NY Times Says Wal-Mart Needs Better Story, Not More Spin

Wal-Mart CEO H. Lee Scott recently said, "We have not gotten our story out to the extent that we need to." The head of the global super store told a retailing conference that Wal-Mart's bad reputation came from newspapers and television. But a New York Times editorial responded that "if Wal-Mart wants to improve its image, it should focus less on shaping its message and more on changing the way it does business. ... These damaging news stories are not a product of bad spin, but bad facts.

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The Additive Effect of Ad Agencies

"WPP Group's agreement to buy Grey Global Group solidifies ad industry power in the hands of four big firms," reports the Wall Street Journal. "The takeover also will give WPP access to Grey's long relationships with such clients as Procter & Gamble, one of the world's biggest advertising spenders. ... During the past decade, ad holding companies rushed to gobble up agencies to serve more clients. ...

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I'm Responsible, if I Do Say So Myself

The environmental group Friends of the Earth will hold "a mock awards ceremony aimed at exposing the green spin and corporate social responsibility failings of UK companies." CSR is big business; a recent APCO Worldwide survey of more than 400 people in 10 countries found that "corporate social responsibility

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