Word: wal
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...past 18 months, to about $35, it is nowhere near the $60 highs of 2000. Some analysts say fears that higher interest rates will deter home-improvement spending are hurting the stock. Nardelli doesn't think interest rates can derail Home Depot, nor is he looking for radical ideas. Wal-Mart made the risky move into selling groceries when it went through a period of sagging sales in the mid-1990s and built a wildly successful new business. Instead, Nardelli is stretching the company's existing businesses. He is expanding its services to capture retiring baby boomers who prefer...
...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...
...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...