Nike Gets Responsible Written By: Taeho Lim 2007-06-19 17:48:04 Apparently even the Swoosh feels a sense of moral obligation. On May 31, Nike (NKE - 53.42) announced a corporate responsibility program designed to overcome its image as a $15 billion corporate empire focused more on its bottom line than its employees, the community, and the world around it. The Beaverton, Oregon athletic apparel maker intends to implement several initiatives by 2011, including reducing environmental waste, improving work conditions for its employees, and contributing $315 million to community-based youth sports programs.
I do not currently hold WalMart shares. I sold WMT and bought Target (TGT - $52.61) because I find Target's growth story to be more compelling at the moment. According to First Call, at $59.50 WalMart has a forward P/E ratio of over 17 versus that of Target (TGT - $52.61) at under 15.
Saran Shoes to Get Short Shrift from Stimulus Written By: Jeanne Roberts 2008-07-24 09:18:52
A new economic report this week warns that specialty retailers are likely to start tanking once the stimulus checks are spent.
Should Human Costs Be Factored Into Environmentally Friendly Products? Written By: Miranda Marquit 2008-07-02 13:17:56 Photo: Dennis Gerbeckx, Creative Commons, Flickr
Environmentalism is becoming a big deal. More and more companies, including Wal-Mart (WMT), are jumping on the environmental bandwagon, straining themselves to make changes so that they can show consumers how environmentally conscious they are.
