Word: wal
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Dates: during 2000-2009
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...training, branding and competitive bidding--all of them borrowed from the corporate-management textbook. "What distinguishes us from other charities is that I run this like a business," he says. "Even though we're a monopoly here, I want to be at the leading edge in our field. If Wal-Mart went into food banking, we'd out-compete them...
...running of the paper. Baquet has pushed his people hard to compete with the large East Coast papers in national and foreign coverage, in the Times's reporting on the wars in Afghanistan and Iraq as well as with in-depth pieces like a Pulitzer-winning series on Wal-Mart that showed how the store cut prices with overseas sourcing...
...years the supermarket industry viewed its 1% net profit margin as a badge of its efficiency. In reality, the opposite was true: the grocers earned so little because they weren't that good at managing the supply chain. Wal-Mart exploited that weakness with devastating effect on the grocers, and it has forced food suppliers to become more efficient too. For starters, the leviathan has changed the way grocery stores deal with their vendors, as everyone seeks to copy its Retail Link system, which provides real-time sales data to manufacturers. Wal-Mart also helped persuade the pack to subscribe...
...perhaps Wal-Mart's greatest industry legacy will be helping supermarkets wean themselves from a slew of so-called vendor allowances, which suppliers pay to cover everything from how an item is promoted to how much shelf space it gets to how much of it is sold. These allowances have little to do with consumers and add complexity to operations. Yet the industry has relied on them for profits--instead of, say, finding and selling the stuff that shoppers really want. Grocery manufacturers, who have leaned on the allowance system to help launch new products and unload unpopular ones, were...
...summer with a relatively modest print campaign, the sparklers became an instant hit. Halle Berry, Cameron Diaz and Sarah Jessica Parker all wore them, while Katie Couric sported hers when she featured them on the Today show. As experts buzzed about women's disposable income and girl-power advertising, Wal-Mart hastily introduced a selection starting at $177, with solid sales results...