After suffering seven straight quarters of losses, today the merchandise giant Wal-Mart will announce that it is going back to basics, ending its era of high-end organic foods, going green, and the remainder of its appeal to the upscale market. Next month the company will launch an Its Back campaign to woo the millions of customers who have fled the store. They will be bringing back heritage products, like inexpensive jeans and sweatpants.
Few may recognize it as such, but this episode should be seen as a cautionary tale about progressives and social engineering experiments on low-income Americans. This mornings Wall Street Journal article is blunt:
That strategy failed, and the Bentonville, Ark., retail giant now is pursuing a back-to-basics strategy to reverse the companys fortunes.
The failure, in large part, can be pinned to Leslie Dach: a well-known progressive and former senior aide to Vice President Al Gore. In July 2006, Dach was installed as the public relations chief for Wal-Mart. He drafted a number of other progressives into the company, seeking to change the companys way of doing business: its culture, its politics, and most importantly its products.
Out went drab, inexpensive merchandise so dear to low-income Americans. In came upscale organic foods, green products, trendy jeans, and political correctness. In other words, Dach sought to expose poor working Americans to the good life of the wealthy, environmentally conscious Prius driver.