Fast Comany mentions Wal-Mart in two recent articles:
American and European businesses have to go back and look at their own roots. Sears was created to serve the poor. Singer sewing machines innovated with a scheme to make consumption possible by allowing customers to pay $5 a month instead of $100 at once. The world's largest company today, Wal-Mart, was created to serve poor people.
Bill Chidley, chief creative officer, Design Forum
"The radical approach would be an altruistic retail concept. If we shop at Wal-Mart to be good fiscal managers and at Target to be hip, maybe we could shop at Kmart to give something back. Kmart becomes K for care, K for community. I'll put up with tiles that don't match, and I won't care if I pay 25 cents more for Tide if I know 20 cents is going to the high school."
Posted by Kevin on January, 7 2005 at 11:15 AM
