`The Big 3' tell it to the letter.(Wal-Mart Stores Inc., Target Corp., Kmart Corp. annual reports)(Brief Article)(Statistical Data Included)
Home Textiles Today, April, 2001 by NEGLEY, JENNIFER
Annual reports are great things. Like those long-winded form letters sent out prior to the holidays by far-flung acquaintances and distant relatives, they tell you a lot of stuff you already know, provide you with some factual inform you never quite remember on your own and engage you here and there with some legitimate news.
New annual reports from the big three discount companies -- all recently posted on their websites -- follow suit. Each uniquely reflects the personality of its company at this point in its existence. The difference is evident from each retailer's opening pages. Wal-Mart's letter to shareholders from president and ceo Lee Scott uses up eight paragraphs simply describing all of the multi-national company's many business...
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