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Wal-Mart has evidence that proves its claim that ousted executives Julie Roehm and Sean Womack had an extramarital affair, the retail giant claims.
The company has “irrefutable and admissible evidence of the relationship,” Wal-Mart representative Mona Williams is quoted as saying in New York magazine (via Adweek). “I would not tell you this if we didn’t know it was true.”
Womack and Roehm were let go in December after both allegedly violated Wal-Mart’s ethics codes, and Roehm has filed suit against Wal-Mart claiming the company breached her contract and damaged her reputation.
Wal-Mart claims that Roehm acted inappropriately with potential Wal-Mart agencies during a review process. The company’s relationship with one of the agencies, Draft FCB, was also terminated. The other, The Martin Agency, was invited to bid for the review again, and won.
All sectors of the media business will suffer from the weakened economy in 2008 and 2009, with a slump in local advertising particularly hurting newspapers and local TV, according to a new projection from Goldman Sachs.
Broadcast nets will experience…
The New York Times is shuttering its International Herald Tribune site; NYTimes.com will soon host the international news normally reserved for its sister website.
The move is not about cost savings, but rather about growth, NYTimes.com general manager Vivian Schiller…
Unilever’s Vaseline set forth on an unusual research project in a small town in Alaska. Setting up a storefront, the company began giving away free bottles of lotion and asking recipients to name the person who had recommended they come…
Meet the Press, the show hosted by Tim Russert for 17 years before his death last June, is beginning to slip in ratings.
Last month, CBS’s Face the Nation pulled ahead of Meet the Press for the first time in two…
Bloggers collectively create nearly one million blog posts each day, and half of bloggers believe blogs will be a primary source of news and entertainment in the next five years, according to Technorati’s 2008 State of the Blogosphere Report, MarketingCharts writes.…
Wal-Mart and Costco reported same-store gains in September, with sales rising 2.4% and 9% respectively. Sales at Target stores open at least a year fell 3%, writes Retailer Daily.
Below, fiscal results from the discount retail giants:
Sales of food and…
