Word: depot
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...their flower beds," says Sierra Club's Orli Cotel. Chuck Corbitt, CEO of Corbitt Manufacturing, a top mulch supplier, told TIME that some of his mulch--including bags labeled FLORIDAGOLD--comes from Louisiana cypress but denied that it originates in endangered coastal forests. A Home Depot spokesman says the retailer is re-evaluating Corbitt. Wal-Mart is investigating consumer concerns, and an employee plans to visit the region to study the issue. Environmentalists say mulch made from pine straw or pine bark can be an effective alternative. "Cutting down cypress forests to make mulch is like melting down the Liberty...
...Percentage of DVD sales in the U.S. made at Wal-Mart, which this week launched a download depot--with approximately 3,000 movies and TV shows--to compete against online-rental firms...
...million Maximum pay that Home Depot CEO Frank Blake will receive this year...
...form hasn't crimped Journal substance. On Day 3 of the new era, last Thursday, the paper produced a smart pair of page one stories about the biggest business news story of the week: the flameout of Home Depot's CEO Robert Nardelli. A news piece chronicled Nardelli's demise and his troubled relationship with the Home Depot board, and a thoughtful Alan Murray analysis described how Nardelli fell out of touch with the demands today's CEOs routinely face. The pieces jointly dominated the top of page one; I didn't miss that phantom sixth column (whose absence...
RESIGNED. Bob Nardelli, 58, as chairman and CEO of Home Depot, the world's largest home-improvement chain; in the wake of investor anger over his $200 million--plus pay package during the past six years while Home Depot's stock price sank; in Atlanta. Nardelli had refused to discuss his salary, even at the company's contentious annual meeting last year, at which he was the only board member in attendance. Although Home Depot's market capitalization fell $5.6 billion in 2006, Nardelli received a $210 million severance deal...