Word: retailers
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...investing in that the partnerships are deeper, as the Alliance works to build not just a firm's profitability but also supportive structures. For example, rather than just lending money for, say, a farmer's barn, they would look at the farmer's other infrastructure needs, such as storage, retail outlets, transport to markets, etc. Also, inherent to the model is the notion that part of the "return" is the social and environmental benefit a company represents...
...Project Impact. One goal of Project Impact is cleaner, less cluttered stores that will improve the shopping experience. Another is friendlier customer service. A third: home in on categories where the competition can be killed. "They've got Kmart ready to take a standing eight-count next year," says retail consultant Burt Flickinger III, managing director for Strategic Resources Group and a veteran Walmart watcher. "Same with Rite Aid. They've knocked out four of the top five toy retailers, and are now going after the last one standing, Toys "R" Us. Project Impact will be the catalyst to wipe...
...Mike Duke will keep investors quite happy. Though the recession finally caught up to Walmart last quarter, when the company reported a 1.2% drop in U.S. same-store sales, Walmart was a consistent winner during the worst days of the financial crisis, as frugal consumers traded down. While most retailers are shutting down stores, Walmart has opened 52 Supercenters since Feb. 1. Joseph Feldman, retail analyst at Telsey Advisory Group, estimates that each store costs Walmart between $25 and $30 million. In order to continue the momentum that it has picked up during the retail recession, over the next five...
Chrysler executives insist that their numbers were not as bad as they appear. "Chrysler Group's large-car, minivan, crossover and truck segments all posted increases in retail sales in August," says Steven Beahm, vice president of sales operations, adding that Chrysler now has a 28-day supply of vehicles on dealer lots, the lowest figure in decades. Beahm also notes that Chrysler's truck, van and Jeep sales have been relatively stable. Of course, that's a far cry from what's needed most right now - sales growth. And new products designed with help from Fiat won't arrive...
...time they transcend that." The agreement with China Unicom is not exclusive and offers no revenue-sharing for Apple, meaning the U.S. computer maker could seek other options. "I think Apple is still considering other channels beside China Unicom," says Zhang. "I've heard they are talking with retail stores." (Read about ways to create iPhone apps on the cheap...