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Corporate Culture WAL-MART Tolerance on aisle 5: the retail giant extended employee antidiscrimination protections to gays and lesbians...
...well-off parents are also finding their way into discount stores when shopping for their children's everyday wear. There they will brush shopping carts with parents of moderate budgets, who are able to find stylish and durable kids' clothing for every occasion. In the past several years, Wal-Mart and Target have gone to great--and successful--lengths to improve the quality of their private-label children's wear. Jill Rice, 34, a stay-at-home mother in Atlanta, says that while she prefers to shop for church or special-occasion clothing for her 21-month-old daughter Lilly...
Discount chains have done a good job of seizing licensing opportunities. Target, for example, carries clothing emblazoned with Hello Kitty and Barney, while Wal-Mart has SpongeBob SquarePants and a line designed by Mary-Kate and Ashley Olsen. The chains have been savvy in their marketing, particularly to Hispanics, who have surpassed African Americans as the largest minority group in the U.S. According to Susan Porjes, a retail analyst based in Honolulu, Hispanic parents spend a higher percentage of their income on children's clothing than other ethnic groups do. That helps explain why Target has licensed characters from...
...right thing to do for our employees. We want all of our associates to feel they are valued and treated with respect--no exceptions. " MONA WILLIAMS, Wal-Mart vice president of communications, on the company's decision to include gays and lesbians in its antidiscrimination policy...
...subsidiary of Viad, based in Phoenix, MoneyGram has more than doubled its global agent base, from 25,000 to 60,000, within the past three years. MoneyGram also scored a few big wins last year, including deals to place its outlets in Wal-Mart stores and Canada Post offices. "We're trying to be nimble and move quickly," says Phil Milne, who heads the money-transfer company, based in Minneapolis. MoneyGram generally charges lower transaction fees and offers a better exchange rate than Western Union. But Western Union, having partnered with national post offices in some 25 countries, including...