http://www.usatoday.com/money/industries/retail/2011-03-30-wal-mart-ceo-expects-inflation_N.htm
Well what could he expect. The US Government is attacking him in this crazy, Everyone is a victim, sexual descrimination lawsuit. The Fed keeps creating money that raises his transportation, fixed costs and storage costs of all products even if the Chinese are continuing to purchase US Debt. There is a whole class of people who shop at but hate the concept of Walmart.
And part of this mess, the whole socialized healthcare program, he helped with unions to institute. So he or his predecessor is part of the problem and not the cure.