Word: marteli
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...Mart is eager to please MARTHA STEWART. Having declared bankruptcy, the chain wants to ensure that she'll continue designing her successful line of home and gardening wares for its stores. Plus, a story in last week's Globe makes clear that no one should be on her bad side. The tabloid, using tidbits gleaned from Martha, Inc., a new and unauthorized biography by Christopher Byron, alleges that Stewart curses a blue streak, berates underlings, is mean to her family and scares neighborhood children. The portrait was unsavory enough for K Mart to decide to pull the Globe from...
...founders of Apex Digital in Ontario, Calif., have sold enough cheap DVD players in North America to steal a 14% share of that market. The firm has machines assembled for a pittance in China and sells them in the U.S. at such bargain stores as Wal-Mart. Now Apex is targeting TVs. It will have 18 models out by June. Not bad for a pair who began by peddling scrap metal to China...
...eggs were made of steel. Fast-forward to today, when average workers have become rich at Microsoft and Dell by loading up on their employers' stock (thus the Dellionaires). Bill Gates' portfolio is still overwhelmingly Microsoft. Bad planning, Bill. And how about the folks who retire from Wal-Mart and can shop at Tiffany because they bought Sam Walton's stock on the cheap? One stock. One company...
...other direction, a string of commercial developments—mainly car dealers and auto repair shops—stretches toward a shopping center with K-Mart, Star Market and other chain retailers. The shopping center is also on Harvard-owned land...
Microsoft aside, it’s unusual for someone talking about the business practices of one company to be able to claim economic ramifications applicable to the whole country, but McKinsey shows that to be precisely the case with Wal-Mart. From its founding in Bentonville in 1962 to today’s 1600 stores, 1000 supercenters, 1000 international stores and 500 Sam’s Clubs, Wal-Mart has gotten to the point where it is a macroeconomic force in the countries in which it operates...