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...company has promised to tighten lending standards and increase collections. On the product side, the company knows it must offer more essentials. "We continue to invest in our food offering in recognition of its importance in driving greater frequency, increasing guest loyalty and making Target a preferred shopping destination," CEO Gregg Steinhafel said during Target's fourth-quarter earnings call. For example, last year the company opened its first distribution center for perishable goods like fruits, vegetables and meats in Lake City, Fla. Target is slated to open another distribution center this year, in Cedar Falls, Iowa. "That...
...wasn't what the Chileans thought. Tompkins and his wife Kristine DeWitt, the former CEO of the ultragreen clothing company Patagonia, were planning to create a nature sanctuary in the middle of Chilean rain forest. Slowly, gradually, as Humes aptly chronicles, they convinced the government that they wanted nothing more than to protect one of the most beautiful and heretofore untouched stretches of forest in the world - what the Chilean poet Mario Miranda Soussi once called the "Patagonia of infinite land and water." Today Tompkins and his wife own 2 million acres in Chile and Argentina centered on the private...
...February 2008, Queensland's top environmental officials walked into the Australian headquarters of Xstrata and made the pitch. For Xstrata Coal CEO Peter Freyberg, investing an initial $3 million in the wombat was a no-brainer. "There's obviously benefit in terms of the way people perceive Xstrata," says Freyberg...
President Drew G. Faust is $50,000 wealthier after her new book won an award from the New York Historical Society last Wednesday. Louise Mirrer, CEO and President of the New York Historical Society, offered many reasons for the selection of Faust’s book, ‘This Republic of Suffering: Death and the American Civil War.’ “It is a great book,” Mirrer said, “a fascinating book.” According to her, Faust’s book stood out among the other finalists?...
...Last month, Aso's Finance Minister, Shoichi Nakagawa, was forced to resign after appearing to be drunk (he said he was suffering the after-effects of cold medication) at a press conference during an important international meeting. "Typically recessions were good for the LDP," says Jesper Koll, president and CEO of Tantallon Research Japan, "but this time around it is sort of pathetic. The government has no credibility. Any policy that comes out now gets greeted not with just a yawn but with utter indifference...