Word: somes
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Dates: during 1990-1999
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Wal-Mart has a clearly articulated view of its role in society and the economy--to be an "agent" for the consumer. The company views its job as finding out exactly what folks want and getting those products into the stores at the lowest possible cost. It's a strategy...
Yet Wal-Mart customers are not of one mind on some of society's more complicated matters, as it learned with Preven. The primary ingredient in Preven is ethinyl estradiol/levonorgestrel--the same as in birth control pills--given in a high dose. The package also contains a pregnancy test. Although Wal...
Earlier this year, Planned Parenthood sent women to Wal-Mart stores with "emergency" prescriptions for birth control pills, not Preven by name. A few pharmacists refused to fill them, some apparently under the false impression that these drugs will terminate a pregnancy, as opposed to preventing one.
The Preven controversy, among others, has prompted Wal-Mart to reconsider some of its laissez-faire policies. The company recently established an ethics committee, to which buyers and other Wal-Mart employees can refer any knotty issue. As Wal-Mart continues to grow internationally, the committee will no doubt get...
Citigroup's specialized private banking division, which has 40,000 clients, each holding more than $3 million in assets, has produced a wealth of headaches in recent years. And this week's migraine could be especially severe for John Reed, Citigroup's co-chairman. He's being hauled before the...