The objective is to build capacity of the local communities, local authorities, government officials, NGOs and other stakeholders to inventory intangible cultural heritage following a community-based approach.

UNESCO: Detailview | United Nations Educational, Scientific and Cultural Organization

"They're starting to lay out stores differently, with better merchandise like private label food and more brand-name apparel, " says Dreher, who also stressed that a more decentralized approach to inventory management figures will help Wal-Mart do a better job stocking stores based on local tastes in each market.

FORBES: Discounters