List details world’s ‘most ethical’ companies; 15 retailers make cut
Austin, Texas — Target Corp., Costco Wholesale Corp., Safeway, Gap Inc. and Whole Foods Market are among 15 retailers recognized on the Ethisphere Institute’s 2012 "World’s Most Ethical Companies" list. The other retailers honored were Starbucks Coffee Co., Patagonia, Wegmans, Marks and Spencer, Best Buy, eBay, Timberland, Office Max, Petco, and Ten Thousand Villages.
Ethisphere evaluates hundreds of companies, naming only those that surpass their industry peers to the "World’s Most Ethical Companies" (WME) list. The 2012 list features 145 companies in more than three dozen industries that show leadership in promoting ethical business standards., including 40 companies headquartered outside the United States. There have been 23 companies that have been honored each of the six years the WME has been awarded, including Aflac, American Express, General Electric, Patagonia, Starbucks, among others.
The methodology for the WME ranking includes reviewing codes of ethics, litigation and regulatory infraction histories, evaluating the investment in innovation and sustainable business practices, looking at activities designed to improve corporate citizenship, and studying nominations from senior executives, industry peers, suppliers and customers.
Click here www.ethisphere.com/wme to view the complete list of the 2012 World’s Most Ethical Companies, past lists, and to read the methodology behind it.
Kroger names sustainability chief
New York — The Kroger Co. appointed Suzanne Lindsay as its first director of sustainability. Prior to Kroger, Lindsay led sustainability initiatives at PetSmart.
“We have made substantial progress in sustainability in the past five years through energy savings, waste reduction, transportation efficiency and by reducing the use of plastic bags,” said Lynn Marmer, group VP, corporate affairs at Kroger. “Suzanne will help us accelerate our progress and identify new opportunities to improve our environmental stewardship.”
K3 Retail launches alliance with JustEnough Software
Newport Beach, Calif. — K3 Retail, the U.K.’s largest provider of solutions based on Microsoft Dynamics, has formed an alliance with JustEnough Software, a leading provider of demand management solutions, to help retailers more effectively plan financials, assortments, markdowns, promotions and allocations with flexibility, accuracy and ease.
JustEnough’s merchandise & assortment planning, price & markdown planning, promotions planning & analysis, space planning and allocation & replenishment solutions are fully integrated with Microsoft Dynamics AX. As a result, users can more effectively plan assortments and markdowns, maximize selling-space effectiveness, allocate products to the optimal stores and replenish inventory with accuracy.
The JustEnough retail planning solutions are designed to help retailers avoid stock-outs, over-stocks, lost sales and dissatisfied customers. Retailers that leverage JustEnough’s technology can expect to improve profitability and grow market share.
John Little, sales director at K3 Retail, commented: “The ever-growing U.K. market for planning and forecasting tools allows K3 to deliver the ultimate merchandising and planning solution to the retail sector on the Microsoft Dynamics AX 2012 platform.”