Forget going upscale--Wal-Mart should serve needs of poor, seniors.

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    • Subject Terms:
      WAL-Mart Stores Inc. 051957769 WMT
    • Abstract:
      The author describes how retail chain Wal-Mart may benefit from problems in the subprime mortgage market and food industry. Wal-Mart attempted to install banking services into stores but was blocked by opposition by banking groups. The company has proposed a prepaid debit card to benefit low-income consumers. The author suggests Wal-Mart offer a line of nutritional food for seniors that's easy to digest and low-priced.