HOW BUT FIRST, THESE MESSAGES. > STRUGGLING U.S. ECONOMY AND
STRUGGLING U.S. ECONOMY AND THOSE STAGGERING NEW JOBLESS
THOSE STAGGERING NEW JOBLESS NUMBERS JUST OUT.
NUMBERS JUST OUT. 10% OF THE AMERICAN WORKFORCE
10% OF THE AMERICAN WORKFORCE NOW, NEARLY 17 MILLION PEOPLE
NOW, NEARLY 17 MILLION PEOPLE OUT OF WORK AND THAT IS, OF
OUT OF WORK AND THAT IS, OF COURSE, FUELING THE DEBATE OVER
COURSE, FUELING THE DEBATE OVER WHEN THE ECONOMY SHOULD REOPEN.
WHEN THE ECONOMY SHOULD REOPEN. WALMART IS THE WORLD’S LARGEST
WALMART IS THE WORLD’S LARGEST PRIVATE SECTOR EMPLOYER IT’S
PRIVATE SECTOR EMPLOYER IT’S BEEN ONE OF THE COMPANY’S
BEEN ONE OF THE COMPANY’S WORKING WITH THE PRESIDENT’S
WORKING WITH THE PRESIDENT’S CORONAVIRUS TASK FORCE.
CORONAVIRUS TASK FORCE. DOUG McMILLON IS WALMART’S
DOUG McMILLON IS WALMART’S PRESIDENT AND CEO, CHAIRMAN OF
PRESIDENT AND CEO, CHAIRMAN OF THE BOARD OF DIRECTORS FOR THE
THE BOARD OF DIRECTORS FOR THE BUSINESS ROUNDTABLE, AN
BUSINESS ROUNDTABLE, AN ASSOCIATION OF AMERICA’S LEADING
ASSOCIATION OF AMERICA’S LEADING CEOs.
CEOs. MR. McMILLON, GOOD MORNING TO
MR. McMILLON, GOOD MORNING TO YOU.
YOU. >> GOOD MORNING, SAVANNAH.
>> GOOD MORNING, SAVANNAH. >> I KNOW YOU KNOW THOSE
>> I KNOW YOU KNOW THOSE UNEMPLOYMENT NUMBERS WELL.
UNEMPLOYMENT NUMBERS WELL. I ALSO KNOW THAT WALMART IS
I ALSO KNOW THAT WALMART IS HIRING RIGHT NOW, BUT WE WERE SO
HIRING RIGHT NOW, BUT WE WERE SO STRUCK BY THIS IMAGE OF CARS
STRUCK BY THIS IMAGE OF CARS LINING UP AT A FOOD BANK IN
LINING UP AT A FOOD BANK IN TEXAS.
TEXAS. SOME PEOPLE ARE EXPECTING THAT
SOME PEOPLE ARE EXPECTING THAT THE UNEMPLOYMENT FIGURE
THE UNEMPLOYMENT FIGURE ULTIMATELY COULD BE HIGHER THAN
ULTIMATELY COULD BE HIGHER THAN THAT OF THE GREAT DEPRESSION.
THAT OF THE GREAT DEPRESSION. ARE YOU CONCERNED THAT WE MAY
ARE YOU CONCERNED THAT WE MAY ACTUALLY SEE NOT JUST A
ACTUALLY SEE NOT JUST A RECESSION BUT A DEPRESSION IN
RECESSION BUT A DEPRESSION IN THIS COUNTRY?
THIS COUNTRY? >> WELL, I THINK IT’S REAL
>> WELL, I THINK IT’S REAL IMPORTANT THAT WE PRIORITIZE THE
IMPORTANT THAT WE PRIORITIZE THE HEALTH AND SAFETY OF THE
HEALTH AND SAFETY OF THE AMERICAN PUBLIC RIGHT NOW, AND
AMERICAN PUBLIC RIGHT NOW, AND IT IS ALSO IMPORTANT THAT WE GET
IT IS ALSO IMPORTANT THAT WE GET BACK TO WORK AS WE CAN.
BACK TO WORK AS WE CAN. I THINK THAT’S GOING TO TAKE A
I THINK THAT’S GOING TO TAKE A LOT OF COLLABORATION BETWEEN
LOT OF COLLABORATION BETWEEN PRIVATE ENTERPRISE, SMALL
PRIVATE ENTERPRISE, SMALL BUSINESS, LARGE BUSINESS AS WELL
BUSINESS, LARGE BUSINESS AS WELL AS STATE AND LOCAL AND OBVIOUSLY
AS STATE AND LOCAL AND OBVIOUSLY THE NATIONAL GOVERNMENT.
THE NATIONAL GOVERNMENT. THAT WILL NEED TO HAPPEN A
THAT WILL NEED TO HAPPEN A REGION AT A TIME.
REGION AT A TIME. A COUNTY AT A TIME.
A COUNTY AT A TIME. THERE ARE A NUMBER OF US
THERE ARE A NUMBER OF US THINKING ABOUT NOW WHAT NEEDS TO
THINKING ABOUT NOW WHAT NEEDS TO BE IN PLACE SO OTHER TYPES OF
BE IN PLACE SO OTHER TYPES OF BUSINESSES BEYOND OURS CAN START
BUSINESSES BEYOND OURS CAN START BACK TO WORK.
BACK TO WORK. AT WALMART WE NEVER REALLY SHUT
AT WALMART WE NEVER REALLY SHUT DOWN.
DOWN. KEEPING THE GROCERY SUPPLY CHAIN
KEEPING THE GROCERY SUPPLY CHAIN FLOWING HAS BEEN OUR PURPOSE
FLOWING HAS BEEN OUR PURPOSE THESE LAST FEW WEEKS AND MONTHS.
THESE LAST FEW WEEKS AND MONTHS. IN THIS COUNTRY AND AROUND THE
IN THIS COUNTRY AND AROUND THE WORLD.
WORLD. SO WE HAVE LEARNED A BIT HOW TO
SO WE HAVE LEARNED A BIT HOW TO OPERATE AND ADJUST TO TRY AND
OPERATE AND ADJUST TO TRY AND SERVE CUSTOMERS IN THIS
SERVE CUSTOMERS IN THIS ENVIRONMENT AND WE’LL CONTRIBUTE
ENVIRONMENT AND WE’LL CONTRIBUTE THOSE IDEAS BEST WE CAN.
THOSE IDEAS BEST WE CAN. >> IT’S INTERESTING WHAT YOU
>> IT’S INTERESTING WHAT YOU JUST SAID.
JUST SAID. THE PRESIDENT THIS WEEK SAID HE
THE PRESIDENT THIS WEEK SAID HE REALLY WOULD LIKE TO SEE THE
REALLY WOULD LIKE TO SEE THE ECONOMY OPEN BACK UP WITH A BIG
ECONOMY OPEN BACK UP WITH A BIG BANG, AND WHO WOULDN’T?
BANG, AND WHO WOULDN’T? BUT YOU WERE JUST TALKING ABOUT
BUT YOU WERE JUST TALKING ABOUT HOW THE ECONOMY MIGHT REOPEN,
HOW THE ECONOMY MIGHT REOPEN, AND WHAT MIGHT BE NECESSARY FOR
AND WHAT MIGHT BE NECESSARY FOR COMPANIES OTHER THAN YOURS TO
COMPANIES OTHER THAN YOURS TO REOPEN.
REOPEN. ARE YOU IMAGINING MASS TESTING?
ARE YOU IMAGINING MASS TESTING? THAT KIND OF THING?
THAT KIND OF THING? >> I THINK THERE ARE A NUMBER OF
>> I THINK THERE ARE A NUMBER OF INGREDIENTS THAT GOT TO BE IN
INGREDIENTS THAT GOT TO BE IN PLACE.
PLACE. WE NEED GOOD DATA, IMPROVED
WE NEED GOOD DATA, IMPROVED TESTING.
TESTING. LOTS OF FOLKS ARE WORKING ON
LOTS OF FOLKS ARE WORKING ON THAT NOW.
THAT NOW. IMPORTANT ROLE OF PPE COMES INTO
IMPORTANT ROLE OF PPE COMES INTO PLAY HERE.
PLAY HERE. AT WALMART MADE A NUMBER OF
AT WALMART MADE A NUMBER OF ADJUSTMENTS, REDUCED HOURS,
ADJUSTMENTS, REDUCED HOURS, CLEANING THE STORES OVERNIGHT.
CLEANING THE STORES OVERNIGHT. WE’VE GOT MASKS AND GLOVES FOR
WE’VE GOT MASKS AND GLOVES FOR OUR ASSOCIATES SO THEY CAN USE
OUR ASSOCIATES SO THEY CAN USE THOSE.
THOSE. PUT UP PLEXIGLAS AT OUR CASHIER
PUT UP PLEXIGLAS AT OUR CASHIER STANDS AND IN PHARMACY.
STANDS AND IN PHARMACY. WE’RE TAKING THE TEMPERATURE OF
WE’RE TAKING THE TEMPERATURE OF OUR ASSOCIATES STARTING TODAY
OUR ASSOCIATES STARTING TODAY BEFORE THEY START IN OUR STORES,
BEFORE THEY START IN OUR STORES, CLUBS AND DISTRIBUTION CENTERS.
CLUBS AND DISTRIBUTION CENTERS. I THINK INGREDIENTS LIKE THAT
I THINK INGREDIENTS LIKE THAT NEED TO COME INTO PLAY AS
NEED TO COME INTO PLAY AS CUSTOMERS THINK ABOUT SOCIAL
CUSTOMERS THINK ABOUT SOCIAL DISTANCING AND ASSOCIATES
DISTANCING AND ASSOCIATES RESPOND TO THAT SAME ISSUE,
RESPOND TO THAT SAME ISSUE, WE’VE STARTED TO METER THE
WE’VE STARTED TO METER THE NUMBER OF CUSTOMERS THAT CAN
NUMBER OF CUSTOMERS THAT CAN COME INTO A STORE AT ANY POINT
COME INTO A STORE AT ANY POINT IN TIME TO HELP CREATE MORE
IN TIME TO HELP CREATE MORE SOCIAL DISTANCE.
SOCIAL DISTANCE. THOSE ARE EXAMPLES HOW EACH
THOSE ARE EXAMPLES HOW EACH BUSINESS WILL NEED TO PREPARE
BUSINESS WILL NEED TO PREPARE AND RESPOND.
AND RESPOND. >> YOU’VE TALKED ABOUT THE
>> YOU’VE TALKED ABOUT THE WALMART WORKER AS BEING HEROIC
WALMART WORKER AS BEING HEROIC AND THEY ARE ON THE FRONT LINES,
AND THEY ARE ON THE FRONT LINES, AT GREAT RISK TO THEMSELVES, I
AT GREAT RISK TO THEMSELVES, I MIGHT ADD.
MIGHT ADD. TWO WORKERS FROM WALMART IN THE
TWO WORKERS FROM WALMART IN THE CHICAGO AREA PASSED AWAY FROM
CHICAGO AREA PASSED AWAY FROM THE VIRUS.
THE VIRUS. ONE OF THE FAMILY’S FILED A
ONE OF THE FAMILY’S FILED A WRONGFUL DEATH LAWSUIT AGAINST
WRONGFUL DEATH LAWSUIT AGAINST THE COMPANY, AND THE QUESTION IS
THE COMPANY, AND THE QUESTION IS WHETHER SOME OF THESE POLICIES
WHETHER SOME OF THESE POLICIES YOU JUST OUTLINED CAME A LITTLE
YOU JUST OUTLINED CAME A LITTLE TOO LATE?
TOO LATE? FOR EXAMPLE, TAKING TEMPERATURES
FOR EXAMPLE, TAKING TEMPERATURES ARE EMPLOYEES IN THE STORES’S
ARE EMPLOYEES IN THE STORES’S THAT HAPPENED SIX DAYS AFTER ONE
THAT HAPPENED SIX DAYS AFTER ONE OF THE CHICAGO EMPLOYEES PASSED
OF THE CHICAGO EMPLOYEES PASSED AWAY.
AWAY. >> YEAH.
>> YEAH. OUR HEART GOES OUT TO THOSE
OUR HEART GOES OUT TO THOSE FAMILIES, AND THE ASSOCIATES IN
FAMILIES, AND THE ASSOCIATES IN THOSE STORES.
THOSE STORES. WE THINK THAT EVERYTHING WE’RE
WE THINK THAT EVERYTHING WE’RE DOING, TAKE OUR LEAD POLICY, FOR
DOING, TAKE OUR LEAD POLICY, FOR EXAMPLE, GIVES PEOPLE FREEDOM
EXAMPLE, GIVES PEOPLE FREEDOM NOT TO COME TO WORK.
NOT TO COME TO WORK. WE DON’T WANT ASSOCIATES COMING
WE DON’T WANT ASSOCIATES COMING TO WORK IF NOT FEELING WELL HAVE
TO WORK IF NOT FEELING WELL HAVE A TEMPERATURE.
A TEMPERATURE. THE THINGS WE’VE DONE WITH OUR
THE THINGS WE’VE DONE WITH OUR CASH BONUS, PULLING FORWARD
CASH BONUS, PULLING FORWARD QUARTERLY BONUSES GIVE FREEDOM
QUARTERLY BONUSES GIVE FREEDOM FROM A FINANCIAL POINT OF VIEW
FROM A FINANCIAL POINT OF VIEW TO MAKE THAT CHOICE.
TO MAKE THAT CHOICE. WHEN THEY GET TO THE STORES THE
WHEN THEY GET TO THE STORES THE STEPS I DESCRIBED A MINUTE AGO
STEPS I DESCRIBED A MINUTE AGO INTENDED TO KEEP PEOPLE AS SAFE
INTENDED TO KEEP PEOPLE AS SAFE AS POSSIBLE AS WE WORK THROUGH
AS POSSIBLE AS WE WORK THROUGH THIS.
THIS. I AGREE WITH YOU.
I AGREE WITH YOU. ASSOCIATES GETTING UP EVERY DAY,
ASSOCIATES GETTING UP EVERY DAY, CHOOSING TO COME TO WORK, SERVE
CHOOSING TO COME TO WORK, SERVE CUSTOMERS ARE HEROIC.
CUSTOMERS ARE HEROIC. I TRAVELED AROUND THE COUNTRY.
I TRAVELED AROUND THE COUNTRY. I WAS IN NORTH CAROLINA THIS
I WAS IN NORTH CAROLINA THIS WEEK.
WEEK. I’VE BEEN IN OHIO, NEBRASKA,
I’VE BEEN IN OHIO, NEBRASKA, OTHER PLACES RECENTLY.
OTHER PLACES RECENTLY. OUR ASSOCIATES HAVE AN
OUR ASSOCIATES HAVE AN INCREDIBLE ATTITUDE AND
INCREDIBLE ATTITUDE AND COMMITMENT TO SERVING OTHERS.
COMMITMENT TO SERVING OTHERS. IT’S ONE OF THE REASONS WHY I
IT’S ONE OF THE REASONS WHY I WANTED TO COME ON TODAY.
WANTED TO COME ON TODAY. JUST TO THANK THEM, APPRECIATE
JUST TO THANK THEM, APPRECIATE EVERYBODY THAT’S WORKING IN
EVERYBODY THAT’S WORKING IN RETAIL, AND IN MANUFACTURING, BY
RETAIL, AND IN MANUFACTURING, BY THE WAY.
THE WAY. THOSE KEEPING THE SUPPLY CHAIN
THOSE KEEPING THE SUPPLY CHAIN GOING, CHOOSING TO GET UP EVERY
GOING, CHOOSING TO GET UP EVERY DAY AND GO TO WORK AND
DAY AND GO TO WORK AND CONTRIBUTE IS REALLY TRULY
CONTRIBUTE IS REALLY TRULY HEROIC DURING THIS PERIOD OF
HEROIC DURING THIS PERIOD OF TIME AND WE’RE GRATEFUL TO THEM.
TIME AND WE’RE GRATEFUL TO THEM. >> I THINK ALL AMERICANS HAVE A
>> I THINK ALL AMERICANS HAVE A NEW APPRECIATION FOR THE HARD
NEW APPRECIATION FOR THE HARD WORK THAT IS BEING DONE AND HOW
WORK THAT IS BEING DONE AND HOW NECESSARY IT IS AND HOW MUCH WE
NECESSARY IT IS AND HOW MUCH WE ALL RELY ON IT.
ALL RELY ON IT. WALMART IS ONE OF THOSE
WALMART IS ONE OF THOSE BUSINESSES THAT’S ACTUALLY DOING
BUSINESSES THAT’S ACTUALLY DOING WELL IN THIS TERRIBLE ECONOMY,
WELL IN THIS TERRIBLE ECONOMY, WHERE THE DOW IS DOWN, WALMART
WHERE THE DOW IS DOWN, WALMART STOCK IS UP.
STOCK IS UP. AND THE EXECUTIVES WILL SEE A
AND THE EXECUTIVES WILL SEE A BENEFIT FROM THAT, FRANKLY.
BENEFIT FROM THAT, FRANKLY. THEY’LL REAP THE REWARDS OF
THEY’LL REAP THE REWARDS OF THAT.
THAT. IS IT TIME BEYOND JUST TEMPORARY
IS IT TIME BEYOND JUST TEMPORARY BONUS OR TEMPORARY PAID LEAVE,
BONUS OR TEMPORARY PAID LEAVE, EXTENSIONS THAT KIND OF THING,
EXTENSIONS THAT KIND OF THING, IS IT TIME TO DO MORE FOR THE
IS IT TIME TO DO MORE FOR THE WALMART EMPLOYEE TO HAVE A PIECE
WALMART EMPLOYEE TO HAVE A PIECE OF THAT FINANCIAL SUCCESS?
OF THAT FINANCIAL SUCCESS? >> YEAH.
>> YEAH. WE’VE BEEN TAKING A NUMBER OF
WE’VE BEEN TAKING A NUMBER OF STEPS, AS YOU MAY REMEMBER, WE
STEPS, AS YOU MAY REMEMBER, WE DID A SPECIAL CASH BONUS AT THE
DID A SPECIAL CASH BONUS AT THE BEGINNING OF THIS PROCESS TO PUT
BEGINNING OF THIS PROCESS TO PUT MONEY IN THEIR POCKETS AND
MONEY IN THEIR POCKETS AND PULLED QUARTERLY BONUS.
PULLED QUARTERLY BONUS. MAKING ADJUSTMENTS TO PAID TIME
MAKING ADJUSTMENTS TO PAID TIME OFF PLAN.
OFF PLAN. GOT A THREE TIER PROCESS THERE
GOT A THREE TIER PROCESS THERE WHERE ASSOCIATES CAN CHOOSE TO
WHERE ASSOCIATES CAN CHOOSE TO NOT COME TO WORK AND A NUMBER OF
NOT COME TO WORK AND A NUMBER OF THEM HAVE.
THEM HAVE. ONE OF THE REASONS WE’VE BEEN
ONE OF THE REASONS WE’VE BEEN HIRING SO MANY PEOPLE DURING
HIRING SO MANY PEOPLE DURING THIS PERIOD OF TIME.
THIS PERIOD OF TIME. SINCE MARCH 19th, IN THE UNITED
SINCE MARCH 19th, IN THE UNITED STATES WE’VE HIRED OVER 100,000
STATES WE’VE HIRED OVER 100,000 PEOPLE TO JOIN WALMART AND HELP
PEOPLE TO JOIN WALMART AND HELP OUT.
OUT. THAT’S REAL IMPORTANT.
THAT’S REAL IMPORTANT. A LOT OF OUR ASSOCIATES ARE
A LOT OF OUR ASSOCIATES ARE FEELING FATIGUED FROM WORKING SO
FEELING FATIGUED FROM WORKING SO HARD FOR SO MANY DAYS AND WEEKS.
HARD FOR SO MANY DAYS AND WEEKS. AS WE GO FORWARD WE’LL KEEP
AS WE GO FORWARD WE’LL KEEP LOOKING FOR OPPORTUNITIES TO
LOOKING FOR OPPORTUNITIES TO SUPPORT THEM MORE, BECAUSE AS I
SUPPORT THEM MORE, BECAUSE AS I MENTIONED EARLIER THEY REALLY
MENTIONED EARLIER THEY REALLY ARE STEPPING UP.
ARE STEPPING UP. >> LET’S TALK ABOUT WHAT PEOPLE
>> LET’S TALK ABOUT WHAT PEOPLE ARE BUYING.
ARE BUYING. OBVIOUSLY, THEY’VE BEEN
OBVIOUSLY, THEY’VE BEEN STOCKPILING SUPPLIES LIKE TOILET
STOCKPILING SUPPLIES LIKE TOILET PAPER, PAPER TOWEL, HAND
PAPER, PAPER TOWEL, HAND SANITIZER.
SANITIZER. A LOT OF TIMES YOU GO TO THE
A LOT OF TIMES YOU GO TO THE STORES IT’S NOT ON THE SHELVES.
STORES IT’S NOT ON THE SHELVES. WHEN DO YOU FEEL YOU’LL BE ABLE
WHEN DO YOU FEEL YOU’LL BE ABLE TO MEET THE DEMAND THAT’S OUT
TO MEET THE DEMAND THAT’S OUT THERE CONSISTENTLY?
THERE CONSISTENTLY? >> I THINK IT’S IMPORTANT THAT
>> I THINK IT’S IMPORTANT THAT EVERYONE KNOW THAT OUR
EVERYONE KNOW THAT OUR MERCHANDISE CONTINUES TO FLOW.
MERCHANDISE CONTINUES TO FLOW. OUR REPLENISHMENT TEAM,
OUR REPLENISHMENT TEAM, SUPPLIERS, ARE WORKING HARD TO
SUPPLIERS, ARE WORKING HARD TO MAKE THAT HAPPEN.
MAKE THAT HAPPEN. FOOD IS RECOVERING AND IN GOOD
FOOD IS RECOVERING AND IN GOOD SHAPE.
SHAPE. HAND SANITIZER HAS BEEN HARDER
HAND SANITIZER HAS BEEN HARDER TO COME BY.
TO COME BY. OUR ASSOCIATES HAVE IT AND WE’RE
OUR ASSOCIATES HAVE IT AND WE’RE WORKING TO PUT IT ON THE SHELF.
WORKING TO PUT IT ON THE SHELF. SOON AS WE DO, IT’S GONE.
SOON AS WE DO, IT’S GONE. PAPER GOODS CONTINUING TO SELL
PAPER GOODS CONTINUING TO SELL OUT QUICKLY.
OUT QUICKLY. SOLD ENOUGH TOILET PAPER FOR
SOLD ENOUGH TOILET PAPER FOR EVERY AMERICAN TO HAVE THEIR OWN
EVERY AMERICAN TO HAVE THEIR OWN ROLL JUST IN FIVE DAYS.
ROLL JUST IN FIVE DAYS. SO THERE’S PLENTY OF FLOW
SO THERE’S PLENTY OF FLOW COMING, BUT IF EVERYONE COULD
COMING, BUT IF EVERYONE COULD MANAGE AND BUY WEEK TO WEEK
MANAGE AND BUY WEEK TO WEEK RATHER THAN STOCKING UP AT THIS
RATHER THAN STOCKING UP AT THIS POINT IT WOULD BE HELPFUL FOR
POINT IT WOULD BE HELPFUL FOR EVERYBODY.
EVERYBODY. >> IN WAS AN ANNOUNCEMENT A FEW
>> IN WAS AN ANNOUNCEMENT A FEW WEEKS AGO AT THE WHITE HOUSE, AS
WEEKS AGO AT THE WHITE HOUSE, AS YOU, WALMART AND OTHER BIG BOX
YOU, WALMART AND OTHER BIG BOX RETAILERS WOULD PARTICIPATE IN
RETAILERS WOULD PARTICIPATE IN HOUSING MOBILE TESTING SITES FOR
HOUSING MOBILE TESTING SITES FOR THE VIRUS IN YOUR PARKING LOTS.
THE VIRUS IN YOUR PARKING LOTS. AS I UNDERSTAND IT, THERE HAVE
AS I UNDERSTAND IT, THERE HAVE BEEN A FEW SET UP, BUT NOT FOR
BEEN A FEW SET UP, BUT NOT FOR EVERYBODY.
EVERYBODY. THEY’RE FOR FRONT-LINE WORKERS.
THEY’RE FOR FRONT-LINE WORKERS. IT HASN’T REALLY GONE, OR CAUGHT
IT HASN’T REALLY GONE, OR CAUGHT ON NATIONWIDE YET.
ON NATIONWIDE YET. WHAT’S THE STATUS OF THAT AND
WHAT’S THE STATUS OF THAT AND WHAT TO EXPECT?
WHAT TO EXPECT? >> YEAH.
>> YEAH. WE’RE MAKING PROGRESS.
WE’RE MAKING PROGRESS. WALMART ALONG WITH OTHER
WALMART ALONG WITH OTHER RETAILERS HAVE BEEN WORKING WITH
RETAILERS HAVE BEEN WORKING WITH THE TESTING LAB, STATE
THE TESTING LAB, STATE GOVERNMENTS AND THE FEDERAL
GOVERNMENTS AND THE FEDERAL GOVERNMENT TO TRY AND STAND
GOVERNMENT TO TRY AND STAND THESE US.
THESE US. WE’VE PUT UP A FEW AND THINK
WE’VE PUT UP A FEW AND THINK ABOUT 20 SITES WILL BE OPEN OVER
ABOUT 20 SITES WILL BE OPEN OVER 10 STATES IN THE NEXT COUPLE OF
10 STATES IN THE NEXT COUPLE OF WEEKS.
WEEKS. PPE THE ORIGINAL LIMITATION.
PPE THE ORIGINAL LIMITATION. THAT’S STARTING TO IMPROVE.
THAT’S STARTING TO IMPROVE. WE’RE HOPING TO GET THOSE OPEN
WE’RE HOPING TO GET THOSE OPEN AND OPERATING QUICKLY IN THE
AND OPERATING QUICKLY IN THE PLACES WHERE NEEDED MOST.
PLACES WHERE NEEDED MOST. THE GOVERNMENT ALSO ASKED FOR
THE GOVERNMENT ALSO ASKED FOR MORE ASSISTANCE FROM US AND FROM
MORE ASSISTANCE FROM US AND FROM OTHERS FOR DISPOSABLE SURGICAL
OTHERS FOR DISPOSABLE SURGICAL GOWNS.
GOWNS. WE’VE WORKED TO SOURCE THAT AND
WE’VE WORKED TO SOURCE THAT AND PROVIDE IT THROUGH OUR SUPPLY
PROVIDE IT THROUGH OUR SUPPLY CHAIN AND PARTNERSHIP WITH
CHAIN AND PARTNERSHIP WITH McKESSON AND THROUGH APRIL WE
McKESSON AND THROUGH APRIL WE THINK WE FOUND AN ADDITIONAL
THINK WE FOUND AN ADDITIONAL MILLION GOWNS WE WILL BE ABLE TO
MILLION GOWNS WE WILL BE ABLE TO GET TO HOSPITALS AND THROUGH THE
GET TO HOSPITALS AND THROUGH THE MONTH OF MAY, MILLIONS MORE TO
MONTH OF MAY, MILLIONS MORE TO HELP OT ON THEUT ON THE FRONT LI
HELP OT ON THEUT ON THE FRONT LI >> GREAT NEWS TO HEAR.
>> GREAT NEWS TO HEAR. BEFORE I LET YOU GO, AS CEO OF
BEFORE I LET YOU GO, AS CEO OF WALMART YOU HAVE A UNIQUE VIEW
WALMART YOU HAVE A UNIQUE VIEW ON THE PULSE OF AMERICA.
ON THE PULSE OF AMERICA. IS THERE ANYTHING THAT PEOPLE
IS THERE ANYTHING THAT PEOPLE ARE BUYING A LOT OF RIGHT NOW
ARE BUYING A LOT OF RIGHT NOW THAT KIND OF SURPRISED YOU?
THAT KIND OF SURPRISED YOU? >> YOU CAN DEFINITELY SEE THAT
>> YOU CAN DEFINITELY SEE THAT AS PEOPLE HAVE STAYED HOME,
AS PEOPLE HAVE STAYED HOME, THEIR FOCUS SHIFTED.
THEIR FOCUS SHIFTED. STARTED OUT WITH FOOD AND
STARTED OUT WITH FOOD AND CONSUMABLES THEN MOVED TO THINGS
CONSUMABLES THEN MOVED TO THINGS LIKE PUZZLES AND GAMES.
LIKE PUZZLES AND GAMES. THINGS TO ENTERTAIN KIDS AND
THINGS TO ENTERTAIN KIDS AND EDUCATE CHILDREN AS YOU WOULD
EDUCATE CHILDREN AS YOU WOULD GUESS.
GUESS. LATELY MORE GROOMING PRODUCTS.
LATELY MORE GROOMING PRODUCTS. PEOPLE STARTING TO NEED A
PEOPLE STARTING TO NEED A HAIRCUT.
HAIRCUT. YOU SEE MORE BEARD TRIMMERS AND
YOU SEE MORE BEARD TRIMMERS AND HAIR COLOR AND THINGS LIKE THAT.
HAIR COLOR AND THINGS LIKE THAT. IT’S INTERESTING TO WATCH THE
IT’S INTERESTING TO WATCH THE DYNAMIC PLAY OUT.
DYNAMIC PLAY OUT. >> HMM.
>> HMM. WELL, HAIR COLOR, RIGHT HERE.
WELL, HAIR COLOR, RIGHT HERE. WALMART CEO DOUG McMILLON, THANK
WALMART CEO DOUG McMILLON, THANK YOU FOR BEING WITH US THIS
YOU FOR BEING WITH US THIS MORNING.
