Word: marteli
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Welcome to Wal-Mart in China, where the late Sam Walton has a new image: the Mao of retailing. There, as in Walton's home state of Arkansas, having the right merchandise is paramount. So the store in Shenzhen, just north of Hong Kong, is crowded with tanks of crabs, fish, frogs and shrimp, which can be taken home wiggling or be expertly gutted and cleaned on the spot...
...photographs. His slogans and philosophy have been internalized by all employees, and they can tell you the story of his great march forward from humble rural roots to become a great leader. And by the way, would you like us to skin that frog for you? Welcome to Wal-Mart in China, where the late Sam Walton has a new image: the Mao of retailing. And where, as in Arkansas, stocking exactly the right merchandise is still paramount. So the store in Shenzhen, just north of Hong Kong, is crowded with tanks of crabs, fish, frogs and shrimp, which...
...something like, "We'd like 5.5 million meters, please. Now what's your price?" Try $5.21 per meter. As a result, ASDA slashed its retail prices in half and upped its annual jeans sales to 1 million, from 174,000. ASDA is acquiring some 2,000 products from Wal-Mart's global network, and its gains might have set off a consolidation spree. Last week, Morrisons, the U.K.'s fifth-largest chain, launched a takeover offer for Safeway, the fourth-largest. ASDA could join the fray. ASDA is making its mark on Wal-Mart, too. ASDA's George brand...
...there, lurking behind the freeway as if it had been teleported into this tiny town. In 1999 WorldCom founder Bernie Ebbers moved the company here, to his old college town, and everything changed. Employees started wearing their badges around town as a sign of their achievement. A Wal-Mart Supercenter sprang up. And millions of Ebbers' dollars went to making over Mississippi College. When friends came to visit Cynthia Cooper for lunch, she would give them a tour of the facility. This is the town where she had grown up, and she was proud of this company that knew...
...greatest strides up from the bottom, however, have been made in race relations, due to the implementation of Civil Rights laws - all of which Lott has opposed. The term New Mississippi is not just a PR gambit - it's real. Walk into a Burger King or K-Mart or Ole Miss Library and you'll see blacks and whites eating, shopping and studying together. "Forty years ago when the state was first integrated, blacks had no rights," veteran journalist Curtis Wilke recently noted. "Today they politically control the Delta. White people are living with that reality just fine. Today nobody...