"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

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

"I am going to be personally committed to have a well regulated, well disciplined, well tracked, well inventory-controlled, well law-enforcement-coordinated approach, " said Inslee, who is due to give Holder more details this week.

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The traditional approach is for a retailer to buy a diamond which then sits in its inventory awaiting a buyer, often for months or even years.

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The approach "will help to preserve NYTimes.com's significant reach and advertising inventory, in that it will allow us to retain light users while aiming to convert heavier users to a digital subscription, " Times Co.

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