A report from the WaPo claims the suits at The Mart are reconsidering some of their business practices, which I found most peculiar. The suits are just in the discussion stage with co-ops in South America, but is this an actual response to the anti-Mart movement or just a ploy to get trendy phrases and products on the shelf?
The story says in part:
"Wal-Mart executives are planning to visit Poco Fundo at the end of the month before making a decision. It's part of the new corporate philosophy outlined by chief executive H. Lee Scott Jr.: "Doing well by doing good."
And:
"At Wal-Mart, executives say a rebirth is occurring inside their no-frills headquarters. "Sustainability" and "trend-right" have entered the corporate lexicon alongside "everyday low prices." Chief executive Lee Scott drives a Lexus Hybrid.
Greg Spragg, executive vice president for operations and the No. 2 guy at Sam's Club, has christened Bom Dia's coffee his "volume producing item," which means everyone down the ladder is focused on boosting sales. "I really felt like it was important to be able to put the words that we had been using around sustainability [and] kind of bring them to life in an item," Spragg said from Wal-Mart headquarters. "What we had in these products were really great quality items at an extraordinary value."
Perhaps the spread of acts like this are having an effect?
I believe that Wal-Mart is starting to hear the call of the wild.
ReplyDeleteThey still destroy communities though, ask mine.
Doing well by doing good...a little too little a little too late now that all the shops are closed downtown and U.S. factories can't beat China for Wal-Mart's business.
ReplyDelete