Surprise Sale for Progressive Clothing Maker

Staff / Truthdig Dec 19, 2006 American Apparel's controversial founder has sold the clothing company to an investment firm for $382.5 million. The company made a name for itself by manufacturing guilt-free clothes in downtown Los Angeles, where it pays workers double the minimum wage and offers them healthcare, free meals and English lessons. Dig deeper ( 1 Min. Read )

Wal-Mart Can’t Hack it in Japan

Staff / Truthdig Aug 23, 2006 The retail giant has met its match in the Japanese consumer: Seiyu, Wal-Mart's Japanese division, has posted $465 million in losses for the first half of 2006. It's not looking good overseas for the shopping mecca?German and South Korean divisions were shut down earlier this year after poor performance. Dig deeper ( 1 Min. Read )

Wal-Mart Goes Organic

Staff / Truthdig Jun 4, 2006 Organic food is about to go mainstream. Michael Pollan explores what the globalization of organic food means, and finds it hard to separate the good from the bad. Also, see our interview with Pollan. Dig deeper ( 1 Min. Read )