to know where all the customers were and their money.
Geiger wrote Feb. 1:
“Have you ever had one of those weeks where your best- prepared plans weren’t good enough to accomplish everything you set out to do? Well, we just had one of those weeks here at Walmart U.S. Where are all the customers? And where’s their money?”
The leaked Wal-Mart execs' emails didn't help the stock market once they hit the internet. They closed at 2.2 percent Friday.
A Wal-Mart spokesman released this statement in response to the leaked emails:
“As with any organization, we often see internal communications that are not entirely accurate, that lack the proper context and represent individual opinions.”