05/16/2009 05:12 am ET | Updated May 25, 2011

Wal-Mart CEO: I See A 'Lot of Stress,' Slow Recovery for U.S.

The U.S. economy won't "just bounce out and come back" from the current recession, Wal-Mart Stores Inc. Chief Executive Officer Mike Duke said in an interview on NBC's Today show.

Consumers battered by unemployment are buying cheaper cuts of meat, spending more on vitamins to avoid trips to the doctor and buying flat-panel televisions instead of taking vacations, Duke said today.