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My friend Kathleen Waterbury Reilly, who lives in Pennsylvania, swears by Wal-Mart's cargo shorts. There are a few different types on walmart.com, but Faded Glory Women's Plus Cinched Cargo Bermuda Shorts, with six pockets, are the ones she loves. She has three pairs—at $14 a pop!
She uses the side leg pocket for her BlackBerry (RIMM), and MOREPatricia Sellers - Jul 17, 2009 2:37 PM ET
The ouster of Bank of America's (BAC) chief risk officer, Amy Brinkley, was inevitable, as I wrote in "Behind the shakeup at BofA" on Friday.
And as I mentioned in that piece, two years ago, Fortune featured Brinkley and five other execs in "One Step Away," about rising-star Most Powerful Women on track to be CEOs of Fortune 500 companies someday. So what's happened to the other five?
One woman made it MOREPatricia Sellers - Jun 8, 2009 12:31 PM ET
"We need to see ourselves and conduct ourselves not as Goliath, but as David—not as a giant, but as a nimble and innovative competitor in every market."
-- Wal-Mart (WMT) CEO Mike Duke at Friday's annual meeting for shareholders and employees in Fayetteville. Fortune's Suzanne Kapner attended the gathering, which given Wal-Mart's success in this economy, was more of a celebration. Actor Ben Stiller emceed a program with surprise performances from MOREJessica Shambora, Writer-Reporter - Jun 5, 2009 3:58 PM ET
Two more Most Powerful Women -- the latest, both named Linda -- are leaving big companies.
One is Royal Dutch Shell's (RDS.A) Linda Cook -- whose exit lends fresh meaning to the term "leaky pipeline." Cook, executive director at the Anglo-Dutch oil giant and No. 3 on Fortune's 2008 international Most Powerful Women list, will leave next Monday after losing the CEO race there, according to the Wall Street Journal. Strangely, MOREPatricia Sellers - May 27, 2009 3:52 PM ET
Defining a brand and sticking to it is always difficult. Particularly in a downturn.
Which is why the success of Bravo - the NBC Universal cable network that serves up food, fashion, beauty, design and pop culture to upscale audiences - is all the more impressive.
This morning, I went to Bravo's "upfront" presentation, where NBCU's Lauren Zalaznick, who built the network, and her team pitched their new season and their growth MOREPatricia Sellers - Apr 14, 2009 1:55 PM ET
"While economic challenges forced others to step back, we moved forward."
- Wal-Mart CEO Mike Duke, in a memo to employees announcing that the company is awarding some $2 billion in incentives--bonuses, profit sharing, merchandise discounts, and contributions to 401(k) and stock-purchase plans--to hourly employees in the U.S. That's up from $1.2 billion in incentives a year ago. Good for the folks in Bentonville, doing their part to pump up the U.S. economy and MOREPatricia Sellers - Mar 19, 2009 6:34 PM ET
On Friday, I left you with a promise: that I'd find something new and proactive to do to answer President Obama's call to "responsibility"--which seems to be the buzzword of his Administration.
I found my "to do" this weekend--but before I tell you what I decided on, let me share briefly what I spent yesterday working on. Carrie Welch, my onetime Fortune colleague and former Most Powerful Women Summit co-chair, and MOREPatricia Sellers - Mar 2, 2009 2:10 PM ET
It was, to steal a Malcolm Gladwell term, a "tipping point" in my outlook on the cratering economy. I call it my "That Girl" moment.
It was the fourth Monday in November last year. I was at a Thanksgiving party at the home of Cathie Black, the president of Hearst Magazines. Marlo Thomas was there, too. "Saks is selling shoes for 75% off. It's incredible!" TV's onetime Ann Marie was crowing, MOREPatricia Sellers - Feb 27, 2009 1:01 PM ET
Every manager is supposed be doing that these days. You know, there's a lot more risk in reinvention than just the uncertainty of your fancy new business model. In your rush to reinvent, you could well leave your core values behind.
I've been contemplating this lately for several reasons. For one, I'm sold on the wisdom of Jim Collins, the management guru who was part of a recent Fortune cover package MOREPatricia Sellers - Feb 23, 2009 2:38 PM ET
When the ashes clear from this economic Armageddon, the leaders and organizations left standing will be the ones that stand for something. That have a clear purpose.
I'm sure of this because I worked with two CEO-founders who indeed stood for something: Herb Kelleher of Southwest Airlines (LUV) and Sam Walton of Wal-Mart (WMT). I worked with these iconic entrepreneurs on their companies' advertising, marketing and internal culture. They taught me MOREPatricia Sellers - Feb 18, 2009 1:10 PM ET
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