WTF?
From today's New York Times:
"Wal-Mart Stores, whose voracious, all-in-one retailing model has crippled thousands of competitors over the last 40 years, is turning to an unusual business plan: helping its rivals.
The giant discount retailer, under assault as never before by critics, announced a wide-ranging effort today to support small business near its new urban stores, including the hardware stores, dress shops and bakeries with which it competes.
Under the program, Wal-Mart will offer those businesses financial grants, training on how to survive with Wal-Mart in town and even free advertising within a Wal-Mart store."
All I have to say is wow. My favorite is the part I put in italics.
Full article here.
"Wal-Mart Stores, whose voracious, all-in-one retailing model has crippled thousands of competitors over the last 40 years, is turning to an unusual business plan: helping its rivals.
The giant discount retailer, under assault as never before by critics, announced a wide-ranging effort today to support small business near its new urban stores, including the hardware stores, dress shops and bakeries with which it competes.
Under the program, Wal-Mart will offer those businesses financial grants, training on how to survive with Wal-Mart in town and even free advertising within a Wal-Mart store."
All I have to say is wow. My favorite is the part I put in italics.
Full article here.