NEWS WATCH

Wal-Mart to Pay Pollution Fineart here has agreed to pay a $1 million fine levied by the Environmental Protection Agency, which said the company violated environmental construction codes in Massachusetts, New Mexico, Oklahoma and Texas. The EPA said last week Wal-Mart may face costs of up to $4.5 million to comply with the rules. "That figure is an overestimate, as we have already begun in recent

Wal-Mart to Pay Pollution Fine

art here has agreed to pay a $1 million fine levied by the Environmental Protection Agency, which said the company violated environmental construction codes in Massachusetts, New Mexico, Oklahoma and Texas. The EPA said last week Wal-Mart may face costs of up to $4.5 million to comply with the rules. "That figure is an overestimate, as we have already begun in recent years to strictly monitor our on-site contractors," Bill Wertz, Wal-Mart spokesman, told SN. Wertz also said the violations were a matter of "paperwork" and did not cause any environmental damage whatsoever. He added that Wal-Mart has one of the most rigorous construction management programs in the country.

Ahold Creates Sourcing Unit

ZAANDAM, Netherlands -- Ahold here said last week it has established a new business unit -- Ahold European Sourcing -- to leverage its European scale to improve buying conditions and lower costs by coordinating centralized buying strategies across the continent. The company said AES will incorporate procurement specialists from all of Ahold's European companies into four regional offices: The Netherlands, northern Europe, central Europe and southern Europe. Ahold said it operates or services more than 6,600 stores in 11 European countries.