[lbo-talk] Cost-effective democracy at work....

Mike Ballard swillsqueal at yahoo.com.au
Thu Apr 5 17:02:40 PDT 2007


Price Check item please.

"...In the end, our customers value low prices more than sustainability, and at Wal-Mart, we listen to our customers"

Wal-Mart CEO Lee Scott, who announced a high-profile series of green corporate initiatives last year, has now ... taken them back. Citing high costs, Scott yesterday announced that Wal-Mart is canceling most of its sustainability programs, shifting its truck fleet back to diesel (from biofuels), shuttering its experimental hyper-efficient stores, and pulling organic products from its shelves. The only remaining evidence of Wal-Mart's much-ballyhooed green makeover will be -- you guessed it -- light bulbs. "We're keeping the compact fluorescents. Those are pretty cheap," said Scott. "The rest of the stuff we tried was too expensive. In the end, our customers value low prices more than sustainability, and at Wal-Mart, we listen to our customers."

Wage-slave's Escape http://happystiletto.blogspot.com/

____________________________________________________________________________________ It's here! Your new message! Get new email alerts with the free Yahoo! Toolbar. http://tools.search.yahoo.com/toolbar/features/mail/



More information about the lbo-talk mailing list