Earlier this month, the company announced a long-planned venture to jointly build wholesale outlets in India and a nationwide supply chain with local partner Bharti Enterprises (See "Wal-Mart Inks Deal To Enter India").

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As chief executive of the number three funeral chain, New Orleans-based Stewart Enterprises, Henican could only watch and smile.

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Lai's new direct marketing venture, adMart, goes head to head with Li enterprises such as Park 'n Shop supermarket chain and electrical appliances retailer Fortress.

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Digging a hole WE TOOK STEWART ENTERPRISES chief Joseph Henican at his word when he said his New Orleans funeral-service chain would avoid problems plaguing competitors (June 14).

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